NEW YORK – The Local Initiatives Support Corporation (LISC) announces grants of $5,000, $7,500 and $10,000 available for small businesses. Applications are due by 11:59 p.m. EST on Tuesday, April 28.
Small businesses across the country, the backbone of our nation’s economy, are facing potentially devastating economic pressure as a result of the COVID-19 pandemic. Many have already been forced to shut temporarily, and even those operating remotely still face major revenue shortfalls. With few or no reserves to pay their expenses, many will have no choice but to lay off workers and close their doors forever.
Financial assistance at this critical time can make the difference between staying in business or closing permanently, leading to lost income and jobs and economic instability.
Thanks to support from funders like Verizon and Sam’s Club, LISC is providing grants to small businesses, to help them keep functioning and remain vital facets of their local economies through this challenging period.
For more information on the grants and the grant application process, see the LISC website here.