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Baker-Polito Administration, MassDevelopment Award Transformative Development Initiative Local COVID-19 Emergency Grants to Support Gateway City Businesses [Video]

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Today, the Baker-Polito Administration announced $510,000 in funding for 10 organizations to provide relief for small businesses in Gateway Cities during the COVID-19 public health crisis. Through MassDevelopment’s Transformative Development Initiative (TDI) Local COVID-19 Emergency Grants program, developed in response to needs faced by small businesses during the pandemic, $60,000 block grants will be awarded to fiscal agents in TDI districts in Chelsea, Chicopee, Fall River, Fitchburg, Lawrence, Springfield, and Worcester (Main South), and $30,000 block grants will be awarded to fiscal agents in the areas of Attleboro, Barnstable, and Brockton served by TDI. Recipients can re-grant funds directly to small businesses to cover rent, payroll, or other business expenses, or create small-business stabilization programs specific to their city. Lieutenant Governor Karyn Polito and Housing and Economic Development Secretary Mike Kennealy joined MassDevelopment President and CEO Dan Rivera and state and local officials to announce the funding today in a virtual event.

“Our administration …

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In a recent InvestorIntel interview with host Peter Clausi, Brendon Grunewald CEO and Director of Moovly Media Inc. (TSXV: MVY) discuss Moovly’s recent financing and how they are fueling growth and meeting the demand for their creative cloud-based video tools through marketing and sales partnership deals. In this InvestorIntel interview, which may also be viewed […]

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