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Small Business Technical Assistance Grant Proposals Now Being Accepted

FY 2021 proposals now being considered

The Small Business Technical Assistance Grant Program expands economic and entrepreneurial opportunity throughout the Commonwealth. The program is designed to complement and enhance traditional public and private small business assistance networks by providing technical assistance and training programs for underserved and/or disadvantaged businesses with 20 employees or less. It seeks to facilitate small businesses' economic viability and improve their ability to secure capital.

This state-funded program is managed by Massachusetts Growth Capital Corporation (MGCC). The grants are awarded to community development corporations (CDCs), community development financial institutions (CDFIs), chambers of commerce and other nonprofit organizations. Eligible organizations use the funds to provide crucial services, such as technical assistance, training in business skills, and access to financing, to their local businesses. In addition, mini-grants are offered through the grantees to small business owners with needs for professional, technical, and operational services.

Funds available for FY2021’s program will be about $2 - $3 million (subject to appropriation).

 

Program Eligibility and Application Process:

MGCC is pleased to announce that it is accepting grant applications for participation in the Fiscal Year 2021 (July 2020 – June 2021) program. MGCC will accept applications from not-for-profit organizations that currently provide technical assistance and training programs to small businesses and start-ups with an emphasis on underserved businesses and entrepreneurs. These grants are intended to supplement the organization’s current and anticipated funding and not to be the primary funding support.

 

Video Informational sessions are being offered for prospective applicants:

 

For Eastern Mass: Tuesday, May 12, 2020, 1:00 – 3:00pm

Video Conference Link: https://zoom.us/j/516397469

 

For Central Mass: Wednesday, May 13, 2020, 10:00 – 12:00pm

Video Conference Link: https://zoom.us/j/818188305

 

For Western Mass: Thursday, May 14, 2020, 1:00 – 3:00pm

Video Conference Link: https://zoom.us/j/610748068

 

If you would like to attend one of these sessions, please RSVP to Alison Moronta, 617-337-2820 or amoronta@massgcc.com

 

Proposals must be submitted no later than 5 p.m. on Wednesday, June 16, 2020.

 

Proposal Evaluation and Award Process:

Small Business Technical Assistance grants will be awarded by MGCC. A review committee will review and recommend proposals for approval.

 

Grants will be awarded on or about Aug. 31, 2020. Date is subject to change.

 

Contact Information:

Small Business Technical Assistance Grant Program

Katie Janowski, Communications & Operations Manager

Massachusetts Growth Capital Corporation

kjanowski@massgcc.com

617-337-2819

 

Review the full RFP details here: Request for FY2021 Small Business Technical Assistance Grant Proposals

Word version of RPF

 

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