To help the Commonwealth’s small businesses, the Baker-Polito Administration announced a new financial assistance program (link to press release).
The Mass. Growth Capital Corporation (MGCC) is administering the state’s Sector-Specific Relief Grant Program for Massachusetts Businesses, which seeks to award grants to businesses in need of financial support due to COVID-19 pandemic related loss of income.
The industry sectors given preference for this program include:
- Restaurants and bars
- Indoor recreation or entertainment establishments
- Gyms or fitness centers
- Personal services
- Event support professionals
- Brick-and-mortar retailers
Applications are due January 15, 2021. For details go to: https://www.empoweringsmallbusiness.org/covid-19-response/sector-specific-relief-grant-program-massachusetts-businesses