AmEx, US Chamber of Commerce Foundation team up on grants for Helene, Milton-hit small businesses [Video]

American Express and the U.S. Chamber of Commerce Foundation are teaming up to provide funds for small businesses working to recover from Hurricanes Helene and Milton.

The Small Business Hurricane Recovery Grant Program unveiled Thursday will dole out a total of $5 million worth of grants to small businesses hit hard by the devastating storms. 

American Express Corporate Affairs Officer Jennifer Skyler said in a statement that the company was “committed to providing small businesses in the region with the resources they need to recover, rebuild, and thrive.”

Through the newly announced program, 1,000 small businesses located in affected states like Florida, Georgia, North Carolina, South Carolina and Tennessee that meet certain eligibility prerequisites will be able to receive $5,000 each, American Express said.

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The funds “can be used for business expenses related to disaster recovery such as rent, utilities, payroll, inventory, equipment, and infrastructure,” AmEx …