BUSINESS

Amazon Unveils Novel Grants Program in Conjunction with Small Substitute Month

Amazon Substitute has launched its 2024 Small Substitute Grants program, announcing more than $250,000 in grants to toughen tiny companies throughout the US.

This initiative is section of Amazon’s commitment to aid tiny industrial owners throughout its annual Small Substitute Month.

The grants program is designed to aid tiny companies develop and succeed. This year, Amazon will award one immense prize, four finalist prizes, and ten semi-finalist prizes totaling more than $250,000. Small companies that currently employ Amazon Substitute and beget $1 million or less in annual gross sales are eligible to apply.

Besides money, the winners will safe a free one-year subscription to Substitute Top and a unfold of products from Amazon Gadgets and Amazon Basics. The closing date for purposes is Also can simply 24, 2024, and winners will seemingly be launched on July 22, 2024. Purposes can even be submitted at www.amazon.com/smallbusinessgrant.

Reflecting on the advantages of this system, the 2023 immense prize winner was GiftAMeal, an organization from St. Louis that donates a meal for every photo taken of a meal at a partner restaurant. With the $25,000 grant they got closing year, they expanded their service to more states, helping more folks in need.

Andrew Glantz, founder and CEO of GiftAMeal, shared, “The Amazon Substitute grant allowed us to continue to aid underrepresented communities and provide meals to of us that need it the most.”

Shelley Salomon, Vice President of Amazon Substitute Worldwide, highlighted the company’s focal point on helping tiny companies beget a massive affect of their communities. “We are very keen about using training and getting funds to tiny companies who’re making a difference in the neighborhood,” Salomon stated.

Besides financial toughen, Amazon has launched the Small Substitute Success Studio, a free on-line resource that affords tutorial instruments for entrepreneurs. This platform goals to aid tiny industrial owners learn very critical abilities in finance, marketing, procurement, and operations, which would be wanted for their development and sustainability.


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