50 U.S. eBay small business sellers will
receive a $10,000 grant to invest in
their small business, plus technology to fuel their growth
SAN
JOSE, Calif., April 27,
2023 /PRNewswire/ -- Today, eBay launches its 2023 Up
& Running program—a series of annual grants that reward
promising eBay small business sellers and give them the tools they
need to bring their businesses to the next level. Supporting
entrepreneurialism is in eBay's DNA, and these grants further the
success of small businesses with resources for physical and digital
store improvements, new equipment and inventory, hiring, training
and marketing.
This year, eBay has added to the grant an additional stipend
worth $500 that each Up & Running
Grant recipient can use to equip themselves with essential office
technology and tools from eBay Refurbished.
Between 2020-2023, eBay has committed more than $2 million to encourage and support U.S. small
businesses in their journey to scale, grow and thrive. A survey of
eBay's Up & Running Grants awardees since 2020 revealed that
91% of recipients found the grant extremely or very helpful for
their businesses. Additionally, 41% reported a definitive increase
in business revenue following receipt of the grant.
"For 28 years, eBay has fostered entrepreneurialism by giving
people a platform to launch and grow small businesses," said
Adam Ireland, VP & U.S. General
Manager at eBay. "Supporting sellers is at the core of our
marketplace, and the capital, community and business tools that
make up our Up & Running Grants represent another layer of
eBay's investment and commitment to every seller's success."
For the fourth year, eBay is partnering with Hello Alice, a
free, multichannel platform that helps businesses launch and grow,
to administer the grants program and provide access to mentorship
and resources to all sellers who apply, whether they ultimately
receive a grant or not.
"eBay's Up & Running Grants program has made a tremendous
impact on small business owners across the U.S. over the past few
years," said Elizabeth Gore,
co-founder and President at Hello Alice. "At Hello Alice, we have a
mission of helping small businesses receive access to capital and
resources that help them grow, which are especially necessary
within today's challenging economic climate. We're excited about
the launch of this year's grant program and the additional business
and technology tools that will help small business owner recipients
succeed."
Apply for an Up & Running Grant
Now through
Friday, June 9, 2023 at 6pm (EST), eBay small business sellers in the US
are encouraged to apply for Up & Running Grants. Business
sellers will be asked to share details of their small business and
how they plan to use the grant to accelerate their growth. eBay is
looking to identify sellers who represent a diverse range of
backgrounds, bring their unique experiences and inventory to the
marketplace, and are committed to their communities and the eBay
ecosystem.
To apply or learn more about eligibility requirements, sellers
can visit ebay.helloalice.com.
About eBay
eBay Inc. (Nasdaq: EBAY) is a global
commerce leader that connects millions of buyers and sellers in
more than 190 markets around the world. We exist to enable economic
opportunity for individuals, entrepreneurs, businesses and
organizations of all sizes. Founded in 1995 in San Jose, California, eBay is one of the
world's largest and most vibrant marketplaces for discovering great
value and unique selection. In 2022, eBay enabled nearly
$74 billion of gross merchandise
volume. For more information about the company and its global
portfolio of online brands, visit www.ebayinc.com.
About Hello Alice
Hello Alice, a fintech providing
credit, loans and grants, is a free platform serving more than one
million small business owners across the
United States. Committed to equitable access to capital for
the New Majority — women, people of color, members of the LGBTQ+
community, veterans, and entrepreneurs with disabilities, Hello
Alice offers funding, education, tools, and curated opportunities.
Working with enterprise business services, ecosystem partners,
affiliates, and government agencies, Hello Alice provides its
growing community with everything they need to grow their
businesses. Hello Alice serves a diverse community of business
owners across the country. Approximately 68% of owners are BIPOC,
63% are female, and 17% are military-affiliated. For small business
owners interested in joining the Hello Alice community, they can
sign up for free at www.helloalice.com. To learn more, visit
www.helloalice.com, as well as Twitter, LinkedIn, Instagram and
Facebook.
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SOURCE eBay Inc.