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Grants for $78 Million Available for Pandemic-Hit Small Businesses

You are currently viewing Grants for $78 Million Available for Pandemic-Hit Small Businesses
  • Post category:News

Grants providing some $78 million in awards are going to 1,595 additional small businesses. These are part of the COVID-19 Small Business Grant Program.

Governor Charlie Baker held a press conference in Boston this week. There he spoke recently hailing the new round of financial assistance. These are for small businesses in Massachusetts. They are impacted by the coronavirus pandemic. Held late last week, Baker said he hoped the funds would tide them over until economic activities normalize.

Grants for Qualified Small Businesses

This pandemic has definitely impacted small businesses in the Commonwealth of Massachusetts, Baker said. It’s our wish that people who qualify for these grants will have an opportunity to apply to receive some of the support. This will make the program can make available.

In fact, we do believe it will be a big part of what helps them gets through the very tough times we’re now in. To get past this curve and into the world, we hope will come when we finally get the vaccine fully distributed, he said.

Governor Charlie Baker Thinks COVID-19 Vaccines will Life Back on Track as we Knew it

The coming Summer, according to Baker, should therefore look a lot different from last summer, he believes, as more people receive COVID-19 vaccines.

Grants Focus on Retailers, Restaurants and Woman-Owned Businesses

In fact, this is the third round of awards which are the grants from the program. They focus on independent retailers, restaurants, and women-owned businesses, among others.

The business owners that apply for the grants can use the funds to pay for employees, rent, debt and other business expenses.

Grants Going to Small Businesses in Thousands

Moreover, the administration has awarded nearly $195 million in direct financial support to 4,119 small businesses through the program in total.

Therefore, continuing to grapple with the surge of COVID-19 cases across the state, these remarks addressing the dire situation.

Growing COVID-19 Cases

There are 5,278 new confirming Corona Virus cases as of Wednesday last week as the daily death toll topped 13,000.

In fact, there were 86 new fatalities reported as well. These were by the Department of Public Health which brings the total to 13,082 confirmed deaths. Confirmed COVID-19 cases reported in total are 427,752.

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