City of Somerville header
File #: 25-0020    Version: 1
Type: Mayor's Request Status: Referred for Recommendation
File created: 1/2/2025 In control: Finance Committee
On agenda: 1/9/2025 Final action:
Enactment date: Enactment #:
Title: Requesting approval to accept and expend a $100,000 grant with no new match required, from the Executive Office of Economic Development to the Economic Development Division for a Small Business Success Technical Assistance program.
Code sections: Grant/Gift -
Attachments: 1. Somerville Urban Agenda Award Letter FY25 (2)

Agenda Summary

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Requesting approval to accept and expend a $100,000 grant with no new match required, from the Executive Office of Economic Development to the Economic Development Division for a Small Business Success Technical Assistance program.

 

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Official Text

To the Honorable City Council:

 

The Mayor respectfully requests that this Council accept and approve expending a grant of $100,000 from MA Executive Office of Economic Development Community One Stop for Growth program to the OSPCD Economic Development Division, under the provisions of MGL Chapter 44, Section 53A. This grant does not require the commitment of new matching funds.

 

The purpose of this grant is to administer a Small Business Success Technical Assistance program.

 

Appropriate staff will be available to answer any questions you may have. Thank you for your consideration of this item.

 

Respectfully submitted,

Katjana Ballantyne, Mayor