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7 Grants Helping Small Businesses Impacted by Coronavirus

The coronavirus pandemic’s impact on the fashion, beauty and retail industries is staggering, as major retailers have shuttered their doors, halted production and even furloughed most of their employees in response to the virus. While major companies are experiencing setbacks, small businesses across the country and the globe are feeling the brunt of the losses with many independent fashion labels ceasing operations, streamlining their collections and making other changes in anticipation for an uncertain future post-COVID-19. Several major companies and cities across the country have responded to the challenges facing small businesses amid the pandemic by creating grants to keep them afloat, including the likes of Facebook, Google and the Council of Fashion Designers of America. The $2 trillion Coronavirus Stimulus Package signed by President Donald Trump last week also offers respite to small business owners, with a $350 billion federal small business loan program. Here, WWD lists seven grants for small businesses impacted by the COVID-19 pandemic. Amazon Amazon has created a $5 million Neighborhood Small Business Relief Fund to offer cash grants to small businesses with fewer than 50 employees or less than $7 million in annual revenue in the Seattle area, including in the South Lake Union, Bellevue and Regrade neighborhoods. The grant is

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