STOCK TITAN

eBay Announces Fifth Annual Up & Running Grants Recipients

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

eBay has announced the recipients of its fifth annual Up & Running Grants program, awarding $500,000 and technology stipends to 50 U.S. sellers. Each selected seller will receive $10,000, along with training and mentorship to help grow their businesses. Additionally, finalists will get a $500 stipend for essential business technology from eBay Refurbished.

The program received over 18,000 submissions, its largest and most diverse pool to date, with a 19% increase in early-stage entrepreneurs compared to last year. This emphasizes eBay's commitment to supporting small businesses and entrepreneurship. The grants cover various business categories, including collectibles, auto parts, sneakers, and electronics.

Since its establishment in 2020, the Up & Running Grants program has been part of eBay's mission to create economic opportunity and invest in small business growth. The company reports a 162% increase in grant applications this year, highlighting the program's growing importance for small business sellers on the platform.

eBay ha annunciato i destinatari del suo quinto programma annuale di sovvenzioni Up & Running, assegnando 500.000 dollari e fondi per la tecnologia a 50 venditori negli Stati Uniti. Ogni venditore selezionato riceverà 10.000 dollari, insieme a formazione e mentorship per aiutare a far crescere le proprie attività. Inoltre, i finalisti riceveranno un contributo di 500 dollari per tecnologie aziendali essenziali tramite eBay Refurbished.

Il programma ha ricevuto oltre 18.000 candidature, il suo pool più grande e diversificato fino ad oggi, con un aumento del 19% di imprenditori nelle fasi iniziali rispetto all'anno scorso. Ciò sottolinea l'impegno di eBay nel supportare le piccole imprese e l'imprenditorialità. Le sovvenzioni coprono varie categorie aziendali, tra cui collezionabili, ricambi auto, sneakers ed elettronica.

Dal suo avvio nel 2020, il programma di sovvenzioni Up & Running fa parte della missione di eBay di creare opportunità economiche e investire nella crescita delle piccole imprese. L'azienda riporta un aumento del 162% nelle domande di sovvenzione quest'anno, evidenziando l'importanza crescente del programma per i venditori di piccole imprese sulla piattaforma.

eBay ha anunciado los destinatarios de su quinto programa anual de subvenciones Up & Running, otorgando 500,000 dólares y estipendios de tecnología a 50 vendedores de EE. UU.. Cada vendedor seleccionado recibirá 10,000 dólares, junto con capacitación y mentoría para ayudar a hacer crecer sus negocios. Además, los finalistas recibirán un subsidio de 500 dólares para tecnología empresarial esencial a través de eBay Refurbished.

El programa recibió más de 18,000 postulaciones, su grupo más grande y diverso hasta la fecha, con un aumento del 19% en emprendedores en etapa temprana en comparación con el año pasado. Esto enfatiza el compromiso de eBay con el apoyo a las pequeñas empresas y el emprendimiento. Las subvenciones cubren varias categorías de negocio, incluyendo coleccionables, piezas de automóviles, zapatillas y electrónica.

Desde su creación en 2020, el programa de subvenciones Up & Running ha sido parte de la misión de eBay de crear oportunidades económicas e invertir en el crecimiento de pequeñas empresas. La compañía informa un aumento del 162% en las solicitudes de subvenciones este año, destacando la creciente importancia del programa para los vendedores de pequeñas empresas en la plataforma.

eBay는 다섯 번째 연례 Up & Running 보조금 프로그램의 수혜자를 발표했으며, 500,000 달러와 기술 보조금을 50명의 미국 판매자에게 수여했습니다. 선정된 각 판매자는 10,000 달러와 함께 비즈니스를 성장시키기 위한 교육 및 멘토링을 받게 됩니다. 또한, 최종 후보자에게는 eBay Refurbished를 통한 필수 비즈니스 기술을 위한 500달러 보조금이 제공됩니다.

이번 프로그램에는 18,000건 이상의 신청서가 접수되어 지금까지의 최다 및 다양성을 기록했으며, 작년 대비 초기 단계 기업가 수가 19% 증가했습니다. 이는 eBay가 중소기업과 기업가 정신을 지원하기 위한 의지를 강조합니다. 보조금은 수집품, 자동차 부품, 운동화 및 전자제품과 같은 다양한 비즈니스 범주를 포함합니다.

2020년 설립 이후, Up & Running 보조금 프로그램은 eBay의 경제적 기회를 창출하고 중소기업의 성장을 지원하겠다는 사명의 일환으로 진행되어 왔습니다. 회사는 올해 보조금 신청이 162% 증가했다고 보고하고 있으며, 이는 플랫폼에서 중소기업 판매자에게 있어 프로그램의 중요성이 커지고 있음을 강조합니다.

eBay a annoncé les destinataires de son cinquième programme annuel de subventions Up & Running, attribuant 500 000 dollars et des allocations technologiques à 50 vendeurs américains. Chaque vendeur sélectionné recevra 10 000 dollars, ainsi qu'une formation et un mentorat pour l'aider à développer son entreprise. De plus, les finalistes recevront une allocation de 500 dollars pour des technologies essentielles pour les affaires via eBay Refurbished.

Le programme a reçu plus de 18 000 candidatures, son plus grand et le plus diversifié à ce jour, avec une augmentation de 19% des entrepreneurs en phase de démarrage par rapport à l'année précédente. Cela souligne l'engagement d'eBay à soutenir les petites entreprises et l'entrepreneuriat. Les subventions couvrent différentes catégories d'entreprises, y compris les objets de collection, les pièces automobiles, les baskets et l'électronique.

Depuis sa création en 2020, le programme de subventions Up & Running fait partie de la mission d'eBay de créer des opportunités économiques et d'investir dans la croissance des petites entreprises. L'entreprise signale une augmentation de 162% des demandes de subventions cette année, mettant en évidence l'importance croissante du programme pour les vendeurs de petites entreprises sur la plateforme.

eBay hat die Empfänger seines fünften jährlichen Up & Running-Grants-Programms bekannt gegeben und 500.000 Dollar sowie Technologiestipendien an 50 US-Verkäufer vergeben. Jeder ausgewählte Verkäufer erhält 10.000 Dollar sowie Schulungen und Mentoring, um sein Unternehmen auszubauen. Darüber hinaus erhalten die Finalisten ein 500-Dollar-Stipendium für wesentliche Geschäftstechnologien von eBay Refurbished.

Das Programm erhielt über 18.000 Bewerbungen, die bislang größte und vielfältigste Gruppe, mit einem 19%-Anstieg an Unternehmern in der frühen Phase im Vergleich zum Vorjahr. Dies betont eBays Engagement für die Unterstützung von Kleinunternehmen und Unternehmertum. Die Stipendien decken verschiedene Geschäftskategorien ab, einschließlich Sammlerstücke, Autoersatzteile, Sneakers und Elektronik.

Seit seiner Gründung im Jahr 2020 ist das Up & Running-Grants-Programm Teil von eBays Mission, wirtschaftliche Chancen zu schaffen und in das Wachstum von Kleinunternehmen zu investieren. Das Unternehmen meldet einen 162%-Anstieg der Stipendienanträge in diesem Jahr, was die wachsende Bedeutung des Programms für Kleinunternehmer auf der Plattform unterstreicht.

Positive
  • eBay is investing $500,000 in small business growth through grants
  • 50 U.S. sellers each receive $10,000 plus training and mentorship
  • 19% increase in early-stage entrepreneur applicants compared to last year
  • 162% increase in Up & Running Grant applications
Negative
  • None.

eBay awards $500,000 and technology stipends to boost economic success for 50 U.S. sellers

SAN JOSE, Calif., Sept. 26, 2024 /PRNewswire/ -- eBay Inc. today announced the recipients of its fifth annual Up & Running Grants, a program established in 2020 to further eBay's mission of creating economic opportunity for all and investing in small business growth.

This year, eBay selected 50 U.S. sellers to each receive $10,000, plus training and mentorship, to help strengthen and grow their businesses. In addition to these grants, finalists will also receive a $500 stipend to equip themselves with essential business technology and tools from eBay Refurbished.

eBay received its largest and most diverse pool of Up & Running applicants to date, with over 18,000 submissions. Additionally, this year's candidates included 19% more early-stage entrepreneurs compared to last year -- emphasizing eBay's commitment to supporting entrepreneurship and small businesses.

"Entrepreneurship is at the heart of eBay. We have always been committed to empowering small business owners and providing the tools they need to be successful," said Dawn Block, VP & GM, U.S. Market & Global Selling, eBay, eBay U.S. "We are honored and excited to be a part of the growth journey for this year's Up & Running Grants recipients, and cannot wait to see how they continue to pursue their business goals."

Meet eBay's Class of 2024 Up & Running Grantees:

See the 2024 winners in this video HERE.

eBay's support of small business
eBay's small businesses consistently report that eBay provides economic opportunity and empowerment. This year saw a 162% increase in Up & Running Grant applications across a diverse range of small business sellers, underscoring eBay's mission to grow its small businesses. Since 2020, Up & Running Grant recipients – ranging from collectibles, art and electronics – have leveraged grant funds to invest in crucial areas of their businesses, to build their business and foster growth.

About the Up & Running Grants Program
Since its introduction in 2020, eBay's annual Up & Running Grants program has received more than 60,000 applications from entrepreneurs sharing details of their businesses ambitions and growth goals. Following a comprehensive review, 50 sellers are chosen annually to each receive $10,000 in cash, direct training, Q&A sessions and mentorship from eBay. This year, eBay is also offering recipients a stipend worth $500 each, which sellers can use to equip themselves with essential office technology from eBay Refurbished. All applicants of the Up & Running Grants program are offered access to mentorship and resources on Hello Alice, a free, multichannel platform that helps businesses launch and grow.

About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in San Jose, California, eBay is one of the world's largest and most vibrant marketplaces for discovering great value and unique selection. In 2023, eBay enabled more than $73 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com

About Hello Alice
Hello Alice is a financial technology serving more than 1.5 million small business owners in all fifty states. Hello Alice is committed to equitable access to capital and to supporting any entrepreneur with a good idea, especially those in the New Majority. Hello Alice offers funding, education, tools, and curated opportunities. Working with enterprise business services, ecosystem partners, affiliates, and government agencies, Hello Alice provides its growing community with everything they need to grow their businesses. To learn more, visit www.helloalice.com, as well as Twitter, LinkedIn, Instagram, and Facebook.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ebay-announces-fifth-annual-up--running-grants-recipients-302260494.html

SOURCE eBay Inc.

FAQ

How much did eBay award in total for the 2024 Up & Running Grants?

eBay awarded a total of $500,000 for the 2024 Up & Running Grants program.

How many sellers received grants from eBay's Up & Running program in 2024?

50 U.S. sellers received grants from eBay's Up & Running program in 2024.

What is the individual grant amount for each recipient of eBay's Up & Running Grants?

Each recipient of eBay's Up & Running Grants receives $10,000, plus training and mentorship.

How many applications did eBay receive for the 2024 Up & Running Grants?

eBay received over 18,000 submissions for the 2024 Up & Running Grants program.

eBay Inc

NASDAQ:EBAY

EBAY Rankings

EBAY Latest News

EBAY Stock Data

31.29B
489.00M
0.27%
97.03%
5.07%
Internet Retail
Services-business Services, Nec
Link
United States of America
SAN JOSE