As small businesses are taking a major hit from the coronavirus, Facebook is now offering $100 million in grants to struggling businesses. Facebook COO Sheryl Sandberg has announced that the grants will come in forms of cash and advertising credit in order to help cover expenses and paying their employees. “Whatever happens next, we will be working to help businesses weather this storm,” commented Sandberg. The company has yet to announce qualifying factors, and businesses can sign up to receive an alert when the applications open.
Source: https://www.businessinsider.com/how-to-apply-for-facebooks-coronavirus-business-grants-2020-3