Senator Sal DiDomenico and his colleagues in the Massachusetts Legislature passed $627 million in funding for a sweeping economic recovery and development bill, providing critical support to businesses, investments in infrastructure, and creation of new jobs in the wake of the COVID-19 pandemic. The bill was signed into law on January 14, 2021.
An Act Enabling Partnerships for Growth is a COVID-19 relief and recovery package that provides support to the restaurant and tourism sectors, small businesses, and those who have been affected by the Coronavirus pandemic. The bill also creates a Future of Work Commission, establishes protections for student loan borrowers, and ushers in zoning reforms to encourage affordable housing development in our communities.
Underrepresented groups to benefit from relief, aid package
The Baker-Polito Administration announced that nearly $49 million in grants to small businesses will be awarded through the COVID-19 Small Business Grant Program administered by the Massachusetts Growth Capital Corporation. In October, the $50.8 million grant program was announced as a key component of Partnerships for Recovery, the Administration’s comprehensive plan to get people back to work, support small businesses, foster innovation, revitalize downtowns, and ensure housing stability.
Of the businesses being notified of their successful applications, each meets the preferred criteria of being owned by women, minorities, veterans, individuals with disabilities, or that identify as LGBTQ. Additionally, every completed application received from a qualified minority-owned business that has not been able to receive prior aid from federal, state, or local programs established to support businesses during the pandemic will be receiving relief.
“Our administration is proud to announce almost $50 million in grants to support historically under-represented small business owners as they navigate the pandemic,” said Lt. Governor Karyn Polito. We thank Mass Growth Capital Corporation for their partnership to distribute these funds quickly, and look forward to continuing to work with business and community leaders to ensure a strong, equitable recovery from COVID-19.
Mask mandates, curfews, no large gatherings, and dozens of Coronavirus restraints on doing business are having a negative effect on Encore’s conduct of its business in Everett.
Hours of operation have been curtailed here dramatically, with hours slashed. Further restrictions from the state of Massachusetts Department of Public Health are certain to follow with the dramatic rise in case numbers now taking place.
In Las Vegas, Wynn Resorts is being hampered by new restrictions imposed on out of state travel in California because of the raging virus. Company officials announced they would be cutting mid-week hours of operations because of a lack of visitors to their facilities.
Those cuts included closing down casinos midweek.
All other major players in the Las Vegas gaming marketplace are doing the same.
With air travel at a stand-still coming into Las Vegas, car travel from California was accounting for almost 25% of the Wynn Resorts take in Las Vegas recently.