Poshmark, a marketplace for new and used style for women, men, kids, pets, home and more have announced the inaugural recipients of its Heart & Hustle Community Fund, a newly launched program that awards more than 100 sellers quarterly with the funds and fundamentals to grow their businesses.
Poshmark has committed to distributing $500,000 in grants throughout 2021 to sellers who best demonstrate how they use heart and hustle to fuel their Poshmark business and achieve their goals — whether it is making extra money, growing their reach, or scaling their side hustle into something bigger.
“Since day one, our sellers have been the heart of the Poshmark community. Launching our Heart & Hustle Community Fund was an important next step in recognizing, rewarding and empowering our diverse seller community, especially amidst joblessness and economic uncertainty left in the wake of the COVID-19 pandemic, We are proud to support the resilient entrepreneurs who make up the vibrant Poshmark community and who every day demonstrate that heart and hustle go hand in hand.”
– Manish Chandra, Founder and CEO of Poshmark
Poshmark’s Heart & Hustle Community Fund recipients represent a wide range of sellers — from a daughter balancing a full-time business while caring for her sick mother to a college student paying for tuition with Poshmark earnings, to an artisan expressing their creative talents selling handmade jewelry and face masks. Through Poshmark’s Heart & Hustle Community Fund, these sellers are given an economic boost to help grow their businesses in a variety of ways, whether through investing in new inventory management systems, fulfilling the necessary steps to become an LLC, or paying for dedicated office and storage space to expand their operations.