Lowe’s Starts Accepting Pandemic Minority Small Business Grant Applications

Lowe’s Companies, Inc. opened its inaugural phase of grant applications to offer relief to minority-owned businesses as part of its $25 million commitment announced in the past. The effort comes at a time when small companies work to stay in business and pay their workers amid the economic damage that the coronavirus caused, according to an announcement. Lowe’s said its contribution will back emergency grants in areas that have been traditionally underserved in addition to other forms of help to assist those who own companies work through hurdles during the health crisis. Lowe’s President and CEO Marvin R. Ellison said in the announcement, “Lowe’s has been committed to helping minority small business owners — the very backbone of our economy — rebound from the COVID-19 pandemic’s devastating impact.” Ellison continued, “Helping people make their homes better extends beyond our walls and into our neighborhoods, communities and country.”