[February 24, 2022] Governor Baker announced yesterday that the Commonwealth of Massachusetts has made $75,000,000 available to support small businesses negatively impacted by the COVID-19 pandemic. These funds will be administered through two different grant programs, the New Applicant Grant Program and the Inclusive Grant Program, are being provided through the Massachusetts Growth Capital Corporation. 

Applications for each grant program will be accepted now through Monday, April 4, 2022 and will award grants ranging from $10,000 to $75,000. Eligible uses of these funds include the following:

• Employee payroll benefits costs
• Interest on other debt obligations incurred after March 3, 2021
• Cost to pivot company due to COVID-19 pandemic 
• Business mortgage or rent and utilities

For more information about each grant program, visit the links below:

New Applicant Grant Program

Inclusive Grant Program