• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • HOME
  • NEWS+OPINIONS
    • NEWS TO US
    • COLUMNS
      • APPARENT HORIZON
      • DEAR READER
      • Close
    • LONGFORM FEATURES
    • OPINIONS
    • EDITORIAL
    • Close
  • ARTS+ENTERTAINMENT
    • FILM
    • MUSIC
    • COMEDY
    • PERFORMING ARTS
    • VISUAL ARTS
    • Close
  • DINING+DRINKING
    • EATS
    • SIPS
    • BOSTON BETTER BEER BUREAU
    • Close
  • LIFESTYLE
    • CANNABIS
      • TALKING JOINTS MEMO
      • Close
    • WELLNESS
    • GTFO
    • Close
  • STUFF TO DO
  • TICKETS
  • ABOUT US
    • ABOUT
    • MASTHEAD
    • ADVERTISE
    • PRIVACY POLICY
    • Close
  • BECOME A MEMBER

Dig Bos

The Dig - Boston's Only Newspaper

CITY OF BOSTON WILL REPLENISH SMALL BUSINESS RELIEF FUND

Written by SHIRA LAUCHAROEN Posted January 21, 2022 Filed Under: News, News to Us, NEWS+OPINIONS

The fund is meant to assist businesses with recovery expenses and help them grow beyond the pandemic


Mayor Michelle Wu announced on Jan. 18 that the City will contribute $5 million to the Small Business Relief Fund 2.0. The funds are intended to support a new 300, local, small businesses across Boston. Applications will become available in February. In addition, the City will partner with small business organizations “to provide technical assistance and long term planning support,” beyond the grant. The Relief Fund was initially launched in April 2020 and was relaunched in Sept. 2021. So far, the Small Business Relief Fund has issued more than $7.5 million in grants to 519 businesses.

“Our small businesses are still struggling from this prolonged pandemic and need continued support. I’m grateful to Chief Idowu and our state and community partners for working quickly to identify potential resources for neighborhood small businesses as we work to build a thriving, inclusive and equitable economy,” said Wu. “The fund’s grants and technical assistance will help small business owners continue to serve their communities and plan ahead as we work to end the ongoing COVID surge.”
“These funds provided the much needed support for our small businesses to not only aid in their recovery, but invest in their long-term growth,” said Segun Idowu, chief of Economic Opportunity and Inclusion. “Replenishing these funds is an important step in ensuring that our businesses are able to keep their doors open as we recover from the pandemic and rebuild our economy.” 
Businesses can apply for two types of grants:
  • Relief Grant: up to $10,000 to support outstanding debts for rent/mortgage payments, inventory, payroll, or fixed expenses.
  • Growth Grant: up to $10,000 to support business growth through tools, technology, materials, personnel, or other costs associated with investing in the growth of their business.

Restaurants have been hard hit during this stage of the pandemic, as described in Marc Hurwitz’ Dig article. Businesses interested in learning more can find information at this link.

SHIRA LAUCHAROEN

Shira Laucharoen is a reporter based in Boston. She currently serves as the assistant director of the Boston Institute for Nonprofit Journalism. In the past she has written for Sampan newspaper, The Somerville Times, Scout Magazine, Boston Magazine, and WBUR.

Related posts
  • SHIRA LAUCHAROEN
    https://digboston.com/author/shira-laucharoen/
    AG MAURA HEALEY SPEAKS OUT ON ABORTION BANS
  • SHIRA LAUCHAROEN
    https://digboston.com/author/shira-laucharoen/
    ABILITIES DANCE PRESENTS WORLD PREMIERE OF "INTERSECTIONS"
  • SHIRA LAUCHAROEN
    https://digboston.com/author/shira-laucharoen/
    ROYALL HOUSE AND SLAVE QUARTERS HOSTS "ABOLITIONISTS IN ACTION"
  • SHIRA LAUCHAROEN
    https://digboston.com/author/shira-laucharoen/
    "STAND WITH UKRAINE THROUGH FILM" AT COOLIDGE CORNER

Filed Under: News, News to Us, NEWS+OPINIONS Tagged With: business, COVID, fund, Politics, relief, restaurant

WHAT’S NEW

State Wire: Wraparound Services Spotlighted For Community Action Month

State Wire: Wraparound Services Spotlighted For Community Action Month

Diabetes Researcher Claims She Was Unlawfully Denied Entry To US

Diabetes Researcher Claims She Was Unlawfully Denied Entry To US

Inbox: "Reformers Vow To Press For Changes In the Massachusetts Democratic Party"

Inbox: “Reformers Vow To Press For Changes In the Massachusetts Democratic Party”

MA Lawmakers, Advocates Say Steps Needed To Tackle Ghost Guns

MA Lawmakers, Advocates Say Steps Needed To Tackle Ghost Guns

"Spotted Lanternfly, back_2017-06-16-16.50" by Sam Droege is marked with Public Domain Mark 1.0

Invasive Spotted Lanternfly Alert!

Morale Violation: Whistle-Blowers Report Culture Of “Retaliation,” “Nepotism” At Parole Agency

Morale Violation: Whistle-Blowers Report Culture Of “Retaliation,” “Nepotism” At Parole Agency

Primary Sidebar

FEATURED EVENT

Most Popular

  • Morale Violation: Whistle-Blowers Report Culture Of “Retaliation,” “Nepotism” At Parole Agency
  • We Turned the North End Restaurant Lawsuit Against Mayor Wu Into a Musical
  • Do You Want To Work For the Massachusetts Cannabis Control Commission?
  • Inbox: Red Bull Cliff Diving Returns To Boston Waterfront
  • How Long Can Major Cannabis Cultivators Sustain Massive Indoor Grows In Mass?

CURRENT STREET EDITION

DIG 24.08 – 04/21/22

Footer

Social Buttons

DigBoston facebook DigBoston Twitter DigBoston Instagram

Masthead

About

Advertise

Privacy Policy

Customer Service

Distribution

About Us

DigBoston is a one-stop nexus for everything worth doing or knowing in the Boston area. It's an alt-weekly, it's a website, it's an e-mail blast, it's a twitter account, it's that cool party that you were at last night ... hey, you're reading it, so it's gotta be good. For advertising inquiries: [email protected] To reach Editorial: [email protected] For internship opportunities: [email protected]