Saturday, March 28, 2020

Google is offering $340 million in free ads for small businesses as part of coronavirus help package


  • Google said it is increasing a previous ad grant to $250 million in ads to help the World Health Organization (WHO).
  • It has created a $200 million fund that will support NGOs and financial institutions globally.
  • The company said it will work with Magid Glove & Safety, with the goal of ramping up production of 2-3 million face masks in the coming weeks.

  • Google is offering $340 million in ad credits to small and mid-size businesses with active Google ad accounts as part of an $800 million coronavirus response package, the company announced Friday.
    As part of the package, the company is also donating the following: A $200 million investment fund that will help NGOs and financial institutions provide small businesses with capital

  • $250 million in advertising grants to help the World Health Organization and government agencies offer information on how to prevent the spread of COVID-19
  • $20 million in Google Cloud credits for academic institutions and researchers
  • Unspecified financial support to help increase production capacity for life-saving equipment, including face masks and ventilators.

  • Source CNBC 
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