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Here s what small businesses need to know about Governor Charlie Baker s $668 million relief program

Here’s what small businesses need to know about Governor Charlie Baker’s $668 million relief program By Anissa Gardizy Globe Staff,Updated December 23, 2020, 3:24 p.m. Email to a Friend A woman set up seating outside Espresso Love on Broad Street in Boston in October.Craig F. Walker/Globe Staff/The Boston Globe Governor Charlier Baker on Wednesday unveiled a $668 million coronavirus relief program for small businesses affected by COVID-19. The new aid program will be run out of the Massachusetts Growth Capital Corporation. Earlier this year, the quasi-public agency disbursed nearly $51 million in coronavirus-related business aid, but was overwhelmed with requests for 10 times that amount.

Massachusetts governor awards $49M in grants to small businesses

Payments will be administered by the Massachusetts Growth Capital Corp. The program received more than 10,000 applications seeking over $500 million, according to the Associated Press. Diners have dinner outdoors on Friday, Nov. 6, 2020, in Boston s North End. (AP Photo/Elise Amendola) In October, Baker s administration introduced a $774 million plan to help rescue Massachusett s economy during the COVID-19 pandemic, including $50.8 million for small business grants. In addition, the Bay State has $17.5 million for the program set aside for the 2021 budget. Businesses that applied for grants originally need not reapply to be considered again. This has obviously also been a very challenging year for other sectors of our economy and small business owners perhaps more than anyone else have gone through unimaginable disruption, loss and uncertainty, said Baker, a  Republican. Despite that, they ve done everything in their power to keep their staff and their customers as sa

Massachusetts restaurants, gyms, offices, churches cut to 25% capacity for 2 weeks as coronavirus surges

Massachusetts restaurants, gyms, offices, churches and more cut to 25% capacity for 2 weeks as coronavirus surges Erin Tiernan © Provided by Boston Herald Boston, MA: 12-21-20: Massachusetts Governor Charlie Baker is pictured putting his mask back on at the conclusion of a press conference held in Gardner Auditorium concerning the upcoming Christmas holiday as it relates to the COVID-19 pandemic. During the event he also announced the issuance of nearly $49 million in state grants to small businesses through the COVID-19 Small Business Grant Program administered by the Massachusetts Growth Capital Corporation. (Jim Davis/Globe Staff). POOL PHOTO Restaurants, gyms, casinos, offices, churches, libraries, movie theaters, arcades, golf facilities, museums and more must cut capacity to 25% of their maximum for “at least” two weeks as coronavirus continues to surge in the state ahead of the holidays, Gov. Charlie Baker said.

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