Mark your calendars! The Backing Small Businesses grant program launches on Monday, March 20.
In 2021, American Express and Main Street America created the grant program to help underrepresented small business owners recover from the COVID-19 pandemic. In its first year, the program provided $1.65 million in grants to 330 small business owners across the country.
Now in its second year, the program will increase the number of grants awarded and total funding to more than $2.3 million to further support small business owners in building their economic vitality and fostering a thriving community. On March 20, applications will open for 350 small business grants of $5,000 to eligible businesses in the U.S. and territories.
If awarded, your business may also be eligible to be considered for an additional $25,000 Enhancement Grant! A limited subset of 25 grantees will be considered for the Enhancement Grant, which will allow those business owners the opportunity to further invest in the growth of their businesses.
Learn more about the program here:
If you are an eligible small business owner interested in applying for the grant, please click here to set up a reminder on your calendar: