News Flash

Posted on: May 26, 2021

Are you Looking For Skilled Labor?

Rapid Re-employment

The Workforce Skills Cabinet and Commonwealth Corporation
have launched a Rapid Reemployment Program to fund and
scale up existing training vendors; giving them the resources to
upskill workers faster—and fill your vacancies!

Additional Info... Economic Development
Posted on: May 20, 2021

Last Call: Administrator Guzman Announces Final Push for Restaurant Revitalization Fund Applications

RRF Last Call

Qualifying eating establishments should submit applications by the May 24th deadline

More Information Economic Development
Posted on: May 4, 2021

SBA Webinar: Pandemic Relief Options for Small Businesses

SBA Webinar

Join SBA on Wednesday, May 5, 2021 from 10:00 AM to 11:30 AM to Learn More about Pandemic Relief Options for your Small Business.

Additional Info... Economic Development
Posted on: April 27, 2021

Restaurant Revitalization Fund Application Portal

RRF portal

Register and Apply through the SBA

Additional Info... Economic Development
Posted on: April 23, 2021

Shuttered Venue Operators Grant Application Portal Will Reopen On Saturday, April 24!

SBA Announcement

Interested applicants should register for an account in advance at: https://www.svograntportal.sba.gov

Additional Info... Economic Development
Posted on: April 20, 2021

SBA Announces New Details for Restaurant Revitalization Fund

Restaurant Revitalization Fund

Ahead of the application launch and over the next two weeks, SBA will establish a 7-day pilot period for the application portal. SBA and district offices across the country will conduct extensive outreach to small businesses interested in applying.

Additional Info... Economic Development
Posted on: April 5, 2021

SBA's Shuttered Venue Operators Grant application portal is set to open Thursday, April 8, 2021

SBA Announcement

Sign up to be notified when the portal opens:  https://www.svograntportal.sba.gov  
Go to https://www.sba.gov/svogrant for a preliminary application checklist, answers to frequently asked questions, and more.
Read on...

Additional Info... Economic Development
Posted on: March 30, 2021

SBA Administrator Isabella Casillas Guzman’s Statement on President Biden signing the PPP Extension

SBA Announcement

BREAKING:
President Joe Biden
signed the #PaycheckProtection Extension Act into law, extending the program to May 31.
Learn how to apply for a first or second draw PPP loan: https://www.sba.gov/ppp
Explore all of SBA's pandemic relief options: h...
Read on...

Additional Info... Economic Development
Posted on: March 29, 2021

UPCOMING GRANT OPPORTUNITY: Restaurant Revitalization Program

SBA Announcement

Restaurant Revitalization Program is a 28.6 billion grant program for restaurants administered by the U.S. Small Business Administration is coming soon.
Businesses can receive up to $5 Million grants, up to $10 million grants for restaurant groups.

Additional Info... Economic Development
Posted on: March 25, 2021

SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans

SBA EIDL Announcement

Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months of economic injury with a maximum loan amount of $500,000.

Additional Info... Economic Development
Posted on: March 18, 2021

Baker-Polito Administration Announces Transition to Phase IV of Reopening Plan

phase 4

Massachusetts will advance to Step 1 of Phase IV on March 22; Replaces Travel Order with Travel Advisory

Additional Info... Economic Development
Posted on: March 15, 2021

SBA Extends Deferment Period for all COVID-19 EIDL and Other Disaster Loans until 2022

SBA Announcement

SBA announced extended deferment periods for all disaster loans, including the COVID-19 Economic Injury Disaster Loan (EIDL) program, until 2022.

Additional Info... Economic Development
Posted on: February 25, 2021

Baker-Polito Administration Announces Plans for Continued Reopening

MA

MA will advance to Step 2 of Phase III on March 1; Phase IV planned to start March 22

Additional Info... Economic Development
Posted on: February 23, 2021

Paid Family and Medical Leave Information

DFML

PFML is here. Whether you’re a Massachusetts worker, employer, or health care provider, find all the information you need to get started.

Additional Info... Economic Development
Posted on: February 22, 2021

Coronavirus (COVID-19): Small Business Guidance & Loan Resources

SBA Guidance

Health and government officials are working together to maintain the safety, security, and health of the American people. Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy.

Additional Info... Economic Development
Posted on: February 22, 2021

Employee Retention Tax Credit Facts and Resources

Employee Tax Credit

If you are a small business owner, you may be eligible to take advantage of the recently expanded Employee Retention Tax Credit (ERTC). This refundable, advanceable tax credit is available for wages paid in 2020 and in the first two quarters of 2021.

Additional Info... Economic Development
Posted on: February 1, 2021

Public Mural Feedback Requested

Public Mural Survey

Take the survey now. The intention is to create an application process for interested artists and/or commercial property owners.

Additional Info... Economic Development
Posted on: January 8, 2021

SBA and Treasury Announce PPP Re-Opening; Issue New Guidance

PPP

The SBA, in consultation with the Treasury Department, announced that the Paycheck Protection Program (PPP) will re-open the week of January 11, 2021 for new borrowers and certain existing PPP borrowers.

Additional Info... Economic Development
Posted on: January 7, 2021

Baker-Polito Administration Announces Extension of Capacity and Gathering Limits

Capacity Limits for Most Industries, Gathering Limits Extended Until at Least January 24

Additional Info... Economic Development
Posted on: December 15, 2020

SBA COVID-19 Economic Injury Disaster Loan Update

Applicant has up to 6 months to request reconsideration. Send reconsideration requests to:

 E-mail:

pdcrecons@sba.gov

 Mail:

U.S. Small Business Administration Disaster Assistance Processing and Disbursement Center

14925 Kingsport Road

Fort Wo...

Read on...

Additional Info... Economic Development
Posted on: November 10, 2020

Lowell Shopping Network

Lowell Shopping Network

The Greater Lowell Chamber of Commerce in partnership with the City of Lowell’s Economic Development Office, Lowell TeleMedia Center (LTC), the Lowell Plan, EforAll and the Entrepreneurship Center at CTI is thrilled to launch the Lowell Shopping Network!

Additional Info... Economic Development
Posted on: November 12, 2020

Application Extension: COVID-19 Grants for MA Small Businesses

COVID-19 Grant

The Massachusetts Growth Capital Corp (MGCC) has extended their application deadline to 11/17/2020 at 11:59pm.

Additional Info... Economic Development
Posted on: November 2, 2020

Baker-Polito Administration Announces Targeted Measures To Curb Rising COVID-19 Cases, Hospitalizati

Early Business Closures, Revised Gatherings, Mask Orders Announced to Disrupt Growth of COVID-19 Cases

Additional Info... Economic Development