Baker-Polito Administration Awards $31 Million in COVID Grants to 710 Businesses

In full transparency, the following is a press release from the Baker-Polito administration submitted to SOURCE media

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BOSTON – The Baker-Polito Administration announced today, March 18, approximately $31 million in awards for 710 additional businesses in the 10th round of COVID relief grants administered by the Massachusetts Growth Capital Corporation (MGCC).

As in prior rounds, each grant recipient meets sector or demographic priorities set for the grant programs administered by MGCC. 

With the addition of this round of grants, the Administration has awarded over $633 million in direct financial support to 14,056 businesses across the Commonwealth. 

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Grants for this round were awarded to 327 minority-owned, and 293 women-owned, businesses; 240 recipients are located in Gateway Cities, and 245 businesses awarded grants have not received any prior aid.

Additionally, MGCC will soon be announcing the availability of funding to support small business technical assistance and community development financial institutions. 

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