The program, focused on restaurant recovery and entrepreneurship, was created to support merchants in need amid challenging pandemic and economic circumstances and will be available to restaurants in northern New Jersey.
It will be administered by Local Initiatives Support Corp.
“We know that this year has been trying for many and that independently-owned businesses continue to face significant business challenges. From natural disasters to the impact of the COVID-19 pandemic, Uber and Visa are committed to supporting SMBs, especially through unexpected events, when they may need us most,” said Sarfraz Maredia, vice president of US and Canada Delivery at Uber.
Restaurants active on Uber Eats since Jan. 1 in the New York City metropolitan area, including northern New Jersey, along with in Atlanta, Chicago, Los Angeles, Washington, D.C., Miami, Detroit, the San Francisco Bay area, Philadelphia, and Boston are eligible to apply for the program.
Grant recipients will be selected by LISC, using criteria to give preference to veteran, minority, women, and LGBTQIA+ business owners.
“Independent restaurants are a vital and vibrant part of their communities, and the pandemic continues to impact far too many of them,” said Mary Ann Reilly, senior vice president and head of North America marketing at Visa. “Together with Uber, we’re proud to help give merchants the support and funding they need, now.”
Through the program, 100 merchants will receive grants of $10,000 to use toward needs such as payroll, paying outstanding debt to vendors, upgrading payment technology infrastructure, and other immediate operational costs.
Merchants will receive placement in the Uber Eats app and disaster recovery and resiliency guides from Uber and LISC.
Applications for the program are open from Jan. 17 to Jan. 24. Merchants interested in applying can find more info online.[/vc_column_text][/vc_column][/vc_row]
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