eBay Awards $500,000 in Grants to Boost Small Business Seller Success

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eBay has announced the launch of its 2023 Up & Running program, aimed toward providing annual grants and essential technology to promising small business sellers on the platform. This initiative is designed to assist entrepreneurs elevate their businesses with resources for store improvements, recent equipment and inventory, hiring, training, and marketing.

This 12 months, eBay will award 50 U.S. small business sellers with a $10,000 grant each. Moreover, each grant recipient will receive a $500 stipend to buy essential office technology and tools from eBay Refurbished. eBay’s commitment to supporting U.S. small businesses has totaled greater than $2 million between 2020-2023.

A survey of eBay’s Up & Running Grants awardees from 2020 revealed that 91% found the grant extremely or very helpful for his or her businesses, while 41% reported a definitive increase in business revenue after receiving the grant.

Adam Ireland, VP & U.S. General Manager at eBay, stated that supporting sellers lies at the guts of eBay’s marketplace, and the Up & Running Grants program is a component of the corporate’s ongoing investment and commitment to seller success.

For the fourth 12 months, eBay has partnered with Hello Alice, a free platform that assists businesses in launching and growing, to manage the grants program. Hello Alice may also provide access to mentorship and resources for all sellers who apply, no matter whether or not they receive a grant or not.

Elizabeth Gore, co-founder and President at Hello Alice, expressed excitement about this 12 months’s grant program and the extra resources provided to assist small business owners succeed. “eBay’s Up & Running Grants program has made an incredible impact on small business owners across the U.S. over the past few years,” said Gore.

Small business sellers within the U.S. can apply for an Up & Running Grant now through Friday, June 9, 2023, at 6 pm (EST). To use or learn more about eligibility requirements, visit ebay.helloalice.com. This initiative offers small business owners a possibility to expand their enterprises, contribute to the eBay community, and bolster their financial success.

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