State Funds Available for Small Businesses Impacted By Pandemic

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The Commonwealth of Massachusetts has made $75,000,000 available to support small businesses impacted by the COVID-19 pandemic.

This program targets businesses that focus on reaching markets predominantly made up of socially and economically disadvantaged and historically underrepresented groups, underserved markets, and those owned by minorities, women, veterans, immigrants, first-generation immigrants, disabled individuals, or those that identify as part of the LGBTQ+ community. MGCC will administer grants up to $75,000 for eligible small businesses, in a geographically equitable manner.

This project is being supported by federal award number SLFRP1025 awarded to the Commonwealth of Massachusetts by the U.S. Department of the Treasury. These funds were appropriated through the Commonwealth’s FY2023 Economic Development Bill.

A business and/or business owner will be ineligible for this grant program if they have received a grant from MGCC in 2022 or 2023, with the exception of a grant from Biz-M Power or Empower Digital, including:

  • New Applicant Grant Program
  • Inclusive Grant Program
  • 2023 Inclusive Funding Opportunity

To download and review full details on the program’s rules and eligibility requirements, click here.