eBay has introduced the launch of its 2023 Up & Operating program, aimed toward offering annual grants and important know-how to promising small enterprise sellers on the platform. This initiative is designed to assist entrepreneurs elevate their companies with assets for retailer enhancements, new tools and stock, hiring, coaching, and advertising and marketing.

This 12 months, eBay will award 50 U.S. small enterprise sellers with a $10,000 grant every. Moreover, every grant recipient will obtain a $500 stipend to buy important workplace know-how and instruments from eBay Refurbished. eBay’s dedication to supporting U.S. small companies has totaled greater than $2 million between 2020-2023.

A survey of eBay’s Up & Operating Grants awardees from 2020 revealed that 91% discovered the grant extraordinarily or very useful for his or her companies, whereas 41% reported a definitive improve in enterprise income after receiving the grant.

Adam Eire, VP & U.S. Basic Supervisor at eBay, said that supporting sellers lies on the coronary heart of eBay’s market, and the Up & Operating Grants program is a part of the corporate’s ongoing funding and dedication to vendor success.

For the fourth 12 months, eBay has partnered with Good day Alice, a free platform that assists companies in launching and rising, to manage the grants program. Good day Alice will even present entry to mentorship and assets for all sellers who apply, no matter whether or not they obtain a grant or not.

Elizabeth Gore, co-founder and President at Good day Alice, expressed pleasure about this 12 months’s grant program and the extra assets supplied to assist small enterprise house owners succeed. “eBay’s Up & Operating Grants program has made an incredible influence on small enterprise house owners throughout the U.S. over the previous few years,” stated Gore.

Small enterprise sellers within the U.S. can apply for an Up & Operating Grant now via Friday, June 9, 2023, at 6 pm (EST). To use or study extra about eligibility necessities, go to ebay.helloalice.com. This initiative affords small enterprise house owners a possibility to increase their enterprises, contribute to the eBay group, and bolster their monetary success.

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