(Reuters) – Verizon said on Tuesday it would invest $5 billion over the next five years in small business suppliers in the U.S. with the goal of boosting domestic supply chains.
The investment program would help create a pipeline of business for these suppliers from Verizon and other large corporations, the company said.
The company also launched a new grant cycle through another existing program, under which small businesses can apply by June 30 for $10,000 in grants.
(Reporting by Deborah Sophia in Bengaluru and Juby Babu in Mexico City; Editing by Leroy Leo)
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