Deadline
Applications are accepted on a rolling basis.
Who is Eligible
This program is for small Massachusetts businesses experiencing emergency cash flow needs as a result of the COVID-19 pandemic. Your business must have been in operation for a minimum of 2 years, and applicants must provide documents required (additional information about specific documents required will be shared soon). LISC employees and businesses owned or managed by LISC employees are not eligible to apply. Funding priority will be given to minority and women-owned businesses and small businesses that are the lifeblood of low-income communities throughout the Commonwealth.
Currently, grants are only available for for-profit businesses. We understand the critical need for funding for nonprofit organizations as well and we are advocating and actively fundraising for those resources to be made available soon.
Details
The LISC Small Business Recovery Grant Program for Massachusetts will provide grants to hard-hit small businesses in Massachusetts to weather the immediate financial impact of closures and social distancing measures required to slow the spread of the coronavirus.
LISC will offer grants of up to $10,000 to address immediate financial peril, limit layoffs, avoid gaps in employee benefits or insurance, mitigate economic instability and increase the likelihood of business survival. Launched with seed funding provided by Citizens, the Small Business Recovery Grant Program is part of the LISC Rapid Relief & Resiliency Fund for Massachusetts.
Links
Apply for the LISC Rapid Relief and Resiliency Fund for Massachusetts here.
