Economic Development Committee

LRRP Final Report 10-15-21

Open for Business in Medfield, MA 

The attached list has been compiled by the Town of Medfield for community members to know what services are available in the community as businesses adapt to the COVID-19 situation. Please confirm offerings with establishment directly. 

COMMENTS/SUGGESTIONS FEATURE: We have enabled comments/suggestions feature on this document. We are encouraging both business owners/managers and customers to alert us of a change by adding a comment or suggestion to this document. Open in Google Docs HERE (no sign-in required).

Open for Business Picture

The 495 MetroWest Partnership has been putting out regular email resource updates for regional partners in business, local government, education, and community-based and non-profit organizations. Each of those updates can be found below: 

The 495/MetroWest Partnership, through a unique public-private collaboration with businesses, municipalities, and other stakeholders, is the regional leader for creating an environment that prepares for and cultivates sustainable growth. We accomplish this by coordinating, educating, and advocating for solutions to regional constraints and limited natural resources. Be sure to sign up to receive their email newsletter!

2022


3/10/22: Funding Opportunity

New Grant Programs Available to Support Small Businesses Negatively Impacted by Pandemic  

The Commonwealth has launched new grant programs to support small businesses negatively impacted by the COVID-19 pandemic.  

These two programs, the New Applicant Grant Program and the Inclusive Grant Program are being administered by the Massachusetts Growth Capital Corporation.  

Applications for these programs are now open and will close on April 4th, 2022. 

Both programs will award grants ranging from $10,000 to $75,000. Eligible uses for grant funding, for each program, include employee payroll and benefits costs; interest on other debt obligations incurred after March 3, 2021; costs incurred to pivot a company due to COVID-19 pandemic; and business mortgage or rent and utilities. 

The New Applicant Grant Program is intended for applicants who have not previously received financial relief from MGCC’s COVID-19 Relief Grant Programs. The Inclusive Grant Program is for businesses that focus on reaching markets predominantly made up of socially and economically disadvantaged and historically underrepresented groups, underserved markets, and those owned by minorities, women, veterans, disabled individuals, or those that identify as part of the LGBTQ+ community.  

To access the complete program and application information click here. 


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Meetings

  • Committee on hiatus

Agendas & Minutes

Agendas are available prior to the meetings. Minutes are available following approval.

View Most Recent Agendas and Minutes

Members

  • Patrick Casey, Chair
  • Paul Hinkley, Vice Chair
  • Ralph Costello
  • Bob Callahan
  • Alex Jowdy
  • Ann Thompson
  • Joseph Scier, Associate Member


Economic Development Committee Mission Statement

The Economic Development Committee should work proactively to promote and encourage the development of Medfield’s business and industrial tax base and to give the Town’s residents more opportunities to live, work and thrive in an economically forward-looking and financially strong community. The Committee should explore ways to support existing businesses and encourage them to stay and expand in the Town and it should seek out new businesses to locate in Medfield. The Committee should strive to market the Town as a good place to do business by seeking ways to create a business-friendly environment, a streamlined permitting, licensing and approval process and a centralized informational source on business opportunities, commercial and industrial real estate options, public and private grant and tax incentives and supporting/encouraging housing that is revenue positive to the Town.