New MA Grant funding applications open until November 12

Date: October 22, 2020

Businesses with fewer than 50 employees may apply

The Baker Administration announced nearly $51 million in grant money for Massachusetts small businesses impacted by the pandemic.

Businesses with 5 or fewer workers can apply for grants of up to $25,000. Businesses with 50 employees or fewer can apply for grants of up to $75,000.

Grants for businesses of 5 employees or fewer can be used for business costs such as rent, staffing, utilities, technical assistance, and PPE. Businesses with 50 or fewer employees can use funds for employee payroll, benefits, rent, utilities, and other debt obligations.

The application period opens October 22 and will close on November 12. For additional details of eligibility requirements or to apply visit: https://www.empoweringsmallbusiness.org/covid-19-response/covid-19-grants-massachusetts-small-businesses.

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