Polito, State Officials Hear From North County Business Leaders
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Chamber Corner: Blackstone Valley shifts gears in post-pandemic business drive
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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.
Gov. Baker announces new round of small business grants Share Updated: 1:09 PM EST Jan 28, 2021
Gov. Baker announces new round of small business grants Share Updated: 1:09 PM EST Jan 28, 2021
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Show Transcript Today we re announcing another $45 million in grants, which will be going out to another 1100 small businesses, including five others here in Plymouth. About a third of these grantees have received no other aid of any kind, and this is the fourth round of grants through this program. Since December 21st. To date, we ve awarded almost $280 million to more than 5800 small businesses. This is a $720 million program, so we obviously have, ah, long way to go in a lot of opportunity to continue to support small businesses as they work their way through the second surge.