Global Citizen and PayPal have launched a new grant program aimed at supporting social change through small business. The program offers financial assistance to entrepreneurs seeking to improve their communities.
Announcement of the Grant Program
Global Citizen and PayPal announced the launch of the 'Global Citizen PayPal Small Business Impact Award,' aimed at supporting entrepreneurs using commerce for social and environmental progress worldwide.
$25,000 to Support Small Business
Each grant recipient will receive $25,000 along with access to business resources and expert support. The program focuses on fostering business growth without impacting cryptocurrency markets.
Previous PayPal Initiatives
Previously, PayPal and Global Citizen launched similar initiatives focusing on business resilience and social entrepreneurship, emphasizing financial and community support.
This initiative underscores PayPal's commitment to supporting small businesses and social changes at the local level, highlighting the importance of such programs in community development.