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Thank You! Law360 (January 5, 2021, 6:15 PM EST)
Wicked Local
BOSTON – Two Wareham businesses and one in Marion have each received $75,000 COVID-19 Small Business grants.
They are Dorothy Cox’s Candies Inc., and the Creative Development Child Center in Wareham, and Accel Materials Inc. in Marion.
Shirley Cox said the grant’s receipt was welcome news for the candy maker that is just eight years shy of reaching 100 years in operation. The company is just coming off the holiday candy rush, and was regrouping. The company hired part-timers to help meet the orders, and currently has about 17 employees. It was down to only four to five over the summer. In the past, it’s had up to 40 employees. The company, located at 8 Kendrick Road, sells retail and wholesale, as well as filling corporate orders.
The money to pay for the program will come, in part, from the flexibility of the new federal stimulus bill passed last week by Congress.
The program awarded 1,158 small businesses its first round of grants last week for a total of nearly $49 million dollars.
Applications are still being taken for businesses to receive grants, according to the administration. Among the businesses being given preference in this round will be restaurants, bars, caterers, food trucks; indoor recreation and entertainment establishments; gyms and fitness centers; event-support companies; personal care services; and independent retailers.
The application for the program closes Jan. 15.
Additional details on the program as well as eligibility and documentation requirements can be found on the Massachusetts Growth Capital Corporation s website.
Special to the Times-Free Press
Last week, the Baker-Polito Administration launched a $668 million program to provide financial assistance to Massachusetts small businesses impacted by the COVID-19 pandemic. The program in part relies on the pending federal COVID-19 relief bill recently passed by Congress. Regardless of the developments at the federal level, the Baker-Polito Administration will start releasing millions in new funding to restaurants, retailers, and other small businesses throughout the Commonwealth as soon as this week.
Earlier this week, the Administration announced nearly $49 million in grants through the Massachusetts Growth Capital Corporation (MGCC) COVID-19 Small Business Program to support over 1,158 small businesses. More than 10,000 applicants had sought relief in this grant round. Additional grants will be made available to eligible small businesses through MGCC.
Reply
Boston – Representative David Linsky (D-Natick) announced last week a $668 million business relief package to be administered by Massachusetts Growth Capital Corporation (MGCC). The business relief package consists of two programs: (1) a recapitalization of the existing small business relief program, which originally launched in October; and (2) additional funding for businesses that fall into specific industry sectors. The COVID-19 pandemic has unfortunately taken a devastating toll on small businesses across the country. This business relief package will help to reduce the economic hardships small businesses in the commonwealth have suffered over the past year said Representative Linsky. I want to thank the MGCC for administrating this relief package that will help businesses across Massachusetts bridge the gap to a post COVID world.