Google announces $800 million donation to support small businesses and health organizations

On March 27, Google announced a pledge which is of $800 million. This pledge is dedicated to health and business organizations who are fighting to eliminate the novel coronavirus. Among other things; one aspect of the pledge is the donation of almost 4 million authentic face masks to the foundation of CDC.

Interestingly, the CEO of Google Sundar Pichai announced that the global company was currently working with a supplier named Magid Gloves and Safety. They are in collaboration with the company to complete the number of masks needed for donation. All this was announced by the CEO in an official blog post. The CEO also explained that Google was helping both in the means of cash as well as with aspects like advertisements to provide support and relief to small educational institutes, health organizations, and other small businesses. The fund will likewise include a grant of $340 million in Google ads to those small organizations that have advertising accounts on Google. However, the bet is that the grant will be given to only those accounts which have been present for the past year. These credits can be used until the end of the year at any point.

The fund that was announced by the CEO of Google also has an element of ad grants which has a value of $250 million. This grant is established to help the World Health Organization (WHO) and other official and government offices who are working hard to get rid of the COVID-19. Apart from this, $20 million are also allotted to the Google Cloud for academic institutes and researchers who are studying and working on vaccines about various viruses and other therapies for COVID-19.

Google is planning to increase its ‘employee donation-matching program’ up to $10,000 a year. The CEO of Google sent a memo to all his employees saying that all the employees should volunteer during this time of disruption and panic caused by the Coronavirus.

Google stepping up to help fight the virus and the panic caused by it is a great example of technology working towards betterment. Similarly, YouTube is also promoting leading health organization in its feed to help users get the right information.

COVID-19: $800+ million to support small businesses and crisis response
Photo: 400tmax via Getty Images

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