New MGCC Business Grant Opportunities

The Commonwealth of Massachusetts has made $75 million 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. 

For more information visit the links below or contact Michele Kenney, Economic Development Coordinator at michele@hilltowncdc.org or 413-354-1055

New Applicant Grant Program

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This program was created to provide $25,000,000 in support of businesses negatively impacted by COVID-19 that have not previously received financial relief from MGCC’s COVID-19 Relief Grant Programs.

Inclusive Grant Program

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This program has $50,000,000 available to businesses that focus on reaching markets predominantly made up of socially and economically disadvantaged and historically underrepresented groups, underserved markets, and those owned by minorities, women, veterans, disabled individuals, or those that identify as part of the LGBTQ+ community.

APPLICATION PERIOD

Both programs follow the same timeline:

February 23, 2022 - Applications Open

April 4, 2022 - Applications Close

GRANT AMOUNTS

Both programs will award grants ranging from:

$10,000 - $75,000

ELIGIBLE USE OF GRANT FUNDS

Both programs have the same options:

• Employee payroll and 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