September 8 2020

Burlington Secured $120,000 to Support Businesses with Five Employees or Fewer

By: BNEWS

The Town of Burlington has secured funds to help the smallest businesses in town. 

 

According to Burlington Economic Developer Melisa Tintocalis, the town has partnered with the Massachusetts Growth Capital Corporation (“MGCC”) to provide grants to micro-enterprises adversely impacted by COVID-19. Businesses interested in applying must fill out the online application only, which are due by September 25th.

 

Applications are available here

 

The grant is part of the federally-funded CARES Act of 2020 and the funding is being utilized to address emergency needs in light of the Coronavirus pandemic, Tintocalis explained. 

 

Burlington is among a select number of communities to offer individual grants of up to $10,000 for micro-enterprise businesses in need of assistance. A microenterprise is defined as a commercial enterprise that has five or fewer employees, one or more of whom owns the enterprise and must be a for-profit entity. The Town of Burlington’s Economic Development Office will be receiving approximately $120,000 to support small businesses in the community.

 

A total sum of $4,950,000 will be distributed from the Department of Housing & Community Development to assist small businesses in 23 cities and towns across the Metropolitan Boston Region, including Burlington. The other communities that are part of this coalition include: Ashland, Beverly, Canton, Concord, Dedham, Essex, Lexington, Manchester by the Sea, Marlborough, Melrose, Milton, Natick, North Reading, Norwood, Randolph, Reading, Sharon, Southborough, Stoneham, Watertown, Winchester or Woburn.

 

For questions, contact Economic Development Director Melisa Tintocalis at 781-505-1186 or mtintocalis@burlington.org


 

 
Web Design by Polar Design