State Awards Another $78.5 Million to 1,595 Businesses Impacted by Pandemic
The Baker-Polito administration announced $78.5 million in awards to 1,595 additional small businesses in the third round of grants through the COVID-19 Small Business Grant Program administered by the Massachusetts Growth Capital Corp. (MGCC). To date, the administration has awarded close to $195 million in direct financial support to 4,119 small businesses out of a $668 million fund set up to support small businesses across the Commonwealth. Additional grants will be announced in the coming weeks for thousands of additional businesses.