Mayor Jon Mitchell and City officials are requesting responses from local nonprofit organizations interested in supporting small businesses, by managing federal funds to provide targeted grants and technical assistance.
The Small Business Assistance Program is the City’s fourth announcement of investments funded by the American Rescue Plan Act (ARPA), designed to address economic and public health impacts from the COVID-19 pandemic.
New Bedford-based nonprofit organizations may apply to manage ARPA funds on the City’s behalf to not only help small businesses affected by the pandemic, but also to grow the City’s economy. Nonprofit support can include targeted grants, technical assistance, counseling, and business planning services, along with capital expenses such as business incubation space in eligible areas, rehabilitation of commercial properties, and COVID-19 mitigation measures.
“Facilitating direct support for local…