Facebook, 100 million for small businesses

In response to the Coronavirus emergency, Facebook in recent days, it announced a series of initiatives to support US health authorities in an attempt to calm the impact that the pandemic (long denied by Donald Trump) will have on the United States. Now the effort also goes in a second direction, namely that of small companies globally.

The announcement comes from Sheryl Sandberg, Facebook chief operating officer:

In the past few weeks, we have heard exemplary stories of individuals and groups helping each other. People from all over the world face a great challenge. We want to do our part too. Small companies are the beating heart of our communities and many people who work in these companies will be affected by the crisis (…). The longer this crisis, the greater the risk for small businesses and the livelihoods of their owners and employees.

The group then makes available $ 100 million for small businesses in 30 countries through money and credit to spend on advertisements. Mark Zuckerberg's company has not yet released details on the program, but everything is already thought with a view to re-starting, to instill a crumb of optimism for those who are making serious sacrifices in the ranks of this crisis to be able to go head to head in the moment. when the time will come to go back to work at full capacity.

READ  Highly growing infotainment market: 21.5 billion in 2026

The official page of the initiative is this: Details will follow as they become available.

Facebook Comments


My name is Michael, Iā€™m professional software developer and blogger, made this website to share my knowledge about everything what you see here šŸ™‚ haha hope you will like that, and do not forget to follow me on my twitter.

You may also like...