Massachusetts Small Business Development Center Network

  

MSBDC

  

Contributing to the economic and entrepreneurial growth in Massachusetts since 1980
 

 

We are open for business!

To protect the health and safety of our clients and employees, until further notice, MSBDC advising is being offered virtually. We are committed to supporting entrepreneurs during these challenging times. One-on-one confidential business advising continues. Staff are available to assist you via email, phone, or video conference.

If you are not currently a client, visit our Request for Counseling page at www.msbdc.org/rfc to make a free and confidential appointment with an advisor.

Visit our dedicated COVID-19 page featuring useful resources, articles and free archived COVID-related webinars at www.msbdc.org/covid-19.

The Restaurant Revitalization Fund (RRF) provides funding to help eligible restaurants, bars and other businesses keep the doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location.

Shuttered Venue Operators Grant (SVOG) program was established through the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act and amended by the American Rescue Plan Act to provide over $16 billion in economic relief to target industries. Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees.

SBA's Community Navigator Pilot Program is designed to provide high quality support and assistance with pandemic relief programs and recovery services to small businesses and entrepreneurs. Recovery services can include financial assistance, access to capital supports, contracting and procurement assistance, marketing, operations, and business development, export and importing, and industry specific training, among other areas of technical assistance to aid businesses in stabilization and expansion.

Massachusetts Capital Growth Corporation website lists several financial relief programs for small businesses.

SBA Paycheck Protection Program Direct Forgiveness Portal. If your loan is $150,000 or less, you may be eligible to apply for direct forgiveness through SBA using the online portal.

Regional Small Business COVID Recovery Grants Program - apply for a one-time grant up to $25,000 for businesses located in Agawam, Easthampton, Granby, Hadley, Hatfield, South Hadley, Southampton, Southwick, or Westhampton.

Amherst Small Business COVID Recovery Grants Program - apply for a one-time grant up to $10,000 for businesses located in Amherst.

Mass.gov - COVID-19 Resources & Guidance for Massachusetts Businesses | Reopening Massachusetts

SBA.gov - Learn about SBA's Coronavirus Relief Options | Scams and fraud schemes
 
America's SBDC - Federal Resources for U.S. Small Businesses

 

 

 

  
 

 
 
 



 
 
 
 


 

















Successful entrepreneurs continually seek ways to improve the management and operation of their business, often seeking outside advice to help with particular challenges. Studies consistently show that Massachusetts citizens receive a strong return on their investment by utilizing the services of the MSBDC Network. Our clients outperform other businesses in the state in average sales and job growth.

The Massachusetts Small Business Development Center Network is committed to helping your business succeed in Massachusetts. We provide free, confidential, one-to-one business assistance and free or low-cost educational training programs to prospective and existing small businesses throughout the Commonwealth. The MSBDC fosters the start, growth and sustainability of small business by providing high-quality, in-depth advising, training and capital access.

Areas of assistance include, but are not limited to: business plan development, preventure feasibility, cash flow analysis, personnel and organizational issues, conventional and non-conventional financing, marketing, international trade, SBIR and government procurement.

 

ASBDC video          caryy on

 
 
A partnership program with the U.S. Small Business Administration and the Massachusetts Office of Business Development under cooperative agreement SBAHQ21B0012 through the University of Massachusetts Amherst, Isenberg School of Management. SBDCs are a program supported by SBA and extended to the public on a non-discriminatory basis. SBA cannot endorse any products, opinions or services of any external parties or activities. By contacting our office and requesting at least two weeks in advance, every attempt will be made to reasonably accommodate persons with disabilities and those who need translation services.
  
  U.S. Small Business Administration      MOBD       ASBDC      UMass | Isenberg School of Management


 
Massachusetts Small Business Development Center Network
Tillson House
University of Massachusetts
23 Tillson Farm Road
Amherst, MA 01003
413-545-6301 | Fax 413-545-1273

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