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Uber and Visa Announce Grants For Growth Program, Providing $1 Million to Small Businesses

Is your small business an Uber Eats restaurant that's been affected by COVID-19, natural disasters, or other unexpected events?

This week Uber and Visa announced Grants for Growth, a program that will provide $1 million in grant funding to small businesses in 10 U.S. cities, including Detroit, that are currently active on Uber Eats.

One hundred merchants will receive grants of $10,000, which can be used toward payroll, vendor debt, upgrading technology infrastructure, and other immediate needs.

"We know that this year has been trying for many and that independently-owned businesses continue to face significant business challenges. From natural disasters to the impact of the COVID-19 pandemic, Uber and Visa are committed to supporting SMBs, especially through unexpected events, when they may need us most," said Sarfraz Maredia, VP of US and Canada Delivery at Uber.

Business owners interested in applying for the Grants for Growth program can apply at from January 17-24.

Read the full press release on Yahoo Finance.

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