The annual Amazon Small Business Grant program offers free grants to small businesses that have an Amazon Business account and $1 million or less in annual revenue. The program offers grants to 15 businesses, ranging in amounts from $15,000 to $25,000.
Winners can also receive a one-year membership to Business Prime and free products from eero Wifi and Kindle Scribe. Applications for the latest round of funding closed in May. Recipients will be announced in late July.
Amazon Business is awarding over $250,000 in monetary grants and prizes to support the growth of 15 small businesses. Existing Amazon Business small business customers based in the US with annual revenue of $1 million or less applied for a grant from May 1–May 24. Amazon Business collaborated with Entrepreneur.com to shortlist 15 small businesses making an impact in their communities.
The grand prize winner will receive a $25,000 grant. Four finalists will receive a $20,000 grant. Ten semifinalists will receive a $15,000 grant. Prizes include a 1-year Business Prime membership Small or Essentials plan dependent on account user account, Amazon Devices Bundle including eero wifi router, Ring alarm security kit, Kindle Scribe with premium pen and Echo Show 8 along with Amazon Basics office supplies. The grand prize recipient and 4 finalists will also receive a free one-hour consultation with the Amazon Business team.
Source: Amazon