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Venmo Offers Grants to Small Businesses

Recipients can use the grants to grow their businesses in several ways

Recently, PayPal Holdings announced the second Venmo Small Business Grant, a program for small and emerging businesses "providing financial grants and mentorship for 20 Venmo business profile customers."

The selected businesses will each "receive $10,000 for expenses, such as rent, or to help digitize and promote their businesses."

In addition to providing a financial grant, the Venmo Small Business Grant program provides recipients "with access to technical expertise and mentorship on topics such as legal services, financial analysis, digital marketing and more." These resources are provided in partnership with Start Small Think Big, along "with skilled PayPal and Venmo employees who will provide mentoring, coaching and pro bono services.”

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