Contributing to the economic and entrepreneurial growth in
Massachusetts since 1980
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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. Visit our dedicated COVID-19 page featuring useful resources, articles and free archived COVID-related webinars at www.msbdc.org/covid-19. |
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Apr 27 - Baker-Polito Administration Announces Plans for Continued Reopening 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. Registrations begin on April 30 at 9 a.m. with applications opening on May 3 at noon EDT. 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. Small Business Resiliency Technical Assistance Grants Program will support non-profits who offer programming designed to help existing small businesses recover and thrive post COVID-19 in underserved communities in Massachusetts. CDFI & CDC Matching Capital Program seeks to support the recovery, resiliency, and growth of small businesses in underserved communities post COVID-19 by providing matching capital to eligible non-profit community-based lenders. Power Forward Small Business Grant aims to empower black-owned small businesses across New England. Massachusetts Capital Growth Corporation website list several financial relief programs for small businesses. |
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Mass.gov - COVID-19 Resources & Guidance for Massachusetts Businesses | Reopening Massachusetts SBA.gov -
Learn about SBA's Coronavirus Relief Options
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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.
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