The Commonwealth of Massachusetts announced $50.8 million in grants available to support Massachusetts small businesses, microenterprises, and their employees, families and communities. Massachusetts Growth Capital Corporation (MGCC) will be administering these funds, available to businesses with fifty (50) employees or fewer experiencing economic hardship and a loss of income due to the COVID-19 pandemic.
There are 2 programs. Businesses with 5 or fewer employees should review both before determining which program is best.
- Small Business Grants for 5 or fewer employees (up to $25,000)
- Small Business Grants for 50 or fewer employees (up to $75,000)
Deadline to apply is Thursday, November 12 at 12PM. For more information, visit MCGC’s website.