Facebook Launches $100 Million Small Business Assistance Program
Facebook (NASDAQ: FB) is launching a global relief program for small businesses impacted by the coronavirus pandemic.
The social networking giant said it is establishing a $100 million aid program for 30,000 small businesses in over 30 countries consisting of cash grants and ad credits. The money, which would average around $3,300 per recipient, could be used to keep workers on the payroll, cover rent, communicate with customers, or cover operational costs.
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Source Fool.com
