MassDevelopment has opened a new round of the Biz-M-Power grant program for small businesses. This funding opportunity is available for businesses with fewer than 20 employees and no more than $2.5 million in revenues. Biz-M-Power makes available matching grants to growth-oriented qualifying businesses. The program aims to help small and microbusinesses offset the costs of acquisitions, expansions, improvement or lease of a facility, purchase or lease of equipment, and other capital needs. Businesses interested in applying will have to show the required 20% of the owner’s funds available at the application point to be considered. Applications are due by June 15, 2025. See the links below for more information:
