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As Massachusetts Reopens, Harvard Square Businesses Regain Lost Momentum | News

After a year of uncertainty, Harvard Square business owners are looking forward to welcoming more tourists and students to the Square in the next few months, now that Covid-19 vaccines are readily available in the Commonwealth of Massachusetts. Theodora M. “Theo” Skeadas ’12, executive director of Cambridge Local First, a non-profit network of over 450 local and independent businesses in the city, said the Square would “rebound,” though she recognized that recovery will be “difficult” for some businesses. “People are really excited to be social and reconnect, and I’ve been walking around the city, all over the place, and it’s just exciting to see people coming back into the Square and engaging with local businesses,” she said. “The challenge is that we lost a lot of businesses and those are not coming back.”

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U S Rep Pressley Reassures Small Business Owners of Brighter Path Forward at Harvard Panel | News

U.S. Rep. Ayanna S. Pressley (D-Mass.) delivered opening remarks at a Harvard-sponsored panel Friday during which local entrepreneurs and non-profit leaders discussed how they navigated the pandemic-induced recession. Business School senior fellow and former U.S. Small Business Administration administrator Karen G. Mills â75 moderated the discussion, which sought to illuminate the challenges small business owners have endured over the past year and âconsider what the future will look like,â per the eventâs webpage. Rock City Pizza owner Joseph J. Charles, Cambridge Chamber of Commerce President David P. Maher, Brighton Main Streets director Aidan M. McDonough, and Big Dipper Hospitality co-founder Rachel Miller Munzer shared firsthand accounts of the pandemicâs impact during the panel discussion.

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Really Crucial : Local Women- and Minority-Owned- Businesses Draw On State Grant Fund To Stay Afloat | News

As the Covid-19 pandemic continues to wreak havoc on small businesses in Harvard Square, many have found themselves relying on supportive patrons and financial support from the state government to stay afloat. Square businesses were able to apply for government funding through the Massachusetts Growth Capital Corporation in January. The $668 million small business package â which Governor Charlie D. Baker â79 announced in late December 2020 â prioritized women- and minority-owned- businesses. Massachusetts Secretary of Housing and Economic Development Michael J. âMikeâ Kennealy wrote in an email that small businesses make up a âfundamental componentâ of the Massachusetts economy. âAs the largest program of its kind in the country, these grants are vital to supporting small businesses â especially those in communities and neighborhoods that have been hit the hardest by COVID-19,â he wrote.

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Loud, Boisterous, Wonderful : Students, Cambridge Residents Remember Border Cafe | News

Loud, Boisterous, Wonderful : Students, Cambridge Residents Remember Border Cafe | News
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Harvard Square Businesses Welcome the Return of Students | News

As students trickle back into Cambridge for the spring semester, Harvard Square business owners said they are hoping to see sales pick back up after a challenging year and quiet winter break. When students left campus in November for winter break, many business owners said they feared not being able to survive into the spring. Some tried to negotiate rental costs with their landlords, while others, including CafÃ© Pamplona and Wellbridge Athletic Club, permanently closed in the months prior. Alex W. Meriwether, general manager of the Harvard Book Store, said it has been a âdifficult yearâ for the independent bookstore.

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