SAVE SMALL
BUSINESS

A grant making initiative to help small employers who are struggling during the COVID-19 outbreak.

The U.S. Chamber of Commerce Foundation is a proud partner of Capital One’s The Match: Champions for Charity.

The Save Small Business Fund is a way for larger businesses and philanthropies to help the small business community suffering from the impacts of the COVID-19 pandemic. At this time the Chamber Foundation is not accepting donations from the general public.

To learn about opportunities to support the Save Small Business Fund, please contact us.

SUPPORT US

UPDATE

We appreciate your interest in the Save Small Business Fund. We are continuing to award grants to our existing list of applicants as new funds become available, but due to overwhelming demand, the program is no longer accepting new applications. We wish we could help everyone in this challenging time. You can find more non-financial resources here .

VITAL TO OUR ECONOMY

Small businesses are the foundation of our communities and our economy. Employing nearly half the American workforce, companies like yours keep our neighborhoods running and make them feel like home.

We know you’re facing multiple challenges right now, and every dollar counts.

Funded by corporate and philanthropic partners, the Save Small Business Fund is a collective effort to provide $5,000 grants to as many small employers as we can. We hope these supplemental funds will help you get through the next days and weeks.

We know these grants won’t cover all your expenses, but we hope they’ll help you bridge immediate financial needs.

THANK YOU FOR EVERYTHING YOU DO.

ADVISORY - Friday, May 1, 2020

In this pandemic, a few bad actors are taking advantage of people in need, including purporting to offer federal funds, charitable contributions, and medical equipment. The U.S. Chamber of Commerce Foundation urges small businesses to be careful sharing their information.

ELIGIBLE BUSINESSES MUST

- Employ between 3 and 20 people

- Be located in an economically vulnerable community

- Have been harmed financially by the COVID-19 pandemic

SEE IF YOUR BUSINESS QUALIFIES

Enter the zip code associated with your business (as listed on your W9 Form) to see if you are eligible

FREQUENTLY ASKED QUESTIONS

Since the onset of the coronavirus pandemic, business has been at the forefront of the response to the unprecedented health and economic crisis. The Save Small Business Fund is the result of corporations coming together to help the small employers who have been hit hardest survive the economic impact.

UPDATE: We are continuing to award grants to our existing list of applicants as new funds become available, but due to overwhelming demand, this program is no longer accepting new applications. To date, Save Small Business Fund grants have been awarded to small employers in 50 states, Washington, D.C., and Puerto Rico.

Eligible awardees must run a small business or chamber of commerce with between 3-20 employees (including yourself and not including independent contractors). The business must be located in an economically vulnerable community. This is defined as the bottom 80% of the most economically distressed zip codes in the United States, as ranked by the Distressed Communities Index. Before starting the application, you will be asked for the zip code where you are registered by the IRS as doing business, which will confirm your eligibility.

The Distressed Communities Index is a measure of the economic well-being of U.S. communities, developed by the Economic Innovation Group. Just as some businesses face higher risks than others, some communities are more vulnerable. This Fund is dedicated to helping employers in the places that need them most.

Each grant is for $5,000 and must be applied toward business expenses. We follow up with all grantees shortly after the award to learn how it was spent and the impact that it made.

While we are no longer accepting new applications, existing applicants that meet the above requirements may be awarded grants on a rolling basis as funds become available.

Grants are awarded to the existing list of applicants as new funds become available. Once the grantee has been notified and submitted payment information that meets compliance checks, it will take 3-5 days to process the payment.

The Save Small Business Fund is administered by the U.S. Chamber of Commerce Foundation. The Chamber Foundation is a private sector 501(c)(3) charity affiliated with the U.S. Chamber of Commerce and is not a government agency.

The Save Small Business Fund is made possible by the generosity of our corporate and philanthropic funding partners. At this time the Chamber Foundation is not accepting donations from the general public.

We look forward to speaking with you. Please send a note to [email protected] to ask about joining the Save Small Business Fund coalition.

Please reach out to [email protected].

The Save Small Business Fund is an initiative of the U.S. Chamber of Commerce Foundation and is made possible by the generosity of our partners.

FOUNDING PARTNERS

SUPPORTING PARTNERS

The U.S. Chamber of Commerce Foundation is a private sector 501(c)(3) charity affiliated under the U.S. Chamber of Commerce and is not a government agency. To learn more, please visit www.uschamberfoundation.org.