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Amazon Enterprise has launched its second annual Small Enterprise Month by saying the 2023 Small Enterprise Grants, geared toward fostering innovation and supporting small companies that make a optimistic impression of their communities. The corporate additionally launched a ballot highlighting the optimism and resilience of small-business decision-makers regardless of financial challenges.
The ballot revealed that the highest challenges for small companies are excessive inflation (63%), financial recession (39%), and provide chain disruptions (30%). Nonetheless, 55% of respondents expressed extra hope for his or her enterprise’s success than they did a 12 months in the past. To drive future progress, small companies are specializing in streamlining their buying processes and decreasing prices, with 91% figuring out the flexibility to search out inexpensive objects, 88% emphasizing ease of finding objects, and 90% highlighting the comfort of buying as key elements in long-term progress.
Todd Heimes, director of Amazon Enterprise Worldwide, acknowledged that Amazon Enterprise gives small companies the choice and comfort of Amazon, together with instruments that assist them make knowledgeable shopping for selections, automate procurement, and lower your expenses by means of enterprise pricing.
To additional assist small companies, Amazon Enterprise has launched the Small Enterprise Grants program, providing over $250,000 in grants to eligible small companies within the U.S. with annual revenues of $1 million or much less. Grant functions are due by Might 21, with winners to be introduced on July 17. Prizes embody financial grants, Enterprise Prime memberships, choose Amazon gadgets, and extra.
Digital X Kitchen, a 2022 grant finalist, obtained $20,000 to develop its sustainable restaurant mannequin for city areas, maximizing kitchen house for a number of house owners and using new know-how to streamline the ordering course of. The grant cash was used for branding initiatives to extend firm consciousness.
Amazon Enterprise is dedicated to supporting small companies by offering training, grants, and instruments that assist them overcome challenges and deal with their mission and clients. The Small Enterprise Grants program underscores the significance of small companies within the financial system and demonstrates the corporate’s dedication to their success.
For extra info on the Amazon Small Enterprise Grants and to use, go to the Amazon Small Business Grants page.
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