News Flash

Posted on: September 14, 2021

SBA EIDL Loans for Small Businesses, Including Sole Proprietors

SBA

Did you know that many small businesses can qualify for an Economic Injury Disaster Loan (EIDL), including sole proprietors and independent contractors?

 

With the Paycheck Protection Program ending in May of this year, the only available SBA loan ...

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Additional Info... Economic Development
Posted on: August 10, 2021

Starting or Growing a Veteran-Owned Business?

Boots to Business Reboot

The course provides an overview of entrepreneurship and applicable business ownership fundamentals. Active Duty Service members (including National Guard and Reserve), Veterans of all eras, and spouses are eligible to participate.

Additional Info... Economic Development
Posted on: May 20, 2021

Last Call: Administrator Guzman Announces Final Push for Restaurant Revitalization Fund Applications

RRF Last Call

Qualifying eating establishments should submit applications by the May 24th deadline

More Information Economic Development
Posted on: April 23, 2021

Shuttered Venue Operators Grant Application Portal Will Reopen On Saturday, April 24!

SBA Announcement

Interested applicants should register for an account in advance at: https://www.svograntportal.sba.gov

Additional Info... Economic Development
Posted on: March 30, 2021

SBA Administrator Isabella Casillas Guzman’s Statement on President Biden signing the PPP Extension

SBA Announcement

BREAKING:
President Joe Biden
signed the #PaycheckProtection Extension Act into law, extending the program to May 31.
Learn how to apply for a first or second draw PPP loan: https://www.sba.gov/ppp
Explore all of SBA's pandemic relief options: h...
Read on...

Additional Info... Economic Development
Posted on: March 29, 2021

UPCOMING GRANT OPPORTUNITY: Restaurant Revitalization Program

SBA Announcement

Restaurant Revitalization Program is a 28.6 billion grant program for restaurants administered by the U.S. Small Business Administration is coming soon.
Businesses can receive up to $5 Million grants, up to $10 million grants for restaurant groups.

Additional Info... Economic Development
Posted on: March 25, 2021

SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans

SBA EIDL Announcement

Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months of economic injury with a maximum loan amount of $500,000.

Additional Info... Economic Development
Posted on: March 15, 2021

SBA Extends Deferment Period for all COVID-19 EIDL and Other Disaster Loans until 2022

SBA Announcement

SBA announced extended deferment periods for all disaster loans, including the COVID-19 Economic Injury Disaster Loan (EIDL) program, until 2022.

Additional Info... Economic Development
Posted on: February 23, 2021

Paid Family and Medical Leave Information

DFML

PFML is here. Whether you’re a Massachusetts worker, employer, or health care provider, find all the information you need to get started.

Additional Info... Economic Development
Posted on: February 1, 2021

Public Mural Feedback Requested

Public Mural Survey

Take the survey now. The intention is to create an application process for interested artists and/or commercial property owners.

Additional Info... Economic Development
Posted on: January 8, 2021

SBA and Treasury Announce PPP Re-Opening; Issue New Guidance

PPP

The SBA, in consultation with the Treasury Department, announced that the Paycheck Protection Program (PPP) will re-open the week of January 11, 2021 for new borrowers and certain existing PPP borrowers.

Additional Info... Economic Development
Posted on: November 10, 2020

Lowell Shopping Network

Lowell Shopping Network

The Greater Lowell Chamber of Commerce in partnership with the City of Lowell’s Economic Development Office, Lowell TeleMedia Center (LTC), the Lowell Plan, EforAll and the Entrepreneurship Center at CTI is thrilled to launch the Lowell Shopping Network!

Additional Info... Economic Development
Posted on: November 12, 2020

Application Extension: COVID-19 Grants for MA Small Businesses

COVID-19 Grant

The Massachusetts Growth Capital Corp (MGCC) has extended their application deadline to 11/17/2020 at 11:59pm.

Additional Info... Economic Development
Posted on: November 2, 2020

Baker-Polito Administration Announces Targeted Measures To Curb Rising COVID-19 Cases, Hospitalizati

Early Business Closures, Revised Gatherings, Mask Orders Announced to Disrupt Growth of COVID-19 Cases

Additional Info... Economic Development