Funding & Resources

Supports small business owners in navigating today's challenging economic climate. The Massachusetts SBDC offers no-cost, confidential advising to small businesses throughout the Commonwealth on growth strategies, financial planning, and strategic, marketing and operational analysis.

Supports a network of local organizations offering technical assistance and training to small business owners from underserved and disadvantaged populations. The mission of these organizations is to expand entrepreneurial opportunity throughout the state.

Offers a series of brief, no-cost courses share expert know-how in spinouts, IP, fundraising, culture, business model, go-to-market strategy, marketing, sales, and operations.

Supports underrepresented deep tech founders and those curious about moving and building their business in MA. The program aims to prepare early-stage founders for competitive accelerator programs and raising funds.

Supports early-stage life science companies led by entrepreneurs from underrepresented communities and offers them a year-long customized package of support. This includes non-dilutive grant funding and access to coaches from life sciences ecosystem to refine their business strategies and raise capital.

Helps college students explore Health IT careers, network with professionals, and gain working experience through a project with mentor guidance. The program aims to encourage students from diverse backgrounds to pursue careers in Health IT.

Offers college students from diverse backgrounds opportunities to learn about careers in cybersecurity and develop their professional networks.

Loans can be used to fund facility acquisition, renovation, construction, and permanent financing.

Invests in technology companies. Typically, companies at the pre-seed, seed, or seed-plus stage and looking to raise $1.5-2.5 million.

Makes loans to technology companies for acquisition, expansion, working capital, or equipment purchases.

Loans can be used to help purchase equipment for expanding your operations.

Invests in early-stage companies to advance the commercialization of climate technologies.

Offer funding and technical support to develop or expand MWBEs in the clean energy sector.

This program provides grants to small businesses in Massachusetts to fund Managed Detection and Response (MDR) services from CyberTrust Massachusetts. Grants may provide up to $25,000 to fund MDR for up to 3 years.

Available for real estate projects and new equipment purchases. Tax-exempt bonds exempt from federal taxes and in certain cases state taxes. These bonds typically offer the lowest interest rate option and can be sold in the capital markets or directly to your bank or another financial institution.

Provides tax incentives for businesses that relocate to or undertake projects in Massachusetts that will create new jobs and private development.

Provides tax incentives open to companies of all sizes looking to expand their efforts by creating new, long-term jobs. Companies must be engaged in life sciences research and development, commercialization and manufacturing in Massachusetts.

Offers awards per new job created at new-to Massachusetts companies. Designed to attract out-of-state, international, and newly formed life sciences companies considering their first presence in Massachusetts.

Access no-cost tools to recruit talent, prevent layoffs, and upskill your workforce, plus tap into programs that deliver a pipeline of skilled workers like Registered Apprenticeship for in-demand jobs.

Provides small businesses with fast, simple access to grant-funded training, helping employers respond quickly to change and keep employees engaged.

Offers funding to employers, employer organizations, labor organizations, training providers, and consortia of such entities for training current and newly hired workers.

Supports stipends for internships at digital technology startups and companies.

Facilitates the placement of college students and recent graduates into paid internships with verified clean energy companies across Massachusetts.

Creates new internship opportunities for qualified candidates, by enabling life science research institutions and companies to hire paid interns for up to six months.

Facilitates and funds paid internships for underrepresented and low-income high school students at life science research institutions and companies.

Enhances the talent of pipeline for the Massachusetts life science industry for college students and recent graduates interested in life science careers. The workforce development program connects employers with prospective interns and subsidize intern wages.

Fund critical research & development infrastructure projects led by universities working with industry business partners.

Invests in capital projects for businesses that partner with an academic institution to help foster technology deployment, business growth, talent development, and capital support.

Provides matching grants to Massachusetts companies that have been awarded a grant through the federal SBIR or STTR programs. Funds must be put toward non-SBIR activities, such as marketing and intellectual property protection.  

Support academic researchers at universities and research institutions to help them prototype their inventions, with half of the awards going to UMass-affiliated researchers.

Provides grants to researchers and early-stage companies looking to demonstrate initial prototypes of their clean energy technologies, with a particular focus on a portion of grants going to applicants who are underrepresented in the climatetech industry.

Finds and accelerates digital health solutions that address healthcare challenges.

Provides grants to digital health companies to support innovation in healthcare technology by funding testing and validation projects with members of the Digital Health Sandbox Network.

Supports academic researchers and companies who need cost-share or adders for federal/non-federal prime awards.

Offers grants and technical support for deploying new or innovative clean energy technologies with high commercialization potential.

Offers a series of brief, no-cost courses share expert know-how in spinouts, IP, fundraising, culture, business model, go-to-market strategy, marketing, sales, and operations.

Supports scientific projects that generate and analyze large datasets to answer pressing life science questions, and to attract and train data scientists in Massachusetts.

Fosters the development of novel technologies and techniques for the delivery of existing or innovative therapies by supporting equipment and other capital expenses at not-for-profit partners.

Supports collaborative projects that aim to improve the discovery, technical innovation, and/or analysis of datasets to answer pressing life science questions around women’s health by funding data and equipment at not-for-profit partners.

Provide a guarantee to help companies that export or anticipate exporting products or services internationally.

Provides direct assistance to Massachusetts companies to support their international business development efforts by offering a full range of targeted, customized services to businesses at every stage of the global trade process.

Loans can be used to help purchase equipment for expanding your operations.

Available for real estate projects and new equipment purchases. Tax-exempt bonds exempt from federal taxes and in certain cases state taxes. These bonds typically offer the lowest interest rate option and can be sold in the capital markets or directly to your bank or another financial institution.

Provides capital cost-sharing for small to medium-sized manufacturers. The program’s goal is to assist businesses in preparing for Industry 4.0 and the manufacturing of new technologies and innovations that align with key industries in the state.

Provides capital cost shares to advance the next generation of advanced manufacturing technologies that align with the state’s ongoing commitment to the Manufacturing USA program.

Award funding to schools and curriculum providers for the purpose of teacher professional development and the purchase of equipment, materials, supplies, and technology needed to support new or expanded curriculum.

Mass Econ serves as Massachusetts’ site location service provider, offering no-cost site selection services to companies, corporate site selectors, and other partners.

Provide a guarantee on a portion of a bank real estate loan or tax-exempt bond. These guarantees cover the difference between a bank’s maximum allowable loan advance rate and up to 90% of the property value.

Available for real estate projects and new equipment purchases. Tax-exempt bonds exempt from federal taxes and in certain cases state taxes. These bonds typically offer the lowest interest rate option and can be sold in the capital markets or directly to your bank or another financial institution.

Loans can be used to fund facility acquisition, renovation, construction, and permanent financing.

Works with participating buildings to explore and disseminate approaches to commercial building electrification and decarbonization, helping to prepare Massachusetts’ commercial building stock for net zero emissions by 2050.

The Sponsors of Mass Save offer rebates and incentives on energy-efficient products and technology, allowing businesses to run better, with reliable, energy-saving equipment.

Aims to bridge the technical expertise gap by connecting business and non-profit organizations with technical consultants to analyze fleets and develop tailored electrification plans.

Assists commercial and industrial property owners obtain private financing for energy improvements through a betterment assessment and lien on the property, sufficient to repay the financing extended by a private capital provider.