SPRINGFIELD Today, the Baker-Polito Administration announced $30 million in state funding across four grant programs administered by the Massachusetts Growth Capital Corporation (MGCC) to help small businesses recover, grow, and thrive.
Among these investments, the Administration announced the award of $4 million to 45 non-profit technical assistance providers to continue working with small businesses and entrepreneurs from traditionally underserved communities to grow and expand their businesses. In addition, the Administration announced $14.7 million in awards to 15 organizations under MGCC’s Community Development Financial Institution and Community Development Corporation’s (CDFI and CDC) Match Grant Program, which funds both lending and mini-grant programs for small businesses.