Small Business Resources
Massachusetts Growth Capital Corporation: The legislature approved $75 million in grant funding for small businesses through federal ARPA funds. Applications for grants administered by the Massachusetts Growth Capital Corporation are open through 4/4/2022. To apply, visit http://EmpoweringSmallBusiness.org
Massachusetts WorkShare Program: This program supports employers and workers by providing an alternative to layoffs through reducing the hours of employees and using unemployment benefits to supplement lost wages. To learn more, visit https://www.mass.gov/workshare-for-employers.
Federal Disaster Loans: The U.S. Small Business Administration (SBA) offers low-interest federal disaster loans for working capital to Massachusetts small businesses suffering from losses as a result of the Coronavirus. The disaster declaration makes SBA assistance available in the entire state of Massachusetts and the contiguous counties in neighboring states.
To apply for aid or receive additional disaster assistance information, please consult https://disasterloan.sba.gov/ela. You can also contact the SBA’s Customer Service Center at (800) 659-2955 or email firstname.lastname@example.org for more information on SBA disaster assistance. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339.
Completed applications should be mailed to:
U.S. Small Business Administration
Processing and Disbursement Center
14925 Kingsport Road
Fort Worth, TX 76155