GoFundMe has launched the Coronavirus Small Business Relief Initiative to support local businesses facing financial loss from the COVID-19 pandemic. If you own a small business, search your business and claim your fundraiser. Start a fundraiser if you can’t find an existing GoFundMe for your business.
A statement from GoFundMe:
The COVID-19 pandemic has forced millions of businesses across the globe to close their doors. These precautionary closures have left individuals and businesses scrambling to cover lost income, secure health insurance, pay existing bills, and more. According to the JP Morgan Chase Institute, the average company with 500 employees has less than a month of cash on hand, and now these small businesses are facing severe economic hardship for the foreseeable future.
Thankfully, we can all do something to help small businesses affected by coronavirus. Through crowdfunding, you have the power to make an immediate difference for a local restaurant, bar, or favorite boutique. Start a fundraiser for a business you know and love, or support one of the many struggling businesses with a monetary donation to one of the above fundraisers. With a little encouragement and support from community members, small businesses can survive the coronavirus crisis and continue to thrive long after.