New grant programs offered for small businesses in Mass.

BOSTON (WWLP) – Two new grant programs are now available for Massachusetts small businesses.

Massachusetts Growth Capital Corporation (MGCC) announced a total of $78-million in funding, that they will oversee. The money was appropriated through the state’s FY2023 Economic Development Bill.

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The Inclusive Recovery Grant Program will provide up to $75 million in funding through grants of up to $75,000 for businesses owned by people of color, women, veterans, immigrants, individuals with disabilities, or those who identify as part of the LGBTQ+ community; businesses that focus on reaching markets predominantly made up of socially and economically disadvantaged and historically underrepresented groups; and other underserved markets.

The Independent Movie Theater Grant Program will provide a total of $3 million in funding to…

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