**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.** These funds were appropriated through the Commonwealth’s Operating Budget for Fiscal Year 2021 (FY21) as well as the CARES Act of 2020. Additional Information: Additionally, larger companies that are better positioned to endure this economic downturn and COVID-19 related restrictions should not apply. 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.Sector-Specific Relief Grant Program for Massachusetts Small Businesses
Description
The 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.
Who Should Apply:
Preference will be given to the following sectors:
Priority Categories:
Non-Priority Categories:
This 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:
Sector-Specific Relief Grant Program ...