BEGIN:VCALENDAR VERSION:2.0 PRODID:-//ChamberMaster//Event Calendar 2.0//EN METHOD:PUBLISH X-PUBLISHED-TTL:P3D REFRESH-INTERVAL:P3D CALSCALE:GREGORIAN BEGIN:VEVENT DTSTART:20201231T170000Z DTEND:20210116T045500Z X-MICROSOFT-CDO-ALLDAYEVENT:FALSE SUMMARY:Sector-Specific Relief Grant Program for Massachusetts Small Businesses DESCRIPTION:**If you submitted an application during the first round of Small Business Grants\, YOU DO NOT NEED TO SUBMIT AN ADDITIONAL APPLICATION. Applications from the first round of grants will be used in this second round.**\n\n\n\nThe Commonwealth of Massachusetts has made an additional $668 million available to support businesses through new and existing programs. Massachusetts Growth Capital Corporation (MGCC) will target a portion of these funds to sectors experiencing the most significant economic hardship and a loss of revenue due to the COVID-19 pandemic.\n\nThese funds were appropriated through the Commonwealth's Operating Budget for Fiscal Year 2021 (FY21) as well as the CARES Act of 2020. \n\n\n\nWho Should Apply:\n\n\n\nPreference will be given to the following sectors:\n\n\n\nPriority Categories:\n\n\n Restaurants\, bars\, caterers\, and food trucks that collect and remit meals tax\n Indoor Recreation or Entertainment Establishments\n \n Indoor entertainment establishments (e.g. movie theaters\, comedy clubs\, performing arts venues/organizations)\n Indoor recreation (e.g. arcades\, bowling centers\, pool/billiard halls\, escape-the-rooms\, trampoline parks\, roller-skating rinks)\n Indoor spectator sports venues\n Other indoor recreation or entertainment venues\n \n \n Gyms or Fitness Centers\n \n Gyms\, athletic clubs\, exercise centers\, health clubs\n Sports facilities (e.g. tennis clubs\, racquetball clubs\, hockey rinks\, swimming facilities)\n Fitness instruction centers (e.g. aerobics\, dance\, yoga\, karate\, etc.)\n Other gyms or fitness centers\n \n \n Personal Services\n \n Nail salons\, barbershops\, etc.\n Independent pharmacies \n \n \n Event Support Companies - primary source (more than 50%) of revenue is event-related\n \n Photography studios\, videography studios\, florists\, limo services\, event planning companies\, event rentals\, performers\, convention and trade show organizations\n \n \n Independent Retailers\n \n Businesses with brick and mortar locations that collect and remit sales tax\n \n \n\nNon-Priority Categories:\n\n\n All other eligible business types\n\n \n\nAdditional Information: \n\n\n\nThis business relief fund targets the hardest hit small businesses that have an exceptional need of cash relief. Though many businesses have been negatively affected by the pandemic\, not all needs are equal. To ensure that these limited funds get to the most severely impacted businesses\, you SHOULD NOT APPLY if you:\n\n\n are not showing an operating loss due to the coronavirus pandemic\n have access to other sources of relief\n have been able to continue to operate without significant financial distress\n have adequate available reserves\n\n\nAdditionally\, larger companies that are better positioned to endure this economic downturn and COVID-19 related restrictions should not apply.\n\nAn excessive number of applications submitted by businesses with lesser need will delay the awarding of grants to businesses facing extraordinary circumstances. An application review for a company without a truly exceptional need delays assistance for a business at risk of permanent closure. X-ALT-DESC;FMTTYPE=text/html:

**If you submitted an application during the first round of Small Business Grants\, YOU DO NOT NEED TO SUBMIT AN ADDITIONAL APPLICATION. Applications from the first round of grants will be used in this second round.**
\n
\nThe Commonwealth of Massachusetts has made an additional $668 million available to support businesses through new and existing programs. Massachusetts Growth Capital Corporation (MGCC) will target a portion of these funds to sectors experiencing the most significant economic hardship and a loss of revenue due to the COVID-19 pandemic.

\n\n

These funds were appropriated through the Commonwealth&rsquo\;s Operating Budget for Fiscal Year 2021 (FY21) as well as the CARES Act of 2020. \;
\n
\nWho Should Apply:
\n
\nPreference will be given to the following sectors:
\n
\nPriority Categories:

\n\n\nNon-Priority Categories:\n\n\n \;\n\n

Additional Information: \;
\n
\nThis business relief fund targets the hardest hit small businesses that have an exceptional need of cash relief. Though many businesses have been negatively affected by the pandemic\, not all needs are equal. To ensure that these limited funds get to the most severely impacted businesses\, you \;SHOULD NOT APPLY \;if you:

\n\n\n\n

Additionally\, larger companies that are better positioned to endure this economic downturn and COVID-19 related restrictions should not apply.

\n\n

An excessive number of applications submitted by businesses with lesser need will delay the awarding of grants to businesses facing extraordinary circumstances. An application review for a company without a truly exceptional need delays assistance for a business at risk of permanent closure.

\n LOCATION:Visit the Massachusetts Growth Capital Corporation website by clicking HERE! UID:e.2525.4022 SEQUENCE:3 DTSTAMP:20260502T193021Z URL:https://business.erc5.com/events/details/sector-specific-relief-grant-program-for-massachusetts-small-businesses-4022 END:VEVENT END:VCALENDAR