Natick is looking for small for-profit businesses, those with five or fewer employees, to apply for up to $10K apiece from a pool of $300,000. These federal funds are being delivered through the state to help business affected by COVID-19-related revenue losses.
Natick is one of 23 communities distributing funds under the overall $4.95M program, administered by the Massachusetts Growth Capital Corp., and locally by Natick’s Community & Economic Development Department, Economic Development Department, and Natick Center Associates. Natick applied for the funding in early June as part of a regional consortium of 17 communities, led by Ashland.
Certain types of businesses, including real estate rentals and weapons businesses, are not eligible. Other rules apply as well.
(If pickings are slim, Natick can certainly look no further than right here: We launched Natick Report on April 1 while staring into the teeth of COVID-19. We’re not technically based in Natick…but so close, and our publication’s focus is purely on Natick.)
If interested in the grant opportunity, reach out to Ted Fields, Senior Planner, Town of Natick, at 508-647-6450 or email@example.com
Applications will be available in coming weeks.