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eBay Launches 5th Annual Up & Running Grants Program, Awarding $500,000 to Small Businesses
Testimonials from Previous Recipients:
- Purse-N-All Style (2022): “You gave us hope (and revenue) in a time that we needed it most. I was able, this year, to hire a teammate and put $20K in inventory for the first time. You gave me a real hand-up. Thank you!”
- Easetrade LLC (2023): “Over the past year, we've experienced a staggering 405% increase in our operations and reach. A milestone we only dreamed of achieving so quickly. This remarkable expansion has been significantly propelled by the eBay Up & Running Grant.”
Today, eBay is launching its 5th annual Up & Running Grants program -- a series of annual grants that reward 50 U.S. eBay sellers with tools and resources to grow their small businesses. In addition to a $10,000 reward, eBay is offering recipients a stipend worth $500 each, which sellers can use to equip themselves with essential office technology from eBay Refurbished and continued education support.
Now in its 5th year, eBay’s Up & Running Grants program demonstrates the company’s ongoing commitment to entrepreneurial success on its platform. With the grants, small businesses are able to invest in physical and digital store improvements, new equipment and inventory, hiring, training, marketing and more. A survey of last year’s awardees reveals that 90% found the grant extremely or very helpful, and 90% also felt more confident about the future of their businesses. Further, 10% of recipients say they leveraged the funds to increase employee wages.
“Since eBay’s inception nearly 30 years ago, supporting our sellers and their business growth has always been a central priority. We are constantly looking for ways to ensure that entrepreneurs on our marketplace have the capital, resources and community they need, in order to truly thrive,” said Dawn Block, VP, U.S. General Manager at eBay. “That is why we created the Up & Running Grants program in 2020, and today, we are proud to continue this effort as an ongoing investment in every seller’s success.”
eBay is partnering with Hello Alice, a free, multichannel platform that helps businesses launch and grow, to administer the grants program and provide access to mentorship and resources to all sellers who apply, whether they ultimately receive a grant or not.
Apply for an Up & Running Grant
Now through Friday, June 7, 2024 at 6pm ET, eBay small business sellers in the U.S. are encouraged to apply for an Up & Running Grant. Sellers will be asked to share details of their small business and how they plan to use the grant to accelerate their growth. eBay is looking to identify sellers who represent a diverse range of backgrounds, bring their unique experiences and inventory to the marketplace, and are committed to their communities and the eBay ecosystem. To apply or learn more about eligibility requirements, sellers can visit ebay.helloalice.com.
