Welcome to
The Lakeway Business District Association
Our mission is...
"to create economic growth and prosperity for both new and existing businesses on Route 9 in Shrewsbury,
while preserving and enhancing the landscape improvements, from the Burns Bridge to the Oak Street intersection."
"to create economic growth and prosperity for both new and existing businesses on Route 9 in Shrewsbury,
while preserving and enhancing the landscape improvements, from the Burns Bridge to the Oak Street intersection."
*** Find local services and more with the new 2019-2020 Walking Map ***
FOR IMMEDIATE RELEASE:
December 23, 2020
CONTACT
Sarah Finlaw
sarah.finlaw@state.ma.us
Baker-Polito Administration Announces $668 Million Small Business Relief Package
Additional businesses will be awarded as soon as next week through the Mass Growth Capital Corporation
BOSTON – Today, the Baker-Polito Administration launched a $668 million program to provide financial assistance to Massachusetts small businesses impacted by the COVID-19 pandemic. The program in part relies on the pending federal COVID-19 relief bill recently passed by Congress. Regardless of the developments at the federal level, the Baker-Polito Administration will start releasing millions in new funding to restaurants, retailers, and other small businesses throughout the Commonwealth as soon as next week.
Earlier this week, the Administration announced nearly $49 million in grants through the Massachusetts Growth Capital Corporation (MGCC) COVID-19 Small Business Program to support over 1,158 small businesses. More than 10,000 applicants had sought relief in this grant round.
Additional grants will be made available to eligible small businesses through MGCC. The Small Business Grant Program was established in the fall, and currently has a pool of eligible applicants awaiting funding. This additional funding will allow the Administration to award more of those pending applicants. Eligible businesses that already applied to the program, but were not funded due to limited funds available, will be prioritized for funding first and do not need to reapply.
The funds will also be used to stand up an additional grant program at MGCC. This program will target the industries most hard-hit during the pandemic.
Eligible industries for the new program include:
The new business relief program would offer grants up to $75,000, but not more than three months’ operating expenses, to be used for employee wage and benefits costs, space-related costs, and debt service obligations.
The online application portal for the new program will open on Thursday, December 31, and will close on Friday, January 15. Awards are expected to be announced in early February.
More details on how to apply and eligibility requirements are available at www.empoweringsmallbusiness.org.
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December 23, 2020
CONTACT
Sarah Finlaw
sarah.finlaw@state.ma.us
Baker-Polito Administration Announces $668 Million Small Business Relief Package
Additional businesses will be awarded as soon as next week through the Mass Growth Capital Corporation
BOSTON – Today, the Baker-Polito Administration launched a $668 million program to provide financial assistance to Massachusetts small businesses impacted by the COVID-19 pandemic. The program in part relies on the pending federal COVID-19 relief bill recently passed by Congress. Regardless of the developments at the federal level, the Baker-Polito Administration will start releasing millions in new funding to restaurants, retailers, and other small businesses throughout the Commonwealth as soon as next week.
Earlier this week, the Administration announced nearly $49 million in grants through the Massachusetts Growth Capital Corporation (MGCC) COVID-19 Small Business Program to support over 1,158 small businesses. More than 10,000 applicants had sought relief in this grant round.
Additional grants will be made available to eligible small businesses through MGCC. The Small Business Grant Program was established in the fall, and currently has a pool of eligible applicants awaiting funding. This additional funding will allow the Administration to award more of those pending applicants. Eligible businesses that already applied to the program, but were not funded due to limited funds available, will be prioritized for funding first and do not need to reapply.
The funds will also be used to stand up an additional grant program at MGCC. This program will target the industries most hard-hit during the pandemic.
Eligible industries for the new program include:
- Restaurants, bars, caterers
- Indoor recreation and entertainment establishments
- Gyms and fitness centers
- Event-support professionals (photographers, videographers, etc.)
- Personal services
- Retail
The new business relief program would offer grants up to $75,000, but not more than three months’ operating expenses, to be used for employee wage and benefits costs, space-related costs, and debt service obligations.
The online application portal for the new program will open on Thursday, December 31, and will close on Friday, January 15. Awards are expected to be announced in early February.
More details on how to apply and eligibility requirements are available at www.empoweringsmallbusiness.org.
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*Information provided by businesses, for more accurate information please check the businesses websites*
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The Gateway to Shrewsbury
Meetings & MembershipThinking about joining The Lakeway Business District? Learn more here and view application to become a new member!
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Did You Know?Learn about The Lakeway Business District Association, why it formed and what it's doing to keep the Lakeway beautified!
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EventsFrom festivals and road races to fireworks in the summer, there's never a shortage of things to do in the Lakeway. Come join us!
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NewsBusiness in the Lakeway are always making a splash. Learn more about your neighbors, their achievements and openings in the area!
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