AG Healey launches $500K small-business grant program

By Gintautas Dumcius | April 16, 2020

Massachusetts Attorney General Maura Healey launched a new $500,000 grant program on Thursday that’s aimed at providing small businesses with relief from the COVID-19 pandemic.

Municipalities and regional planning agencies can apply for the funds, and then use them for their own programs to help small businesses.

Individual requests cannot exceed $50,000, and the funds must go towards helping with the administrative and operational costs of a small business, Healey’s office said. The funds can be used for debt, payroll, accounts payable, lost sales, lost opportunities and working capital expenses.

The industries that the money can be used toward include restaurants, bed and breakfasts, house cleaners, laundromats and dry-cleaners, car repair shops and garages, barber shops and beauty salons, health care and social assistance organizations, and small retail shops, according to Healey’s office.

The program is funded through past settlements obtained by Healey’s office.

“This is an incredibly difficult time financially for people across the state — and our small businesses have been hit especially hard,” Healey said in a statement. “We hope that these resources will provide some much-needed relief and support to help keep their workforce employed. We will get through this crisis together.”

Healey’s office also announced it has joined a coalition of law firms, nonprofits and government agencies that are providing pro bono legal support for small businesses and nonprofits. A website has been set up to help eligible entities.

The coalition includes Boston Bar Association, Ropes & Gray, Dechert, Fish & Richardson, Foley Hoag, Foley & Lardner, Goodwin, Goulston & Storrs, Mintz, Morgan Lewis and WilmerHale, Boston Foundation, United Way of Massachusetts Bay and Merrimack Valley, Greater Boston Chamber of Commerce, Lawyers for Civil Rights, and Lawyers Clearinghouse.

READ MORE FROM THE BOSTON BUSINESS JOURNAL.

By Gintautas Dumcius | April 16, 2020

Massachusetts Attorney General Maura Healey launched a new $500,000 grant program on Thursday that’s aimed at providing small businesses with relief from the COVID-19 pandemic.

Municipalities and regional planning agencies can apply for the funds, and then use them for their own programs to help small businesses.

Individual requests cannot exceed $50,000, and the funds must go towards helping with the administrative and operational costs of a small business, Healey’s office said. The funds can be used for debt, payroll, accounts payable, lost sales, lost opportunities and working capital expenses.

The industries that the money can be used toward include restaurants, bed and breakfasts, house cleaners, laundromats and dry-cleaners, car repair shops and garages, barber shops and beauty salons, health care and social assistance organizations, and small retail shops, according to Healey’s office.

The program is funded through past settlements obtained by Healey’s office.

“This is an incredibly difficult time financially for people across the state — and our small businesses have been hit especially hard,” Healey said in a statement. “We hope that these resources will provide some much-needed relief and support to help keep their workforce employed. We will get through this crisis together.”

Healey’s office also announced it has joined a coalition of law firms, nonprofits and government agencies that are providing pro bono legal support for small businesses and nonprofits. A website has been set up to help eligible entities.

The coalition includes Boston Bar Association, Ropes & Gray, Dechert, Fish & Richardson, Foley Hoag, Foley & Lardner, Goodwin, Goulston & Storrs, Mintz, Morgan Lewis and WilmerHale, Boston Foundation, United Way of Massachusetts Bay and Merrimack Valley, Greater Boston Chamber of Commerce, Lawyers for Civil Rights, and Lawyers Clearinghouse.

READ MORE FROM THE BOSTON BUSINESS JOURNAL.