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  • Nantucket Chamber of Commerce Announces the First Recipients of Rock Solid Grants

    January 13, 2021

    Nantucket Chamber of Commerce
    Karen Macumber

    ReMain Ventures
    Cecil Barron Jensen

    Nantucket Chamber of Commerce Announces the First Recipients of Rock Solid Grants

    Four established island businesses to share $20,000 in the first round of funding

    NANTUCKET, Massachusetts -- The Nantucket Island Chamber of Commerce announced today it has awarded $20,000 in grants to local small businesses owners to help them fund innovative projects in response to the challenges of operating during the Covid-19 pandemic.

    With the support of ReMain Ventures, The Chamber’s Rock Solid Fund was established in late 2020 with the purpose of providing micro-grants to help local, established businesses accelerate their recovery from economic challenges such as Covid-19. After completing a rigorous application process, four companies were selected by a review committee to receive $5,000 grants:
    • The Chicken Box, a well-known, year-round entertainment venue and important supporter of island non-profits, will launch an expanded and enhanced online store for its merchandise. This will enable them to generate revenue this winter until they can operate again as a live venue.
    • The Beet, a downtown, year-round restaurant focused on healthy cuisine, will launch a digital cooking show series featuring Chef Felino's signature recipes, to generate awareness and sales of their family meal offerings this winter.
    • Current Vintage, a downtown boutique offering unique vintage clothing, home goods and wine, will launch an expanded online store to feature its constantly changing inventory of clothing and goods. This will enable them to generate revenue this spring while adhering to state Covid restrictions.
    • Fogged in Bookkeeping is managing an inventory purchasing automation project, working with local restaurants. The project will enable restaurants to make data-driven decisions to save money and maximize revenue during and after the pandemic.

    ReMain Ventures provided an initial $20,000 to seed the fund, with a commitment for additional funding for 2021. The Chamber will continue to administer the fund through its Nantucket Island Center for Entrepreneurship (NICE), with the next round of grants to be awarded this spring.

    Additional information, including eligibility criteria and applications, can be found here.

    The Nantucket Island Chamber of Commerce is the primary business advocacy organization on Nantucket representing more than 750 island businesses. Partnering with the Massachusetts Office of Travel & Tourism, the Chamber also implements domestic and international tourism
    initiatives to promote the island’s economic development to its vital tourism entities.

    ReMain Ventures and ReMain Nantucket are funded by Wendy Schmidt and her husband Eric to support the economic, environmental, and social vitality of the island of Nantucket. ReMain Ventures invests in buildings and businesses that work to strengthen the island’s year-round economy. Its projects seek to spark for-profit innovation and dependable job creation to bring long-term value to the island and its residents. ReMain Ventures has worked in conjunction with ReMain Nantucket to revitalize the downtown district year-round through the preservation of historic buildings that are home to a mix of nonprofit and commercial businesses.


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