Funding is available from the Massachusetts Growth Capital Corporation through Biz-M-Power to assist low- and moderate-income entrepreneurs with their acquisition, expansion, improvement or lease of a facility, purchase or lease of equipment, or with meeting other capital needs of their business through matching grants.
With the goal of obtaining capital through the earned support of local residents, neighborhoods, community members, and other stakeholders, applicants must be sponsored by a SBTA provider before being accepted into the program. Upon application approval, the business will utilize the crowdfunding platform to leverage community support and raise funding to match the amount requested in their grant application.
Applications will be reviewed monthly. Learn more and apply here: https://www.patronicity.com/bizmpower
