In June, Facebook announced $100 million in grants to support US Black-owned businesses, creators and non-profits.
Today, Facebook is announcing that $40 million of this investment will be dedicated to helping 10,000 U.S. Black-owned businesses and starting August 19, any majority Black-owned business in the US with up to 50 employees can apply for a grant.
Businesses can go to facebook.com/blackbusinessgrants to learn more and apply.
KRLD's John Liddle talked with Erica Woods, State Policy Manager at Facebook