American Express and the National Trust for Historic Preservation Launch Third Year of $1 Million Grant Program “Backing Historic Small Restaurants”
23 Februar 2023 - 4:00PM
Business Wire
- The program will award $40,000 grants to 25 historic U.S. small
restaurants, supporting the future growth of these establishments
as they navigate current challenges.
- This initiative is part of American Express’ long history of
backing small businesses.
American Express (NYSE: AXP) and the National Trust for Historic
Preservation today announced the third installment of the “Backing
Historic Small Restaurants Grant Program,” which will once again
award $1 million collectively in grant funding to 25 recipients
across the country. The grants will be funded by American Express
and administered by the National Trust for Historic
Preservation.
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Stamps Super Burgers in Jackson, MS, 2022
BHSR grant recipient (Photo: Business Wire)
As part of the grant program, Resy, a hospitality technology
platform that is part of the American Express family, will also
offer complimentary use of ResyOS – its restaurant management
software – for one year to each of the historic small restaurants
selected to help streamline costs and boost restaurant
operations.
“We’re proud to give small restaurants the resources they need
to grow their businesses and continue their legacies for years to
come,” said Alice Lin Fabiano, Vice President, Community Impact at
American Express. The “Backing Historic Small Restaurants” grant
program reaffirms our long-standing commitment to backing small
business owners.”
“Historic small and independent restaurants face many
challenges, yet they continue to anchor their communities in
invaluable ways, sharing cultural traditions and creating special
places for gathering and celebrating together,” said Katherine
Malone-France, Chief Preservation Officer, National Trust for
Historic Preservation. “The National Trust is honored to partner
with American Express to protect and sustain these places as they
reflect all our stories, memories, and traditions.”
Over the past two years, 50 U.S. historic restaurants
collectively received $2 million. Restaurant owners used the grant
funds to make needed improvements to their businesses which led to
a number of positive impacts on their communities.
“The grant gave us the opportunity to update our exterior facade
and provided us with more energy-efficient windows and doors during
the cold winters and hot summer seasons. Our regular customers
noticed our new look right away and they are very impressed with
the work so far,” said Nadine Hunt, owner of Miller’s Soul Food in
Dublin, GA and 2022 BHSR grant recipient. "Because of that needed
work, we’ve seen an increase in dine-in customers during our lunch
hours.”
Another 2022 grant recipient, Phil Stamps Jr., Head of
Operations and Development for Stamps Super Burgers in Jackson, MS
added how the grant impacted his local community. “This grant has
been uplifting for the entire community. Our restaurant sits in the
heart of Washington Addition, which is a residential neighborhood
here in West Jackson. Our neighbors have raved about the
preservation work.”
Backing Historic Small Restaurants is part of American Express’
Backing Small initiative, focused on providing financial support
and other resources to help small businesses address critical
needs. American Express has a long history of supporting small
businesses through a number of key initiatives including Shop Small
and the Coalition to Back Black Businesses. With $17 million in
funds committed through 2024, the Backing Small Initiative
continues to support underrepresented and economically vulnerable
small business owners and entrepreneurs and includes grant
programs, mentoring support, and technical assistance through
established community partnerships.
To be eligible for a grant, U.S. independent small restaurants
must operate in historic buildings or neighborhoods, contribute to
their neighborhood’s history and identity, and have a diverse story
about cuisine and community in America. Restaurant owners can learn
more and apply for the grant program here. Additionally, community
members can nominate their favorite establishments that fit the
criteria for consideration. Formal applications and public
nominations will be accepted beginning at 8:00 AM ET on February
23, 2023, through 11:59 PM ET on March 12, 2023.
Restaurant owners can apply for the grant program here.
ABOUT AMERICAN EXPRESS
American Express is a globally integrated payments company,
providing customers with access to products, insights and
experiences that enrich lives and build business success. Learn
more at americanexpress.com and connect with us on
facebook.com/americanexpress, instagram.com/americanexpress,
linkedin.com/company/american-express, twitter.com/americanexpress,
and youtube.com/americanexpress.
Key links to products, services and corporate responsibility
information: personal cards, business cards and services, travel
services, gift cards, prepaid cards, merchant services, Accertify,
Resy, corporate card, business travel, diversity and inclusion,
corporate responsibility and Environmental, Social, and Governance
reports.
ABOUT THE NATIONAL TRUST FOR HISTORIC PRESERVATION
The National Trust for Historic Preservation, a privately funded
nonprofit organization, works to save America’s historic places.
SavingPlaces.org | @savingplaces
American Express has invested more than $30M to preserve
historic places in the U.S. through its close partnership with the
National Trust for Historic Preservation since 1992.
Source: American Express Company Location: U.S.
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version on businesswire.com: https://www.businesswire.com/news/home/20230223005156/en/
Ashley Tufts Ashley.Tufts@aexp.com
Elizabeth Hecht Elizabeth.Hecht@aexp.com
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