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Facebook will donate $ 100 million to help small businesses

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Inside The F8 Facebook Developers Conference
Mark Zuckerberg, chief executive officer of Facebook Inc., speaks during the Facebook F8 Developers Conference in San Francisco, California, U.S., on Wednesday, March 25, 2015. Facebook Inc. is opening up its Messenger chat application, letting developers create software for people to add photos, videos and other enhancements to their online conversations. Photographer: David Paul Morris/Bloomberg via Getty Images

Facebook announced that it plans to make an investment of $ 100 million in 30,000 small businesses. This amount will be distributed to 30 different countries. The goal is to help small businesses survive the Coronavirus epidemic.

In this way, the money will be allocated in the form of direct donations and credits for advertisements on the social network. With these values, small businesses will be able to stay active, pay their employees and continue to provide products for their customers, even when they are at home.

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Facebook will start to apply these measures over the next few weeks. Businesses that are interested in potentially benefiting from this offer can register on the Facebook website, under the business tab.

Facebook’s chief operating officer, Sheryl Sandberg, says that the longer the crisis continues, the greater the impact on small businesses and companies. This is because they do not have the same resources as a large company.

Facebook is doing what it can to fight the Coronavirus

In addition to these significant donations, Facebook has been fighting disinformation in its social network, in recent months. In this way ads that promote cures or sensational information about the Coronavirus will be removed, either by personal publications, pages or within groups.

Google is applying similar measures, not allowing the promotion of ads that try to take advantage of people’s panic and fear. An example of this is the sale of surgical masks and gloves, where some websites took the opportunity to start selling these items at inflated prices.

At this difficult time, all companies are doing what they can to contain the situation, especially in the United States.

Shivam Singh
Founder of the TechGrits, has always looked at technology as a piece of knots. From an early age connected to the technological world, this is literally your dream job.

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