THE REVERE ADVOCATE – FRIDAY, FEBRUARY 5, 2021 Page 11 More than $45M in grants awarded to 1,100 small businesses G overnor Charlie Baker, Lt. Governor Karyn Polito and Secretary of Housing and Economic Development Mike Kennealy recently announced an additional $45.3 million in grants to 1,100 small businesses in the fi fth round of awards through the COVID-19 Small Business Grant Program administered by the Massachusetts Growth Capital Corporation (MGCC). Among the key industries most impacted by the pandemic, restaurants, bars and retail stores comprise the leading groups to receive grants. To date, the Baker-Polito Administration has awarded more than $277 million in direct fi nancial support to 5,857 small businesses. This funding has been made available through a $668 million business relief fund set up in December 2020, as well as $50.8 million for small and diverse businesses included in the economic recovery package announced in October of last year. Additional grants will be announced in the coming weeks for thousands of additional businesses. “Our administration remains committed to supporting the needs of businesses as we continue to navigate the pandemic and its economic impact,” said Baker. “We are pleased to award this latest round of grants to help a total of more than 5,800 small businesses cover expenses like payroll, rent and utilities, and look forward to getting more funding into the hands of small businesses across the Commonwealth as soon as possible to support their recovery.” “Our small businesses have been challenged throughout this crisis, and each has played an important role in stopping the spread of this deadly virus,” said Polito. “Since the fi rst applications came in for relief, we have been working to prioritize the small business owners that need the help the most, and I am proud to see so many woman-owned businesses, as well as priority sectors, included in this round of grant awards.” “Prior to the pandemic, our administration had already identifi ed opportunities to enhance access to capital, space, and networks for women- and minority-owned businesses, and our work today is aimed at ensuring that these enterprises make it to the other side of this crisis,” said Kennealy. “MGCC will continue to expertly administer both of these grant programs to provide cash assistance to struggling businesses, as well as partner with organizations across Massachusetts helping these businesses tap into new federal resources.” Separate from this round of small business grants, MGCC continues to review applications submitted for its Sector-Specific Small Business Relief Grant Program. Based on the success of MGCC’s fi rst grant program targeting small businesses, the sector-specifi c program targets businesses in the industries experiencing the greatest economic hardship, regardless of employee headcount. The industries that will be given preference in the new program include: • Restaurants, bars, caterers and food trucks • Indoor recreation and entertainment establishments • Gyms and fi tness centers • Event-support companies (photographers, videographers, etc.) • Personal services (nail salons, barbershops, independent pharmacies, etc.) • Independent retailers Sector-specifi c applicants are GRANTS | SEE Page 15 Oil Burner Service • Oil Filter • Cleaning • Tune-Up $140 Call 781-324-2770 Lynda T’s HUGE New & Used Clothing Sale 180 Central St., Saugus Every Friday, Saturday & Sunday from 8 AM - 3 PM name brand clothing for men, women & children! * Under Armour * Ann Taylor * Timberland * North Face * New Shoes * Used Tools * Beer Taps All at HUGE Discount Prices! AUTOTECH 1989 SINCE CA$H FOR YOUR CAR! DRIVE IT - PUSH IT - TOW IT! Cold Hard Cash For Your Car, Truck or SUV! 2013 KIA SORRENTO 4X4 Remote Start, Third Row Seating, Premium Sound System, One Owner, Only 73K Miles, One Owner, Warranty! PRICE REDUCED! $10,500 Easy Financing Available! 2013 HYUNDAI SANTA FE Sport Package, 4X4, Leather Interior, Loaded, One Owner, 105K Miles, Excellent Condition, Warranty! PRICE REDUCED! $10,500 781-321-8841 1236 EasternAve • Malden EddiesAutotech.com We Pay Cash For Your Vehicle!
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