PayPal has created a $10 million fund to provide grants up to $10,000 to more than 1,000 Black-owned small businesses across the United States. This grant can be used to assist in the recovery or stabilization of a small business that has been negatively impacted by COVID-19, the current recession or recent unrest.
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Due to overwhelming response to the PayPal Empowerment Grants for Black Businesses Program, we will pause accepting new applications on Saturday, June 13 at 3 p.m. EDT. If you have previously started an application, you have until 3 p.m. EDT on Tuesday, June 16 to complete it. You do not need a PayPal business account to apply. Please visit aeoworks.org/paypalgrant to join a mailing list for future updates.