• Sat. May 8th, 2021

Massachusetts AG”s Office Announces New Grant Program and Partnership to Provide Relief

Marty Smith

ByMarty Smith

Apr 16, 2020
Massachusetts AG''s Office Announces New Grant Program and Partnership to Provide Relief for Small Businesses During COVID-19 Pandemic

Massachusetts AG”s Office Announces New Grant Program and Partnership to Provide Relief for Small Businesses During COVID-19 Pandemic

(STL.News) – Attorney General Maura Healey has announced two new initiatives to provide financial relief and legal assistance to small businesses impacted by closures and losses as a result of the COVID-19 pandemic.

“This is an incredibly difficult time financially for people across the state – and our small businesses have been hit especially hard,” said AG Healey.  “We hope that these resources will provide some much-needed relief and support to help keep their workforce employed.  We will get through this crisis together.”

The AG’s Small Business Relief Partnership Grant Program will provide funding to municipalities and regional planning agencies who are assisting small businesses in the communities they serve.  Grant funds will be distributed by these organizations to help small business address fixed debt, payroll, accounts payable, lost sales, lost opportunities, and other working capital expenses incurred by the COVID-19 pandemic.  The AG’s Office also recently contributed $50,000 to the City of Boston’s Small Business Relief Fund, which provides financial support to small businesses in Boston.

This grant was funded by settlement funds secured by the AG’s Office.  Grant awards will be issued in varying amounts up to $500,000, and individual requests may not exceed $50,000.  As a condition of receiving the grant, all funds must be distributed directly to small business, and no portion of these funds may be used to defray administrative or operational costs.  Grants will be awarded on a rolling basis until funds are depleted.  For more information, please visit: https://www.mass.gov/service-details/small-business-relief-partnership-grant-program

The AG’s Office also joined a coalition of law firms, nonprofits, and government agencies—led by Ropes & Gray, Lawyers for Civil Rights, and Lawyers Clearinghouse—to launch the COVID Relief Coalition to provide vulnerable businesses and mission-driven organizations with pro bono legal support.  Coalition partners have created a new website that will support the Coalition’s mission by enabling small businesses and nonprofits to learn about and apply for emergency loans and other sources of relief. The website will connect eligible small businesses and nonprofits to free legal support by Coalition partners.

In addition to the AG’s Office, Coalition partners include the City of Boston, Greater Boston Chamber of Commerce, Boston Bar Association, The Boston Foundation, United Way of Massachusetts Bay and Merrimack Valley, Dechert, Fish & Richardson, Foley Hoag, Foley & Lardner, Goodwin, Goulston & Storrs, Mintz, Morgan Lewis and WilmerHale.

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Marty Smith

Marty Smith

Marty Smith is the acting Editor in Chief as well as the founder of STL.News, DirectSourceNews.org, and St. Louis Restaurant Review. Additionally, Smith is the IT Manager responsible for STL.News and affiliate sites. Smith has created multiple aggregator sites to manage the large amount of content used to select which content to published on STL.News. As Editor in Chief, Smith is responsible for the content posted on the network with the help of the publishing team, which is located around the globe.