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.
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