The Economic Development Committee (EDC) provides the Small Business Grant Assistance Program to provide financial assistance to businesses and to stimulate investment in vacant or underutilized commercial space in the Town of Westborough.
AMOUNT OF FUNDING:
The EDC will issue grants that cover up to the approved project costs (up to $5,000). If the proposed funding project is used for rental assistance, the EDC will issue rental assistance grants to new businesses for their first six months of rent (up to $5,000). The total amount of funds that can be expended is $25,000 for a fiscal year. Based on evaluation of needs and scope of the project, the EDC has discretion to award additional funds.
Any questions? Call 508-871-5149 or email