June 23, 2024

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Business is my step

Springfield business receiving modest enterprise grant

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SPRINGFIELD, MA (WGGB/WSHM) — Very good information tonight for tiny enterprises in Massachusetts, the Baker-Polito administration awarded $49 million to compact retailers through the COVID-19 compact business enterprise grant application.

Springfield small business acquiring compact organization grant

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Extra than 1,000 small organizations will be acquiring these grants, which include just one right listed here in western Mass. Western Mass News caught up with Surdoue Boutique in Springfield which is one particular of the blessed kinds getting funded.

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Governor Charlie Baker introduced Monday 1,158 little firms in the point out will be getting grants.

“Our administration by means of the M.G.C.C. has spent weeks reviewing purposes to make certain the funding achieved the greatest-need to have compact firms,” Baker stated.

This arrived immediately after much more than 10,000 modest firms to begin with applied for resources, like Surdoue Boutique in Springfield, which was closed for six months in advance of reopening in August.

“With this grant, it can be heading to genuinely aid us as far as having to pay our expenditures,” Surdoue Boutique Owner Lisa Goodman explained.

Goodman said she is grateful for the support as foot targeted visitors has slowed down once again, because of to increasing instances.

The clothes retail outlet is remaining specified $25,000 to assistance them get by. The grant dollars ranges by small business in price from $5,000 to $75,000.

“A single hundred p.c of the recipients are minority-owned, ladies-owned, veteran-owned, LGBTQ-owned, or owned by people today with disabilities,” Baker said.

Baker recently signed an supplemental $17.5 million for the tiny enterprise grant method, along with $9 million for small company complex support and grants for 2021.

Officials stated modest businesses that did not receive awards in the to start with round do not want to reapply, and no new purposes will be approved.

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