Business Grants & Loans

Resources for loans and grants to support businesses affected by the COVID pandemic.

Microenterprise Grant - a total of $210,000 made available to Randolph businesses with 5 or fewer employees. The business must have existed as of 1/1/2019, the owner must be one of the employees and must meet income eligibility. Awards of up to $10,000 may be made.
For more information visit MGCC

Small Business Grant (5 or fewer employees) - similar to the microenterprise grant but with awards of up to $25,000.  Income eligibility guidelines must be met.
For more information visit MGCC

Small Business Grant (50 or fewer employees) - grant awards of up to $75,000 capped at 3 months of operating expenses.  Business owner must be an employee. No income eligibility requirement.
For more information visit MGCC