Support Equitable Small Business Assistance
Massachusetts Senate to Consider Amendment on Small Business Funding on Thursday
Amendment #194 Would Provide $100 Million to Support Small Businesses
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Ask your Senator to Co-Sponsor
Last week, the Senate Ways and Means Committee released its proposed ARPA Funding Bill, and it included just $50 million for grants to small businesses. This is a far cry from the $1.1 billion proposal put forward by the Coalition for an Equitable Economy and even less than the $60 million that was included in the House approved ARPA legislation.
Senator Nick Collins has filed Amendment #194 to increase this program from $50 million to $100 million and provide MGCC with more flexibility so it can invest some of these dollars in programs that align with CEE’s original proposal.
Please show support by completing this form to send an email to your state senator using your personal zip code.
Amendment 194
Mr. Collins moves that the proposed new text be amended in item 1599-2042, in line 613 by striking the number $50,000,000 and replacing it with the number $100,000,000 and inserting in line 619 after the word “groups” the following words “provided further that the Corporation may provide grants to nonprofit organizations that provide either investments or technical assistance or both to said businesses” and in line 623 by striking the number $50,000,000 and replacing it with the number $100,000,000.