The Commonwealth of Massachusetts has made $50.8 million in grants available to support small businesses, microenterprises, and their employees, families and communities. Massachusetts Growth Capital Corporation (MGCC) will be administering these funds to businesses experiencing economic hardship and a loss of income due to the COVID-19 pandemic. These funds were appropriated through the Commonwealth’s Supplemental Budget for Fiscal Year 2021 (FY21) as well as the CARES Act of 2020 and are divided into two programs, Small Business Grants for 5 or fewer employees and Small Business Grants for 50 or fewer employees.
The application opens at 12:00 pm on Thursday, October 22 and will close at 12:00 pm on Thursday, November 11.
More information can be found online.
To stay informed regarding both existing and upcoming grant opportunities, please bookmark the Community Compact Connector website.