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Uber and Visa Provide $1 Million in Grants and Resources to Support Small Businesses

von PR Newswire | Aufrufe: 72

PR Newswire

SAN FRANCISCO, Sept. 29, 2022 /PRNewswire/ -- Uber (NYSE:UBER) and Visa (NYSE:V) today announced the recipients of Grants for Growth, a program that provided $1 million in grant funding to small businesses in 10 U.S. cities that are currently active on Uber Eats. The program was administered by Local Initiatives Support Corporation (LISC). Focused on restaurant recovery and entrepreneurship, the program was created earlier this year as a way to support merchants when they need it most, particularly as they recover from the pandemic.

"Uber

Through Grants for Growth, 100 merchants received grants of $10,000, which can be used toward immediate needs such as payroll, paying outstanding debt to vendors, upgrading payment technology infrastructure, and other immediate operational costs. In addition to financial support, selected merchants received disaster recovery and resiliency guides from Uber and LISC.

About Uber
Uber's mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 15 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.

About Visa Inc.
Visa (NYSE: V) is a world leader in digital payments, facilitating payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

About LISC
LISC is one the country's largest community development organizations, helping forge vibrant, resilient communities across America. We work with residents and partners to close systemic gaps in health, wealth and opportunity and advance racial equity so that people and places can thrive. Since our founding in 1979, LISC has invested $26.7 billion to create more than 436,000 affordable homes and apartments, develop 78.5 million square feet of retail, community and educational space, and help tens of thousands of people find employment and improve their finances. For more, visit www.lisc.org.

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Kurse:
Uber Technolo.
+1,45%
28,75 $  

Visa
+0,30%
217,66 $