A focus is on veteran, minority, and female owned companies. In July, Lowe's doubled its contribution to coronavirus pandemic aid. Lowe's announced Wednesday that it would assist minority-owned businesses with $25 million in grants to support efforts to relaunch the American economy.. Lowe's is … Lowe’s To Assist Minority-owned Businesses With $25 Million In Grants by Derek Major May 22, 2020 37452 Lowe's CEO Marvin Ellison stands with Lowe's workers. Lowe’s is offering grants of up to $20,000 for minority & female-owned small businesses in the United States. To register your business to obtain a DUNS number so that your application can be tracked. Forty percent are in distressed locations, and nearly half have been in business for more than 10 years. With residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families. Since 1979, LISC has invested $22 billion to build or rehab more than 419,000 affordable homes and apartments and develop 70.3 million square feet of retail, community and educational space. Resource: Small Business Grants. Next register with SAM. The reality is that the opportunity to help and give back was omnipresent, and Lowe’s had no shortage of initiatives they could take. As thousands of small businesses struggle to keep their doors open and their employees paid amid economic devastation caused by the COVID-19 pandemic, Lowe’s Companies, Inc. (NYSE: LOW) recently opened its first round of grant applications in its previously announced $25 million … The Lowes Charitable and Educational Foundation primarily focuses it's giving on K-12 public/charter education and community development projects. Shop Savings Services Ideas. A lot of this funding is specifically available for minorities, which may include women, people with ethnic backgrounds, those with disabilities, and many more who want to start a business. Pre-schools are not eligible. "Helping people make their homes better extends beyond our walls and into our neighborhoods, communities and country," said Lowe's President and CEO Marvin R. Ellison "We're proud these grants will help minority- and women-led small businesses, many of which have been disproportionately impacted by the pandemic. "Our country's small businesses are the backbones of rural and urban communities," Jones said. About Lowe's Lowe's and the Gable Mansard Design are registered trademarks of LF, LLC. Thanks to support from a variety of funders, LISC’s Small Business Relief Grant program has provided over 3,000 entrepreneurs with grants totaling over $48 million during the Covid-19 pandemic to help them stay in business and continue to contribute to their local economies. "With it, we can help rural business owners sustain operations and protect jobs during the current crisis, while at the same time investing in sustainable growth throughout small towns, agricultural communities and coal country. According to CNBC, the grants are an effort to help small businesses, especially home improvement professionals that need masks, personal protective equipment, and other supplies to operate safely. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. As thousands of small businesses struggle to keep their doors open and their employees paid amid economic devastation caused by the COVID-19 pandemic, Lowe’s Companies, Inc. on June 11, 2020, opened its first round of grant applications in its previously announced $25 million commitment to provide much-needed relief to minority-owned businesses. 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