Representative Paul K. Frost (R-Auburn), is encouraging small businesses to apply for a grant through the $668 Million Small Business Relief Package recently announced by the Baker-Polito Administration, as part of the ongoing efforts to address the impacts of the COVID-19 pandemic.
Starting Thursday December 31, 2020, an online application portal will open to offer grants of up to $75,000 to be used for employee wage and benefits costs, space-related costs, and debt service obligations. The program, relying partially on the federal COVID-19 bill pending in Congress, is designed to provide relief to some industries in the Commonwealth hit hardest by the pandemic.
Over 1,000 grants totaling nearly $49 million have already been awarded in December, as part of the COVID-19 Small Business Program established earlier in the fall through the Massachusetts Growth Capital Corporation. Qualifying businesses that had applied but did not previously receive a grant will be prioritized as millions in new funding is released in the coming weeks.
Frost commented, “I appreciate this latest initiative from the Baker-Polito Administration during what has been a especially challenging time for many smaller businesses. These grants present a critical source of support for restaurants and bars; indoor recreational and entertainment establishments; photographers, caterers, and other event specialists; retail and personal services – I encourage all local proprietors to visit the program’s website and learn more about eligibility for this important opportunity.”
Please visit www.empoweringsmallbusinesses.org for more information about this process. The application submission period ends on January 15, 2021.