Uber and Visa Announce Grants for Growth Program, Providing $ 1 Million in Grants and Resources to Support Small Businesses

“We know this has been a trying year for many and that independent companies continue to face significant business challenges. From natural disasters to the impact of the COVID-19 pandemic, Uber and Visa are committed to supporting SMEs, especially during unexpected events. , when they need us most, “said Sarfraz Marédia, vice president of delivery in the United States and Canada at Uber.

Restaurants active on Uber Eats since January 1, 2022 in Atlanta, Chicago, Los Angeles, Washington DC, Miami, Detroit, the New York Metro/New Jersey region, the San Francisco Bay Area, Philadelphia cream, and Boston are eligible for the program. Grant recipients will be independently selected by LISC, using criteria to give preference to veteran, minority, female, and LGBTQIA + business owners. For a full list of eligibility criteria, visit lisc.org/uber.

“Independent restaurants are a vital and vibrant part of their communities, and the pandemic continues to affect far too many of them,” said Mary ann reilly, Senior Vice President and Chief Marketing Officer for North America, Visa. “Together with Uber, we’re proud to help give merchants the support and funding they need, now.”

“The Hispanic Chamber of Commerce of the United States congratulates our partners at Visa and Uber on the launch of this important grant program. Small businesses, especially minority-owned businesses, continue to struggle to survive during this pandemic and are struggling to overcome new challenges, ”said Ramiro A. Cavazos, President and CEO, USHCC. “As small businesses reopen their doors and consider recovering, they need access to capital, resources and tools more than ever. This program comes at the perfect time. “

Through Grants for Growth, 100 traders will receive grants from $ 10,000, which can be used for immediate needs such as payroll, payment of unpaid debts to vendors, upgrading of payment technology infrastructure, and other immediate operational costs. In addition to financial support, selected merchants will receive placement in the Uber Eats app and disaster recovery and resilience guides from Uber and LISC. Traders interested in applying to the Grants for Growth program can apply to lisc.org/uber from January 17-24, 2022.

Additional details on eligibility and the Grants for Growth program are also available at lisc.org/uber.

About Uber
Uber’s mission is to create opportunity through movement. We started in 2010 to solve a simple problem: How do you get to a ride with the push of a button? Over 15 billion trips later, we’re creating products to bring people closer to where they want to be. By changing the way people, food, and things move in cities, Uber is a platform that opens the world to new possibilities.

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About Visa inc.
Visa (NYSE: V) is a global leader in digital payments, facilitating more than 215 billion payment transactions annually between consumers, merchants, financial institutions and government entities in more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payment network enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere, and see access as fundamental to the future of the money movement. Learn more at Visa.com.

Media contact
Kryssa Guntrum
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About LISC
LISC is one of the nation’s largest community development organizations, helping to forge vibrant and resilient communities across America. We work with residents and partners to close systemic gaps in health, wealth and opportunity and advance racial equity so that people and places can thrive. Since its creation in 1979, LISC has invested $ 24 billion to create more than 436,320 affordable homes and apartments and develop 74.4 million square feet of commercial, community and educational space. To learn more, visit www.lisc.org.

Media contact
Colleen Mulcahy
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