Here's How Small Businesses Can Apply For $5M Amazon Grant

SEATTLE, WA — As businesses across Seattle suffer amid the new coronavirus outbreak, Amazon is offering $5 million in grants to the small businesses near their campuses. A release from the tech giant says qualifying small businesses are eligible.

"They’re our friends and neighbors, and we believe it’s important we help them confront the economic challenges they face due to reduced foot traffic," Amazon said in a statement. "Our goal with this fund is to help our neighborhood small businesses maintain their livelihood, and continue to foster a vibrant community."

Apply for a grant here.

Amazon answered some frequently asked questions regarding eligibility, timing, amount, and more. See the Amazon website for the full list, but some details are below:

Only small businesses qualify, and they must:

• Fewer than 50 employees or less than $7 million in annual revenue
• Be service or retail establishments generally open to the public
• For example, dental establishments and corporate offices do not qualify
• Not be publicly traded corporations

Priority will be given to businesses close to Amazon campuses where there's evidence of decreased revenue.

Businesses do not need to pay back the funding.

See also:

• Amazon, Safeway Step Up Hiring Amid Coronavirus Crisis
• Amazon Grants $5 Million To Businesses Fearing Coronavirus Losses

The funds are intended for day-to-day expenses to operate and maintain business, but Amazon will not inspect recipients' expenditures.

Each grant's amount will be determined on a case-by-case basis.