By Kam Gomez - Nov 2023
In an exciting development for small businesses across the nation, Verizon has announced new grant funding opportunities as part of the Verizon Small Business Digital Ready program. From October 12 to December 20, 2023, small businesses have the chance to apply for grants totaling $500,000.
This funding initiative is a part of Verizon's commitment to support under-resourced small businesses, equipping them with the tools they need to thrive in the digital economy.
The application process for the grant is straightforward. Small businesses interested in securing this funding can begin by registering on the Verizon Small Business Digital Ready portal. To be eligible, businesses must complete at least two activities: courses, coaching, or participation in community events. This flexible approach allows businesses to tailor their engagement with the program based on their specific needs and priorities.
The $10,000 grant, a substantial financial boost for small enterprises, serves as an incentive for businesses to actively participate in the program. By completing the application, businesses not only position themselves for potential financial assistance but also gain access to a wealth of digital resources that can significantly enhance their operations.
Verizon Small Business Digital Ready is a collaboration between Verizon, Next Street, and Local Initiatives Support Corporation (LISC). This partnership aims to provide a comprehensive online resource that empowers small businesses. The program offers free access to over 40 online courses, personalized mentorship opportunities with industry experts, peer networking events, 1:1 expert coaching, and the chance to apply for grant funding.
According to a survey conducted among small business owners registered on the platform, an impressive 99% agreed that the courses provided by Small Business Digital Ready positively impacted their businesses. This underlines the practical and immediate benefits that businesses can derive from participating in the program.
To ensure a more personalized and engaging experience for users, Verizon Small Business Digital Ready has recently undergone updates. The platform now features new content formats, including short-form videos, articles, and audio clips. The fresh look and improved navigation provide small business owners with a clear path to the resources and tools that are most relevant to their needs.
The Digital Ready program covers a wide range of essential topics, including marketing strategy development, employee experience improvement, cybersecurity, and leveraging social media for growth. The free portal also grants access to expert mentorship, offering small business owners ongoing advice and support from experienced professionals. Spanish-language courses, 1:1 coaching, and community events further enhance the program's inclusivity and accessibility.
Rose Stuckey Kirk, Chief Corporate Social Responsibility Officer at Verizon, expressed pride in the program's impact, stating that since its launch in 2021, over 200,000 small business owners have been supported. The initiative aligns with Verizon's goal to assist 1 million small businesses by 2030, providing the resources necessary for success in the digital economy.
Verizon Small Business Digital Ready's grant opportunity is a beacon of hope for small businesses seeking financial assistance and digital empowerment. By combining valuable resources, expert mentorship, and the potential for substantial grants, this program exemplifies Verizon's commitment to fostering a thriving small business community. Small business owners are encouraged to seize this opportunity, register on the portal, and take the first steps toward unlocking the benefits of the Verizon Small Business Digital Ready program.