Baker-Polito Administration Awards Another $280,000 in Grants to 5 Bellingham Businesses
Jan 28, 2021 06:00AM ● By Pamela Johnson
State Rep. Mike Soter (left) and MA Governor Charlie Baker
On January 21st, 2021, MA State Representative Mike Soter announced that the Baker-Polito Administration released $37.4 million in awards to 638 additional small businesses in a fourth round of grants through the COVID-19 Small Business Grant Program administered by the Massachusetts Growth Capital Corporation. Restaurants, bars and retail stores, which have been especially impacted during the pandemic, are among the key industries to lead this round. Representative Soter is proud to announce that $280,000 will be distributed to 5 businesses in Bellingham.
To date, the Baker-Polito Administration has awarded more than $232 million in direct financial support to 4,757 small businesses. This funding has been made available through a $668 million business relief fund set up in December, as well as $50.8 million for small and diverse businesses included in the economic recovery package announced in October.
“This grant program has been a lifeline for many businesses across the state. I’m thrilled to see a quick rollout of this program, but our small businesses need more. As we begin a new legislative session, the legislature needs to propose innovative ideas to relieve the burden off the Commonwealth’s businesses and its hard-working individuals,” Representative Soter commented.
Additional grants will be announced in the coming weeks for thousands of additional businesses. Furthermore, the Sector-Specific Small Business Relief Grant Program, a new program also administered by MGCC that targets industries experiencing the most significant economic hardship and a loss of revenue, closed for new applications. MGCC will continue to review applications to both programs, and applicants will be able to review the status of their application through the submittable portal. Award notifications for the sector-specific program will be made in February.
To date, the Baker-Polito Administration has awarded more than $232 million in direct financial support to 4,757 small businesses. This funding has been made available through a $668 million business relief fund set up in December, as well as $50.8 million for small and diverse businesses included in the economic recovery package announced in October.
“This grant program has been a lifeline for many businesses across the state. I’m thrilled to see a quick rollout of this program, but our small businesses need more. As we begin a new legislative session, the legislature needs to propose innovative ideas to relieve the burden off the Commonwealth’s businesses and its hard-working individuals,” Representative Soter commented.
Additional grants will be announced in the coming weeks for thousands of additional businesses. Furthermore, the Sector-Specific Small Business Relief Grant Program, a new program also administered by MGCC that targets industries experiencing the most significant economic hardship and a loss of revenue, closed for new applications. MGCC will continue to review applications to both programs, and applicants will be able to review the status of their application through the submittable portal. Award notifications for the sector-specific program will be made in February.
