Google offering $800m coronavirus help package

[ad_1]

Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019.

Josh Edelson | AFP | Getty Images

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.

This is breaking news, check back for updates.

[ad_2]

Source link