99.7% of employers in the United States are small businesses. Throughout the course of the pandemic we have seen amazing resolve to keep small businesses open. While it is debatable how many people this disease will do irreparable harm to, the economic harm will be felt for a longtime as well. Today, we filed a nonprofit foundation with the goal of giving entirely no-interest loans and grants to help preserve small businesses who meet our rigorous guidelines to prove that the funds will be used to keep a business open, that they will remain solvent, and that they have employees whose livelihoods will be saved by these funds. The fund has to go through all the oversight of the IRS and give all the money to fund charitable ventures that meet the foundations purpose.
We will adjust grants based on how much we raise. While "we are all in this together" has become the mantra of 2020, nowhere is that more prevalent than in the knowledge our government has failed to help us. It is up to us to preserve small businesses, the very backbone of America.
- Emma Angle
- Zach Walters
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