![]() The grants are designed to help business owners fill urgent financial gaps - from paying rent to meeting payroll - until they can resume normal operations or other financing becomes available. Applications will be reviewed and then entered into a lottery. LISC will launch an online process for small businesses to submit applications for grants. LISC will use the funds to provide grants of up to $10,000 to businesses facing immediate financial pressure because of Covid-19, especially entrepreneurs of color, women-owned businesses and other enterprises that don’t have access to flexible, affordable capital in historically underserved communities. As consumers engage, Verizon will unlock an additional $2.5 million in funds, bringing the total donation to a potential $5 million. Over the course of the series, all viewers who tune in will be encouraged to tag their favorite local businesses and make a purchase in advance for when the crisis is over and the businesses reopen. Understanding the toll of small businesses closing their doors to help fight the spread of the Covid-19 virus, Verizon will donate $2.5 million to Local Initiatives Support Corporation ( LISC), a national nonprofit that has invested $20 billion to fuel economic opportunity for people and communities across America. Pay it Forward Live will give all Americans an opportunity to help their favorite small businesses survive this unprecedented hardship.” “These companies provide employment opportunities, goods, services, and gathering places that are the soul of local communities. “Small businesses are being impacted in extraordinary ways as we all fight against the spread of Covid-19,” said Hans Vestberg, Chairman and CEO, Verizon. Additional artists and partners will be announced at a later date. ET on Twitter and on Yahoo Entertainment. The concerts will stream live at 8:00 p.m. The 30-minute performances, where artists will create intimate concerts from their homes, will give viewers a way to connect during this time of social distancing and a way to support their favorite small businesses now. ET with a performance from Dave Matthews. The weekly series will debut on Thursday, March 26, at 8:00 p.m. Verizon kicks off Pay It Forward Live entertainment series to support small businesses through the COVID-19 crisis with performance by Dave Matthews on Thursday, March 26īasking Ridge, NJ - Verizon today announced the launch of Pay it Forward Live, a weekly streaming entertainment series that will include music, gaming, comedy and more in support of small businesses affected by Covid-19. Monte Beck leads Verizon's small business team that offers a broad range of products and services to support small businesses.The biggest names in entertainment are helping the smallest names in business I'll look forward to your comments, questions and feedback. Here's to some great conversation in the months ahead. This contest is just one more way for us to talk with small business entrepreneurs and help you stay ahead of the competition. I hope you'll enter this video contest at for the chance to win up to $2,000 in a reward card and a free consultation with business-marketing expert Guy Kawasaki, a renowned blogger, speaker and best-selling author of "The Art of the Start" and "Reality Check." You can also enter the sweepstakes for a chance to win a Flip Mino HD Camcorder. In conjunction with the launch of this blog, Verizon and Cisco are pleased to introduce small businesses across the country to The Better Way Challenge. To get a taste of what the collaboration center offers you can use it free for 30 days. ![]() The site includes the Verizon Collaboration Center and features a collection of valuable applications, hosted services, news and resources, and a platform for small businesses to network. If you haven't yet visited the Verizon Small Business Center check it out at We designed the Verizon Small Business Center as a one-stop digital tool to help business owners increase productivity and better compete in the marketplace. With this blog, I hope to stimulate two-way dialogue on top of what is already taking place through our 'Professional Networking' platform at the Verizon Small Business Center. Additionally, at this blog you can also read and learn about the success stories of other small businesses and how they are doing. I encourage you to post your thoughts and questions about the challenges you face in the marketplace. Through this blog several members of the small business team will provide news and information relevant to your business. Welcome to Verizon's new small business blog.
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