American Express Co. (NYSE: AXP) will be giving out 75 grants of $5,000 each as part of its “Services That Back Us” grant program to support small businesses in the personal services industry.
The grant is the latest in a series of private-sector grant projects for small businesses as federal Covid-19 relief programs have largely dried up and questions remain if more government programs will launch to assist businesses that are still struggling from challenges associated with the pandemic.
The American Express grants, in partnership with Main Street America, can be used for physical and digital improvements, new equipment, technology and training to support the recovery and growth of the business.
Read the full story at Dallas Business Journal.
