{"id":1007572,"date":"2026-10-01T12:25:51","date_gmt":"2026-10-01T16:25:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/american-express-and-ida-foundation-mark-five-years-of-backing-international-small-restaurants-and-launch-2026-applications\/"},"modified":"2026-10-01T12:25:51","modified_gmt":"2026-10-01T16:25:51","slug":"american-express-and-ida-foundation-mark-five-years-of-backing-international-small-restaurants-and-launch-2026-applications","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/american-express-and-ida-foundation-mark-five-years-of-backing-international-small-restaurants-and-launch-2026-applications\/","title":{"rendered":"American Express and IDA Foundation Mark Five Years of Backing International Small Restaurants and Launch 2026 Applications"},"content":{"rendered":"

<\/p>\n

American Express and IDA Foundation Mark Five Years of Backing International Small Restaurants and Launch 2026 Applications<\/b><\/p>\n

Program expands to Italy for the first time, awarding more than $1.5 million in grants to over 100 independent restaurants<\/i><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nAmerican Express and the International Downtown Association Foundation (IDA) today launched this year\u2019s Backing International Small Restaurants grants program, open for applications through November 16, 2026. Celebrating its fifth anniversary, the program plans to award more than $1.5 million to support over 100 independent restaurants across nine countries and expand to Italy for the first time.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260930668653\/en\/<\/a><\/p>\n

\"\"<\/div>\n

\nThe program supports small, independent restaurants as they grow, recover and support their local communities, including investments that strengthen their operations and long-term resilience. Since 2022, the Backing International Small Restaurants grants program has grown from five cities in five countries to 15 cities across nine countries, including the UK, Mexico, Australia, New Zealand, Japan, Canada, Spain, France and for the first time this year, Italy.<\/p>\n

\n\u201cIndependent restaurants do far more than serve great meals. They create jobs, foster connection, and help shape the character of communities around the world,\u201d said Jennifer Skyler, Chief Communications Officer, American Express. \u201cAs we celebrate five years of Backing International Small Restaurants, we\u2019re proud of the impact we\u2019ve made alongside the IDA Foundation and look forward to helping even more restaurant owners grow and thrive.\u201d<\/p>\n

\nOver the past four years, the Backing International Small Restaurants grants program has provided more than $3.2 million in grants to more than 230 restaurants. Funding has helped restaurant owners make critical improvements, from enhancing digital capabilities and refreshing dining spaces to modernizing kitchen operations. These upgrades can help create a lasting impact that extends beyond their businesses to the communities they serve.<\/p>\n

\nThe Tea Cosy, a family-owned caf\u00e9 in Sydney, Australia, was among the first Backing International Small Restaurants grant recipients in 2022. The grant helped transform the caf\u00e9’s outdoor space into an English country garden and create a communal knitting initiative. “The grant gave us the opportunity to bring our vision to life, creating a space where people can slow down, connect, and share meaningful moments,\u201d says Ash Kinchin, Owner, The Tea Cosy. \u201cFive years later, our garden and communal space continue to bring our community closer together. Seeing those connections grow has been the most rewarding legacy of all.”<\/p>\n

\nFirst and Last Coffee Shop, a neighborhood caf\u00e9 and community gathering place in Toronto, Canada, received a Backing International Small Restaurants grant in 2024. The grant helped the caf\u00e9 expand seating and upgrade kitchen equipment, enabling it to increase production and serve more customers. \u201cThe Backing International Small Restaurants grant gave us the opportunity to invest in our space in ways that have made an enduring difference for our business,\u201d says Sharon Nutzati, Owner, First and Last Coffee Shop. \u201cSince then, we\u2019ve been able to welcome more people, grow our sales and operate more efficiently, while preserving the inviting atmosphere of First and Last. As our business has grown, so has our ability to bring the neighborhood together.\u201d<\/p>\n

\nThe experiences of Backing International Small Restaurants grantees reflect the program\u2019s broader impact on independent restaurants and their communities.<\/p>\n

\n\u201cAs we celebrate five years of Backing International Small Restaurants, we\u2019re proud of the program\u2019s growth and impact on independent restaurants around the world,\u201d said David Downey, Executive Director, IDA Foundation. \u201cWe continue to be inspired by our grantees, whose passion and leadership help make neighborhoods vibrant and connected. With the ongoing support of American Express, we\u2019re helping strengthen local economies and communities across the globe.\u201d<\/p>\n

\nIndependent restaurant owners can learn more about the program and submit their applications through Monday, Nov. 16, 2026, at 11:59 p.m. ET, by visiting downtown.org\/foundation<\/a>.<\/p>\n

ABOUT AMERICAN EXPRESS
\n
<\/b>American Express (NYSE: AXP) is a global payments and premium lifestyle brand powered by technology. Our colleagues around the world back our customers with differentiated products, services and experiences that enrich lives and build business success.<\/p>\n

\nFounded in 1850 and headquartered in New York, American Express\u2019 brand is built on trust, security, and service, and a rich history of delivering innovation and Membership value for our customers. With over a hundred million merchant locations across our global network, we seek to provide the world\u2019s best customer experience every day to a broad range of consumers, small and medium-sized businesses, and large corporations.<\/p>\n

\nFor more information about American Express, visit americanexpress.com<\/a>, americanexpress.com\/en-us\/newsroom\/<\/a>, and ir.americanexpress.com<\/a>.<\/p>\n

ABOUT INTERNATIONAL DOWNTOWN ASSOCIATION FOUNDATION
\n
<\/b>The International Downtown Association Foundation is a charitable nonprofit organization working in collaboration with the International Downtown Association (IDA) to provide education, research, and support for creating prosperous city centers, commercial neighborhoods and liveable urban places for all. For more information, please visit downtown.org\/foundation and follow IDA Foundation on LinkedIn<\/a> and X<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260930668653\/en\/<\/a><\/span><\/p>\n

American Express
\n<\/b>
Prin Pearson
\n
Prin.Pearson@aexp.com
\n<\/a><\/p>\n

International Downtown Association Foundation
\n<\/b>
Allison Shashok
\n
allison@downtown.org<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Retail Restaurant\/Bar Small Business Finance Banking Food\/Beverage<\/p>\n

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American Express and IDA Foundation Mark Five Years of Backing International Small Restaurants and Launch 2026 Applications Program expands to Italy for the first time, awarding more than $1.5 million in grants to over 100 independent restaurants NEW YORK–(BUSINESS WIRE)– American Express and the International Downtown Association Foundation (IDA) today launched this year\u2019s Backing International Small Restaurants grants program, open for applications through November 16, 2026. Celebrating its fifth anniversary, the program plans to award more than $1.5 million to support over 100 independent restaurants across nine countries and expand to Italy for the first time. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260930668653\/en\/ The program supports small, independent restaurants as they grow, recover and support their … <\/p>\n

Continue reading “American Express and IDA Foundation Mark Five Years of Backing International Small Restaurants and Launch 2026 Applications”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1007572","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAmerican Express and IDA Foundation Mark Five Years of Backing International Small Restaurants and Launch 2026 Applications - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-express-and-ida-foundation-mark-five-years-of-backing-international-small-restaurants-and-launch-2026-applications\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American Express and IDA Foundation Mark Five Years of Backing International Small Restaurants and Launch 2026 Applications - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"American Express and IDA Foundation Mark Five Years of Backing International Small Restaurants and Launch 2026 Applications Program expands to Italy for the first time, awarding more than $1.5 million in grants to over 100 independent restaurants NEW YORK–(BUSINESS WIRE)– American Express and the International Downtown Association Foundation (IDA) today launched this year\u2019s Backing International Small Restaurants grants program, open for applications through November 16, 2026. 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