Baker-Polito Administration Announces $668 Million Small Business Relief Package
The Baker-Polito Administration launched a $668 million program to provide financial assistance to Massachusetts small businesses impacted by the COVID-19 pandemic. The program in part relies on the pending federal COVID-19 relief bill recently passed by Congress. Regardless of the developments at the federal level, the Baker-Polito Administration will start releasing millions in new funding to restaurants, retailers, and other small businesses throughout the Commonwealth as soon as next week.
Rise Up Cambridge Gives Relief to Families
Through Rise Up, Cambridge became the first city in the nation to introduce a non-lottery program to provide direct cash assistance to all eligible families. Ultimately, the City was focused helping families with children to meet their basic needs.
New Lease Rent Relief Grant
The New Lease Rent Relief Grant offers funds to assist with Cambridge small businesses with commercial rent. The goal of this program is to help fund small businesses in revitalizing commercial districts left with vacant storefronts due to the COVID-19 pandemic and its effects.