Economic aid for cash and advertising loans is distributed to more than 800 SMEs.
3 min read
The health emergency sparked by the COVID-19 pandemic resulted in several commercial disruptions to the winds of small and medium-sized enterprises (SMEs) in Mexico and the world. Facebook stands in solidarity with them and announces it will provide 36 million pesos in support to help 800 Mexican companies.
This initiative is part of the stimulus package announced in March last year, in which the social network pledged $ 100 million in cash and promotional loans to support 30,000 companies in 30 countries. Latin America has been allocated $ 6.3 million to benefit more than 3,000 SMEs in Argentina, Brazil, Colombia and Mexico.
The goal of this incentive, according to the social network, is to help you take care of your employees, bear the costs and rent of your business, and enable you to connect with more customers.
Who can ask for assistance?
To be selected to receive the support of Facebook Mexico you must meet the following requirements:
- Have between 2 and 50 employees
- Have more than a year in business
- Suffered difficulties from COVID-19
- That your company is in Mexico
- Register for the program between Monday 10th and Sunday 16th August.
Interested companies in the metropolitan region of Mexico City can apply at fb.me/apoyofacebook. The total amount each business receives is a combination of cash incentives and promotional credits. Impact Hub, an entrepreneur support platform, will be responsible for managing this call.
Commitment to small and medium-sized businesses
“The pandemic has posed enormous challenges for many small and medium-sized businesses around the world. These are a key part of the economy in Mexico and the rest of Latin America. This is why Facebook believes it is so important to support them,” the company said in one Release.
Since the beginning of contingency, the platform has helped people access reliable information and small businesses with the resources and tools to keep in touch and operate with their customers.
In the past few months, Facebook has unveiled various initiatives, such as the Business Resource Center, which offers free training to help business owners stay afloat during the temporary shutdown of economies. It also launched the first online edition of Impulsa with Facebook, a program designed to help business owners develop digital skills, and announced Facebook stores that make it easier for businesses to have a single online catalog on Facebook and Instagram. in addition to digital gift cards from Facebook.
For more information on resources and programs for small and medium-sized businesses, please visit: facebook.com/resource