Baker-Polito Administration Announces Awards for the Community Development Capital & Microlending Program

Community Development Capital and Microlending Program

Lowell — February 6, 2020 – Today, the Baker-Polito Administration announced grant awards to spur job creation and small business growth across the Commonwealth by lowering the barriers to capital access. Lt. Governor Karyn Polito and Massachusetts Growth Capital Corporation (MGCC) President & CEO Larry Andrews joined Lowell City Manager Eileen Donoghue, Lowell Mayor John Leahy, Representative David Nangle, Representative Stephan Hay, Community Teamwork CEO Karen Frederick, and grant recipients to announce $550,000 in awards to seven organizations through the Community Development Capital and Microlending programs, a procurement of the Executive Office of Housing and Economic Development (EOHED) and Massachusetts Growth Capital Corporation (MGCC).