Business Grant Applications Due January 15, 2021

he Commonwealth of Massachusetts has made an additional $668 million available to support businesses through new and existing programs. Massachusetts Growth Capital Corporation (MGCC) will target a portion of these funds to sectors experiencing the most significant economic hardship and a loss of revenue due to the COVID-19 pandemic.

Who Should Apply:

Preference will be given to the following sectors:

• Restaurants, bars, caterers, and food trucks that collect and remit meals tax
• Indoor Recreation or Entertainment Establishments
  • Indoor entertainment establishments (e.g. movie theaters, comedy clubs, performing arts venues/organizations)
  • Indoor recreation (e.g. arcades, bowling centers, pool/billiard halls, escape-the-rooms, trampoline parks, roller-skating rinks)
  • Indoor spectator sports venues
  • Other indoor recreation or entertainment venues
• Gyms or Fitness Centers
  • Gyms, athletic clubs, exercise centers, health clubs
  • Sports facilities (e.g. tennis clubs, racquetball clubs, hockey rinks, swimming facilities)
  • Fitness instruction centers (e.g. aerobics, dance, yoga, karate, etc.)
  • Other gyms or fitness centers
• Personal Services
  • Nail salons, barber shops, etc.
  • Independent pharmacies 
• Event Support Companies - primary source (more than 50%) of revenue is event-related
  • Photography studios, videography studios, florists, limo services, event planning companies, event rentals, performers, convention and trade show organizations
• Independent Retailers
  • Businesses with brick and mortar locations that collect and remit sales tax

Timeline:

12/31/2020 at 12:00 PM – Application opens.

01/15/2021 at 11:59 PM – Application closes.

To apply or find out more click here.