February 16, 2025

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Business is my step

Smaller organization grants awarded from the point out

2 min read

BOSTON, MA (WGGB/WSHM) — The Baker-Polito administration declared that virtually $49 million is anticipated to be awarded by means of the COVID-19 modest business grant system.

Modest enterprises grants awarded from the state

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Governor Charlie Baker declared 1,158 smaller organizations will be obtaining grants from the point out. This arrived following additional than 10,000 smaller businesses originally applied for cash.

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Western Mass News combed through the checklist of small corporations acquiring grant funds from the state this time all-around. The grant cash ranges in worth from $5,000 to $75,000.

Every accomplished application obtained from a skilled minority-owned business that has not been capable to receive prior support from federal, point out, or local programs supporting organizations all through the pandemic will also be receiving relief.

Baker explained although there are numerous companies to assistance, it truly is a precedence to start with the types who might need to have it most.

“Our administration via the M.G.C.C has spent weeks reviewing purposes to make positive the funding reached the best-need to have smaller companies,” Baker claimed. “A single hundred % of the recipients are minority-owned, girls-owned, veteran-owned, LGBTQ-owned, or owned by men and women with disabilities.”

Baker just lately signed the fiscal 12 months 2021 funds which included an more $17.5 million for the smaller business grant software. The budget also has $9 million for small enterprise technological assistance and grants.

Officers mentioned tiny organizations that did not receive awards in the to start with spherical do not will need to reapply, and no new applications will be acknowledged.

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