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Small Business Programs

COVID-19 Loans For Small Businesses

US Chamber of Commerce 

The U.S. Chamber of Commerce Foundation is compiling a list of programs providing financial assistance to small businesses impacted by COVID-19. 

 

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Small Business Administration

The U.S. Small Business Administration (SBA) is offering disaster relief loans available to businesses in Massachusetts. Small businesses can now apply directly through SBA for Economic Injury Loans. 

 

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Paycheck Protection Program

This program provides loans to encourage certain qualified small businesses to retain employees through the COVID-19 pandemic. 

 

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Jobs for New England

Provides members with below market-rate financing for small business loans that create or retain jobs. The program was adjusted for the second round in 2020 to respond to members and businesses affected by the COVID-19 pandemic.

 

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COVID-19 Grants For Small Businesses

Cambridge Small Business Grant Program

Qualifying businesses are eligible to receive grants of up to $10,000 to assist with rent, salaries, utilities and cost of goods.

 

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Cambridge COVID-19 Emergency Fund 

These one-time grants ranging from $200 to $1,000 will be made available on a rolling basis until funds are depleted. Applicants must be Cambridge residents – or people whose main source of income emanates from Cambridge.

 

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Mainvest Main Street Initiative 

If you have an existing brick & mortar business that has been negatively affected by the COVID-19 outbreak and you launch a capital raise on Mainvest, you may be eligible to receive a $2,000 zero-interest loan.

 

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Verizon Small Business Recovery Fund 

LISC will use the Verizon Small Business Recovery Fund to provide grants of up to $10,000 to businesses facing immediate financial pressure because of COVID-19.

 

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Facebook Small Business Grants Programs 

Your business may be experiencing disruptions resulting from the global outbreak of COVID-19, so this program is offering $100M in cash grants and ad credits to help during this challenging time. 

 

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Save Small Business Fund

Launched by the US Chamber Foundation, the Save Small Business Fund is a grantmaking initiative offering short-term relief for small businesses in the United States.

 

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Opportunity Fund 

Opportunity Fund is committed to supporting existing and new small business customers who are financially struggling amidst the COVID-19 outbreak.

 

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JPMorgan Chase Fund 

JPMorgan Chase announced a $50 million global philanthropic commitment to address the immediate public health and long-term economic challenges from the COVID-19 global pandemic.

 

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Small Business Relief Fund 

The Small Business Relief Initiative will supply financial assistance and support to businesses across the country by providing grants, tools, and resources to help during the crisis. 

 

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COVID-19 Grants For Restaurant Workers

Restaurant Strong Fund  

Samuel Adams and The Greg Hill Foundation are bringing the successful Restaurant Strong Fund to 20 total states to aid the restaurant workers impacted by the Covid-19 closures. 

 

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Restaurant Workers’ Community Foundation 

This foundation is an advocacy and action non-profit, created by and for restaurant workers. Half of the funds raised will be for direct relief to individual restaurant workers.

 

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