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PayPal – Grants for Black-owned Businesses

Agency / Department: PayPal

Resource: Grants for Black-owned Businesses

Details: PayPal created a $10 million fund for empowerment grants to Black-owned businesses impacted by COVID-19 or civil unrest. These grants will provide direct support to business owners to cover expenses related to stabilizing and reopening their businesses. The fund will be managed in partnership with Association for Enterprise Opportunity, a leading national nonprofit expanding economic opportunity for Black entrepreneurs through its Tapestry Project.


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