Info On NA Microenterprise Assistance Program & COVID-19 Grants For Mass Small Businesses
If you are a small business or a Microenterprise one these could help you and your business During these tough times. Both of these programs have already started but you still have time to get your applications in.
NORTH ADAMS MICROENTERPRISE ASSISTANCE PROGRAM
Applications to the program opened Thursday, October 15, 2020, at 12:00 p.m., and applications for the first round of funding are due by 5:00 p.m. Monday, November 2, 2020. The application and supporting information is available on the Franklin County CDC website. To view a pre-recorded information session about the program, copy or click the link below and enter the passcode u+Y=d1V1.
(Note that this is a separate program from the city's Microenterprise Assistance Program (NAMSP) presented in collaboration with the Franklin County CDC.)
COVID-19 GRANTS FOR MASSACHUSETTS SMALL BUSINESSES
The Commonwealth of Massachusetts has made $50.8 million in grants available to support small businesses, microenterprises, and their employees, families and communities. Massachusetts Growth Capital Corporation (MGCC) will be administering these funds to businesses experiencing economic hardship and a loss of income due to the COVID-19 pandemic.
These funds were appropriated through the Commonwealth’s Supplemental Budget for Fiscal Year 2021 (FY21) as well as the CARES Act of 2020 and are divided into two programs.
Grant funding is intended to help businesses adversely impacted by the pandemic. Preference will be given to small businesses whose owners are women, minorities, veterans, members of other underrepresented groups, who are focused on serving the Gateway Cities of Massachusetts, and those most negatively impacted by the COVID-19 pandemic. Preference will also be given to applicants that have not been able to receive aid from other federal programs related to COVID-19.
11/12/2020 at 12:00 PM – Application closes.
Applicant Eligibility: Each program encompasses its own eligibility criteria. Applicants must review the information to determine which program to proceed with applying:
READ MORE: See how some companies are changing their businesses to combat COVID-19
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