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The Town of Groton Business Pivot Grant Program is a strategic initiative aimed at empowering local small businesses to adapt and flourish in the face of evolving market demands, particularly in response to the challenges posed by the COVID-19 pandemic. This program, funded through the American Rescue Plan Act (ARPA), offers eligible businesses in Groton the opportunity to secure financial support of up to $5,000. The grant is specifically designed to facilitate essential investments, enabling businesses to enhance their operations, revamp their strategies, and navigate the ever-changing business landscape effectively.
Businesses eligible for this grant must meet specific criteria, including active operation within Groton for a minimum of 24 months, having fewer than 500 employees, and demonstrating adverse impacts resulting from the pandemic. The grant funds, awarded on a reimbursement basis, can be utilized for a diverse range of purposes, from upgrading infrastructure and equipment to investing in technical assistance and innovative marketing strategies. By providing this financial boost, the Town of Groton aims to foster a resilient local business community, stimulating economic growth and fostering a vibrant entrepreneurial ecosystem. The application process is straightforward, encouraging businesses to seize this opportunity and propel their ventures toward sustainable success.
The application period is now closed. To be informed of any future application opportunities, join the mailing list by completing the form below.
The Town of Groton Business Pivot Grant Program is a strategic initiative aimed at empowering local small businesses to adapt and flourish in the face of evolving market demands, particularly in response to the challenges posed by the COVID-19 pandemic. This program, funded through the American Rescue Plan Act (ARPA), offers eligible businesses in Groton the opportunity to secure financial support of up to $5,000. The grant is specifically designed to facilitate essential investments, enabling businesses to enhance their operations, revamp their strategies, and navigate the ever-changing business landscape effectively.
Businesses eligible for this grant must meet specific criteria, including active operation within Groton for a minimum of 24 months, having fewer than 500 employees, and demonstrating adverse impacts resulting from the pandemic. The grant funds, awarded on a reimbursement basis, can be utilized for a diverse range of purposes, from upgrading infrastructure and equipment to investing in technical assistance and innovative marketing strategies. By providing this financial boost, the Town of Groton aims to foster a resilient local business community, stimulating economic growth and fostering a vibrant entrepreneurial ecosystem. The application process is straightforward, encouraging businesses to seize this opportunity and propel their ventures toward sustainable success.
The application period is now closed. To be informed of any future application opportunities, join the mailing list by completing the form below.
