Amazon provides educational resource, grants to business customers
Amazon is stepping up the assistance it offers users of its Amazon Business business-to-business procurement store.
The e-tail giant is kicking off its third annual Small Business Month with the launch of a new interactive new online resource center called Small Business Success Studio. The studio provides small businesses with free online educational tools and resources designed to help them start, run, and grow their business.
As part of Small Business Month, Amazon Business also launched the 2024 Small Business Grants program that gives eligible small businesses in the U.S. the chance to win over $250,000 in monetary grants.
Introduced on May 1, 2024, the Small Business Success Studio is an on-demand, immersive online educational resource for entrepreneurs provided by Amazon Business at no cost. The offering includes content on finance, marketing, procurement, and operations, as well as real success stories and practical tips from founders.
Small Business Grants Program
To further support the growth of small businesses, Amazon Business launched the 2024 Small Business Grants program. This year, Amazon Business is giving eligible small businesses in the U.S. the chance to win more than $250,000 in grants, with one grand prize winner, four finalists, and 10 semi-finalists.
Existing Amazon Business customers with an annual revenue of $1 million or less can apply for the grant. Grant recipients will receive one year of free Business Prime membership, Amazon devices, and Amazon Basics private label products. Applications are due by May 24, 2024 and winners will be announced on July 22, 2024.
“Driving education and getting funds to small businesses who are driving impact in their local communities is something we’re very passionate about at Amazon Business,” said Shelley Salomon, VP of Amazon Business Worldwide. “Setting these small businesses up for success, whether through grants, educational opportunities, or the innovative tools Amazon Business offers to simplify buying decisions, our hope is to help free up some time and resources so they can focus on their mission.”
Amazon Business has more than 6 million business customers, ranging from sole proprietors to multinational enterprises. Features and benefits include a curated site experience, Business Prime, business-only pricing and selection, single or multi-user business accounts, approvals workflow, purchasing system integrations, payment solutions, tax exemptions, and dedicated customer support. Amazon Business is available in the U.S., Canada, Mexico, the United Kingdom, Germany, France, Italy, Spain, Japan and India.