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Cash Relief for Struggling Chelsea’s Small Businesses

Chelsea, MA— May 8, 2020 The novel coronavirus (COVID-19) pandemic has hit the City of Chelsea harder than any other community in Massachusetts, devastating its business economy.  The Chelsea Business Foundation has been working closely with the TDI Fellow Carlos Matos, the City Manager Tom Ambrosino, and business members of the TDI Partnership to address new challenges faced by the businesses located in Chelsea’s Downtown business district (TDI District).

The Chelsea Business Foundation secured cash to assist Chelsea Businesses with assistance and cash awards ranging from $1,000 to $5,000 per business.  The first round of cash awards totaling $50,000 was disbursed early this week to more than 20 businesses through a Block Grant awarded by MassDevelopment.  This grant is intended to provide financial relief to small businesses in the TDI district to cover business expenses such as: rent payment, retain key workers and any other similarly critical immediate financial need.

The demand for this cash assistance is great and we continue diligently seeking funds to assist the City of Chelsea businesses.  Next round of financial assistance will start soon and Eligible businesses facing financial distress as a result of COVID-19 will be able to apply.  The Chelsea Business Foundation is urging Latino and Small Businesses to reach out and inquire by emailing info@chelseabusinessfoundation.org should they have any questions or if they need to update their contact information on file.  They can also visit www.chelseabusinessfoundation.org where they can find more information about this and other resources available to Chelsea businesses.

First Round Grantees List: The Chelsea Business Foundation has already disbursed cash awards ranging from $1,000 to $5,000 to the businesses listed below.

  • Abregu Computer

  • Buccieri’s Pizzeria

  • Bachata Rosa

  • Cafe El Dorado at Till Building

  • Computer Center and Multiservice

  • Charlton Becker Catering

  • Dynasty Barbershop

  • Dillons Russian Steam Bath

  • D’Joel Barbershop

  • D’Essence Beauty Salón

  • El Santaneco Restaurant

  • EZ Telecom Corp.

  • Frank’s Barbershop

  • H&H Discount Furniture

  • Kids First Daycare and Learning Center Inc

  • Kim’s Beauty Design

  • La Guanaquita Boutique inc

  • M & Y Jewelry

  • Peachs & Cream

  • Rodeo Bar and Grill

  • Telepage Corp.

  • Todo Wireless

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The Chelsea Business Foundation is a 501 (c) 3 Charitable Foundation located at 308 Broadway, Chelsea, MA, 02150 proudly serving Chelsea businesses. Our goal as a social entrepreneur is to promote a healthy business economy and to support the growth and prosperity of Latino and Small businesses.

 

For more information, press only:

Deise Paraguay

857-776-6797

deise@chelseabusinessfoundation.org

For more information:

www.chelseabusinessfoundation.org

3 Comments

  • William Corredor
    Posted 18 June 2020 11:38 AM 0Likes

    Dear Sir or Madame,

    I’ve trying to get in contact with you regarding the cash relief assistance that Chelsea is offering to small business, but unfortunately none has any ansewer for me. is there any way that I could apply for this assistance?

    Best Regards

    William Corredor

  • Johana Giraldo
    Posted 19 June 2020 2:48 PM 0Likes

    Hi.
    Can someone email me I am interested in the awards giving to small businesses in Chelsea.
    Thank you.

  • Jaime Morales
    Posted 27 July 2020 6:50 PM 0Likes

    We are interested in any upcoming grants. We have been proactively checking in on the chelsea website but have not been able to see any new information. Thank you in advance for your time and help.

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