There have been many changes to the Microenterprise Grant Program since it was launched earlier this year.
A Streamlined Application Process and increased Grant Awards (up to $25,000) are two of the major changes local businesses need to know about.
Grant awards of up to $25,000 are available to eligible businesses within those towns that have experienced financial loss due to Covid-19 and the associated shut downs. Eligible businesses must have five employees or fewer (including the owner), must have been in business since March 10, 2020 and must be able to demonstrate revenue loss caused by the pandemic. The business owner’s family income must fall within certain limits. Other eligibility requirements apply.
The grants are made possible through Community Development Block Grant funds (funded by the U.S. Department of Housing and Urban Development through the Federal CARES Act and administered by the Massachusetts Department of Housing and Community Development).
Grant awards will be made on a first-come, first-served basis from applications received that are certified eligible until the funds are exhausted.
To learn more about the Microenterprise Assistance Grant Program go to Town of Webster’s website: Webster-ma.gov - click on the Community Development/Redevelopment Authority link and you will find Webster Regional Microenterprise Program information and application forms.
You can also contact Carol Cyr at the Webster Office of Community Development email@example.com or call 508-949-3800 x 4004