Amazon has two-pronged response to Seattle coronavirus outbreak
Amazon is creating a $5 million Neighborhood Small Business Relief Fund to provide cash grants to small businesses in Seattle that need assistance dealing with the impact of COVID-19. The fund is intended for businesses with fewer than 50 employees or less than $7 million in annual revenue, and with a physical presence within a few blocks of Amazon’s Regrade and South Lake Union office buildings. The businesses must also be open to the general public and reliant on foot traffic for customers.
The small businesses within the designated neighborhoods will be eligible to apply for grants so they can continue to retain and pay their employees, stay current on rent and cover other fixed costs related to their operations. Amazon will work with a third-party to administer grant applications and distribute funds. The plan is for applications to be reviewed during the second half of March and funds to be disbursed in April.
Chain Storeage
Related news
Amazon is expanding and accelerating Same-Day Delivery across Europe
Year-on-year, more Prime members are choosing Same-Day Delivery for their…
Read more >Amazon’s quarterly profit jumps and revenue increases
E-commerce giant Amazon reported better-than-expected first-quarter earnings and revenue. The…
Read more >Amazon hits back: responds to US tariff hike by canceling Chinese orders
A new chapter in the trade war in e-commerce –…
Read more >Related news
Profitability of trade is decreasing – the government is opening up substantial resources
On May 28, Laurel Számítástechnikai Kft. held its 12th Retail…
Read more >The MVM Dome was filled with 5,500 beauty fans
The 4th Rossmann x Krémmánia Beauty Expo, held at the…
Read more >The III. REL Organizers’ Day ended successfully
Hungary is at the forefront of supporting short supply chains…
Read more >