Google is collaborating and teaming up with EIF- the European Investment Fund and two other organizations from Asia and the Latin America in order to provide $75 million in funding to SMEs like the small and medium-sized companies that are suffering losses due to Coronavirus pandemic.
These funds are the part of $800 million initiative that was announced last year in March just in response to this pandemic of COVID-19.
Google will work in Latin America with the Inter-American Development Bank in order to allocate around $8 million in small companies.
