Friday, October 9, 2020

Facebook offers small business grants programme

Wazzup Pilipinas!

Applications are now open in your area. Apply for your grant today.

Small businesses in the Philippines can submit their application between 6-12 October 2020.

Facebook knows that your business may be experiencing disruptions resulting from the global outbreak of COVID-19. A little financial support can go a long way, so they're offering USD 100M in cash grants and ad credits to help during this challenging time.

Up to 30,000 eligible small businesses in more than 30 countries will be able to receive a grant from Facebook. To be eligible to apply, your business must:
  • Have between 2 and 50 employees
  • Have been in business for over a year
  • Have experienced challenges due to COVID-19
  • Be in or near a location where Facebook operates
To check if your area is eligible, or to sign up for email updates when applications open, see how to apply below.

In the Philippines Facebook is offering approximately PHP 55,000,000 in grants to approximately 500 eligible small businesses. Each grant amounts to PHP 108,000 comprising of PHP 67,500 in cash and PHP 40,500 in optional ad credits to help during this challenging time. (All numbers are approximate). Grants in the Philippines are available to eligible small businesses in locations where Facebook has offices: Metro Manila.

Small businesses do not need to have a Facebook presence in order to apply.

Please note that you must be physically located in this country in order to access the application form.

You’ll need the following documents:

  • Securities and Exchange Commission (SEC) registration of your business entity
  • Articles of Incorporation or Partnership
  • Bureau of Internal Revenue (BIR) Certificate of Registration

Application must be completed and submitted by a director in the company or a partner in the partnership of the registered business.

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