This is not the official budget document.

Budget Summary FY2018

70071641 - Small Business Association Layoff Aversion Grant Program
Data Current as of:  7/20/2017





Account Description FY2017
Spending
FY2018
GAA
7007-1641 Small Business Association Layoff Aversion Grant Program
For a grant for the Smaller Business Association of New England for the layoff aversion through management assistance program for consultant and technical assistance to manufacturing companies to prevent business closure and employee displacement; provided, that the expenditure of the layoff aversion through management assistance program shall leverage at least $1 in matching funds for every $1 granted under this item; and provided further, that the president of the Smaller Business Association of New England shall file a quarterly report with the house and senate committees on ways and means, the joint committee on economic development and emerging technologies and the joint committee on labor and workforce development on the number of employees and manufacturing companies that have received financial assistance through this item, a detailed description of the services provided to manufacturing companies through the layoff aversion through management assistance program and a detailed account of the expenditures of the layoff aversion through management assistance program, including administrative costs
250,000 242,500