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New Round of Grants for Eligible Massachusetts Employers

Posted on February 25, 2022

Massachusetts employers may be ​eligible for a new round of grants announced by the Baker administration. As part of the recently signed COVID-19 legislation, the state will provide $75 million through two programs:

  • $25M for the New Applicant Grant Program, a program for small businesses that did not qualify for the prior round of Massachusetts Growth Capital Corporation (MGCC) grants due to a lack of documented revenue loss
  • $50M for the Inclusive Grant Program, a program for businesses that reach underserved markets and historically underrepresented groups, or are minority-, women-, or veteran-owned businesses, or are owned by individuals with disabilities, or who identify as a member of the LGBTQ+ community

The deadline to apply is April 4, 2022. Read more about these programs on MGCC’s website.

AIM encourages members to review other small business support programs offered by MGCC, including Biz-M-Power (a crowdfunding matching grant program) and Empower Digital (a grant program to help businesses do more online), which are offered with Small Business Technical Assistance providers.