Verizon Small Business Recovery Fund

Verizon and The Local Initiatives Support Corporation

U.S. CITIzens and residents
Coming Soon

With an investment of $2.5 million from Verizon, The Local Initiatives Support Corporation is offering critical relief and resiliency-building support to small businesses facing immediate financial threat as a result of the COVID-19 pandemic.


  • One-time grants of up to $10,000
  • Funds can be used for rent and utilities, meeting payroll, paying outstanding debt to vendors, or other immediate operational costs
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  • Open to all businesses facing immediate financial pressure because of COVID-19—especially entrepreneurs of color, women-owned businesses and other enterprises in historically underserved communities who don’t have access to flexible, affordable capital
  • All awardees will have to certify that they are promoting the best interests of the community and are negatively impacted by the COVID-19 crisis
  • Nonprofit organizations are ineligible for this application

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  • Applicants may apply once for this round and for one business only
  • For business owners with multiple businesses, please complete this application based on your largest business owned 
  • Each grant is limited to one grant per individual and business tax ID. Awards will be made to qualified businesses, and eligibility is based on accurate and complete submission
  • Priority will be given to minority-, women-, and veteran-owned businesses

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Do you need help?

The organizations listed below are Axis Coalition Members and are ready to help you at no cost.


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