While many governors and legislatures have been busy implementing and expanding shutdowns that have devastated small businesses, Barstool Sports founder Dave Portnoy is providing much-needed relief.
The Barstool Fund, set up by Portnoy to help small businesses in need, has raised more than $ 16 million as of December 31.
Earlier in December, Portnoy launched the fund with a contribution of $ 500,000 of its own funds. Since then, the Relief Fund has grown exponentially.
“Once you join our program, we will pay for everything you need, the necessities you need, and the money you need to bypass this thing and give you a fair chance to run your business,” Portnoy He said. “These people don’t go out of business because they didn’t succeed or make money, because they had no other choice. They got a hand that no one could play.”
Since its inception, Portnoy has provided regular updates on the businesses the fund assists.
The next restaurant we’re helping …. Mama Mia 44SW. Anecdote
Click to donate. The more money we get, the more people like Connie can help. https://t.co/2hl9Fcpvpt pic.twitter.com/lGSHSuuSSN
– Dave Portnoy (@stoolpresidente) December 22, 2020
In the case of “Mama Mia,” the Barstool Fund was able to save a family run restaurant at a very special time.
Here is Connie getting a call that the company her family started 50 years ago will survive the shutdown. Anecdote https://t.co/2hl9Fcpvpt pic.twitter.com/iK8u9edCiM
– Dave Portnoy (@stoolpresidente) December 22, 2020
Portnoy Release The fund in early December shortly after New York Governor Andrew Cuomo banned indoor dining at New York City restaurants, a move that Portnoy described as “crazy.”
Relief-seeking companies can send requests to [email protected].
“Explorer. Devoted travel specialist. Web expert. Organizer. Social media geek. Coffee enthusiast. Extreme troublemaker. Food trailblazer. Total bacon buff.”
