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Working To Support Small Businesses During COVID-19

Mar 20, 2020

by Josh Silverman

Etsy.com handmade and vintage goods

Image credit: SewBotanicalUK

To the Etsy community:

We are all going through very trying times. As Etsy’s CEO, I’m acutely aware of the important role we play in the lives of our entire community. In times of crisis, small businesses and the self-employed face enormous financial challenges. This is the community that Etsy is built to support, because behind every purchase, there’s a person, not a factory.

Etsy is here for you

At times like these, we long to surround ourselves and those dear to us with objects that provide comfort, joy, and relief – a cozy blanket, a kids crafting kit, some calming candles. From self-care to workspace organization to games and toys, Etsy has it. But unlike other retailers, when you buy those items here, you’re directly making a difference in people’s lives. 

You can help small businesses

Small businesses need support now more than ever, but supporting them can seem hard when visiting the local shopping district is discouraged. Simply choose to shop on Etsy. We have well over 2 million sellers open for business, often working out of their homes to create something that you’ll use and cherish everyday.

Steps Etsy is taking 

We are also taking significant steps to assist sellers in continuing to have a steady stream of sales and have more money on-hand to put towards their daily needs.  

  • Etsy will invest $5,000,000 over the next month to drive sustained business for sellers
  • We will also provide a one month grace period to any seller who needs extra time paying their bills

We believe these programs will meaningfully help sellers during these challenging times.

We’re one community

History has shown us that during times of greatest difficulty, we see the best of humanity. Our choices have the potential to meaningfully help those who need it most. 

Thank you for being a part of the Etsy community. 

Josh Silverman
CEO, Etsy