Empowering Small Business
MGCC drives inclusive economic growth through access to alternative funding, resources, and individualized services to identify and structure solutions tailored to each small business in Massachusetts.
COVID-19 Recovery Grant Programs
The Commonwealth of Massachusetts provides grant funding to support small businesses negatively impacted by the pandemic. Below are the current grant programs offered.
Hotel & Motel Relief Grant Program
$75,000,000 available to hotels and motels negatively impacted by the pandemic, awarding grants up to $2,000,000 per property.
Movie Theater Grant Programs
$3,000,000 available to support movie theaters in the Commonwealth negatively impacted by the pandemic.
Inclusive Recovery Grant Program
$75,000,000 available to support small businesses negatively impacted by the COVID-19 pandemic.
The application period is now closed for this program.
Applicants can view the status of their application through the submission portal.
Funding Solutions
A small step can make a big impact on your business. Learn more about what MGCC has to offer.
FOR BUSINESSES
Offering creative lending solutions to businesses including term loans, lines of credit, contract financing and guarantees
Financing from $5,000 to $50,000
FOR BUSINESSES
A crowdfunding matching grant
Funding to help businesses improve their digital capabilities
FOR ECON. DEV. NONPROFITS
Small Business Technical Assistance
Supporting essential resources for small business growth
A matching grant for non-profit, community-based lenders
Let's Work Together
To accomplish our mission, MGCC partners with local banks and lending institutions, community development corporations, and other nonprofit organizations to finance projects that support jobs and economic development throughout the Commonwealth.
Reach out to us and explore the ways that we can help.