$75M in New State Small Business Grants

The Commonwealth of Massachusetts has made $75,000,000 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. Both programs will award grants ranging from $10,000 - $75,000. Applications close April 4, 2022.

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

This program is for 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.

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
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