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City Council Launches Initiative to Boost Small Business Grants

August 29, 2024 | Boston City, Suffolk County, Massachusetts


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City Council Launches Initiative to Boost Small Business Grants
In a recent government meeting, Boston city councilors convened to discuss the distribution of local, state, and federal grants aimed at supporting small businesses. The hearing, sponsored by Councilor Mejia and colleagues, was initiated to enhance understanding of how financial resources are allocated, particularly for businesses affected by city construction and other external challenges.

Councilor Mejia emphasized the importance of the session, stating it was an opportunity to explore policies and practices that could ensure small businesses receive their fair share of funding. The meeting featured presentations from city administration officials, including Chief Irrawu, who outlined the city's grant programs established since November 2021.

Irrawu highlighted that prior to the COVID-19 pandemic, state laws restricted municipalities from providing direct aid to for-profit entities. However, federal funding through the CARES Act and ARPA has enabled the city to create various grant programs. Notable initiatives include the Small Business Relief Fund (SBRF), which awarded approximately $13.5 million to nearly 1,000 businesses, with a significant portion of recipients being women and people of color.

The administration also discussed the Space Program, which has allocated $9 million to assist businesses in securing commercial leases, and the Legacy Business Program, which has engaged the community in nominating businesses for support. The Refresh Grant, aimed specifically at food-related businesses, has seen positive engagement, with efforts made to simplify the application process and increase accessibility through language translation.

Alicia, another official, detailed improvements made to the Refresh Grant program, including extended application periods and ongoing workshops to assist applicants. The administration's proactive communication strategy has involved outreach through various media channels to raise awareness about available funding opportunities.

Overall, the meeting underscored the city's commitment to supporting small businesses, particularly those owned by marginalized communities, and highlighted ongoing efforts to refine grant distribution processes to better serve the needs of the local economy.

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Scribe from Workplace AI
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