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Uber and Visa Provide $1 Million in Grants for Growth

Uber and Visa announced the recipients of Grants for Growth, a program that has provided $1 million in grant funding to small businesses. In addition, said businesses are located in 10 U.S. cities that are currently active on Uber Eats. The Local Initiatives Support Corporation (LISC) administered the program, which focused on restaurant recovery and entrepreneurship. The Grants for Growth program began earlier this year. The program’s goal was to support merchants when they need it most, particularly as they recover from the pandemic.

Grants for Growth has given grants of $10,000 to over 100 merchants, immediately relieving needs such as payroll, paying debt to vendors, upgrading payment technology infrastructure, and other immediate operational costs. In addition to financial support, selected merchants received disaster recovery and resiliency guides from Uber and LISC.

“From labor challenges to supply chain issues, independently-owned businesses have had another trying year. It’s important to us that Uber Eats support our merchant partners with the resources and tools they need to continue to grow,” said Sarfraz Maredia, VP of US and Canada Delivery at Uber. “With our partners at Visa and LISC, we’re happy to have created a program that’s had such an impact and has helped restaurants across the country fund critical investments.”

The impact of Uber and Visa’s Grants for Growth

Among the recipients that LISC selected:

  • 92 percent were entrepreneurs of color.
  • 69 percent were female-owned businesses.
  • 88 percent of the businesses were in low or moderate-income areas.

“The proceeds of this grant allowed us to survive,” said Umber Ahmad, Founder of Mahzedahr Bakery in New York City. “We were able to pay vendors. I was able to pay my team. We were able to keep the doors open and the lights on and I’m very grateful for that.”

Restaurants active on Uber Eats in Atlanta, Chicago, Los Angeles, Washington DC, Miami, Detroit, the NYC metro/New Jersey area, the San Francisco Bay Area, Philadelphia, and Boston were eligible to apply for the program. LICS independently selected the grant recipients, using criteria to give preference to veteran, minority, women, and LGBTQIA+ business owners.

“Small businesses are a vital part of our local communities. We’re committing to supporting them for the long-term,” said Mary Ann Reilly, CMO of North America, Visa. “Alongside our partners at Uber, we’re honored to support the diverse recipients of this program with resources and capital to help them continue to grow.”

For additional information about Grants for Growth and a list of recipients, visit,

About Uber

Uber’s mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 15 billion trips later, we’re building products to bring people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.

About Visa Inc.

Visa (NYSE: V) is a world leader in digital payments, facilitating payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at

About LISC

LISC is one the country’s largest community development organizations, helping forge vibrant, resilient communities across America. We work with residents and partners to close systemic gaps in health, wealth and opportunity. We advance racial equity so that people and places can thrive. Since our founding in 1979, LISC has invested $26.7 billion to create more than 436,000 affordable homes and apartments, develop 78.5 million square feet of retail, community and educational space, and help tens of thousands of people find employment and improve their finances. For more, visit

Among many companies, Uber has started making changes to improve their community and their teams. Read more on How Companies Like Uber And Facebook Are Bringing Back Cool Team-Building Exercises.

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