LivingSocial, a US-based provider of discount sales coupons backed by online retailer Amazon, and bank JPMorgan Chase have provided $3m in grants to 12 businesses.

Their Mission: Small Business grants of $250,000 each went to Bright Power, Ellessco, Skillastics, Carmin Industries, Lasher Sport, American Grilled Cheese Kitchen, Didrick Medical, PlanetReuse,, EcoScraps, RonWear Portable Clothing and Van Leeuwen Artisan Ice Cream.

A panel reviewed nearly 70,000 applications from small businesses across the US.

Tim O’Shaughnessy, LivingSocial chief executive, said: “LivingSocial…

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