Amazon launches Small Business Month grant program

Amazon Business is launch a new grant program as part of its first Small Business Month event in September.

The Small Business Grant Program will provide over $250,000 in grants to a small number of growing businesses. To be eligible, businesses must be existing Amazon Business customers and have annual revenues of $1 million or less.

About Amazon’s Small Business Grant Program

Companies that create an Amazon Business account before the application deadline will also be eligible. Applications are available online on the Amazon Business site and the deadline is September 30.

One grand prize winner will receive a $25,000 grant, one year of Business Prime membership, a Ring Deluxe security kit, and Amazon Web Services credits and training. There will also be four finalists who will receive a $20,000 grant and these additional benefits from Amazon. And ten semi-finalists will receive grants of $15,000 and certain benefits. Amazon Business may also connect winners and runners-up with additional press and marketing opportunities.

Amazon partners with Entrepreneur.com to select the 15 semi-finalists. All semi-finalists will then be featured on Amazon Business, and business customers will be able to vote for the winners in that group. This voting period is scheduled for October 10-20. And Amazon Business will contact the winners by email and announce them publicly on October 25.

About Amazon Small Business Month

The Small Business Grant Program is part of a new Small Business Month initiative launched by Amazon Business. It also includes a series of events, educational activities, and offers on various tools and resources that can benefit small business owners.

Amazon’s Small Business Month officially kicked off on September 8 with the company’s Small Business Summit. The free virtual summit included actionable insights from successful entrepreneurs, authors, and Amazon Business executives.

Amazon is also offering Small Business Deals Week from September 12-18. This will include discounted price promotions on various tools and products exclusively for Amazon Business members. Some categories that should be discounted include PCs, office products, furniture, and appliances.

These initiatives are all part of Amazon Business’s larger goal of empowering small business users and educating entrepreneurs about their business membership options. Amazon Business accounts give organizations access to Prime delivery on select products, savings on bulk orders, and options to organize groups and various locations within your business.

Todd Heimes, Director of Small Business, Amazon Business, said in a statement, “Amazon Business is invested in the success of small business customers. As they grow, we grow, allowing us to increase selection, lower prices, and add additional features and benefits, all of which are important to small business owners. These entrepreneurs face unique challenges and circumstances, and we are here to be a partner in their continued success.

Although the Live Summit has passed, the content is still free and available to all entrepreneurs during Small Business Month. Simply register online to view the course materials. Those interested in the Amazon Small Business Grant program can create an Amazon Business account to access the application online by September 30.

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