Grants & Funding

We help Massachusetts small businesses and minority-owned enterprises find, apply for, and secure the funding they deserve.

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Massachusetts Small Business Recovery Loan Fund

STATESMALL BUSINESS
Amount
Up to $75,000
Deadline
Rolling applications

Low-interest loans for MA small businesses impacted by economic disruption. Priority given to businesses in underserved communities.

Eligibility: MA-based, under 50 employees, for-profit

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MassVentures START Program

STATESMALL BUSINESS
Amount
Up to $25,000
Deadline
Quarterly — check site

Non-dilutive grants for early-stage MA businesses with innovative products or services. No equity required.

Eligibility: MA-based, early-stage, technology or innovation focus

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SBA Community Advantage Loans

FEDERALMINORITY-OWNEDSMALL BUSINESS
Amount
$50,000 – $350,000
Deadline
Ongoing

SBA-backed loans targeting underserved markets including minority-owned businesses. Lower collateral requirements.

Eligibility: Minority-owned or underserved community business, under 500 employees

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Boston LISC Small Business Stabilization Fund

CITY/LOCALMINORITY-OWNED
Amount
Up to $20,000
Deadline
Check lisc.org/boston

Grants for Boston-area small businesses, with priority for BIPOC-owned businesses in neighborhoods historically underserved by capital.

Eligibility: Boston-based, minority-owned preferred, under 20 employees

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Massachusetts Equity Grant Program

STATEMINORITY-OWNEDWOMEN-OWNED
Amount
$10,000 – $50,000
Deadline
Annual — typically opens Q1

Administered by MassDevelopment. Targets minority-owned, women-owned, and veteran-owned small businesses across Massachusetts.

Eligibility: MA-based, certified MBE/WBE/VBE, under 100 employees

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MBDA Business Center — Boston

FEDERALMINORITY-OWNED
Amount
Varies by program
Deadline
Ongoing — free services

Minority Business Development Agency center offering access to capital, contracts, and markets for minority-owned businesses in Greater Boston.

Eligibility: Minority-owned business, any size

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City of Springfield Small Business Grant

CITY/LOCALSMALL BUSINESS
Amount
Up to $10,000
Deadline
Check springfield.gov

Grants for small businesses in Springfield, MA to support growth, equipment purchases, and job creation in priority neighborhoods.

Eligibility: Springfield-based, for-profit, under 25 employees

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SCORE + SBA Emerging Leaders Initiative

FEDERALSMALL BUSINESSMINORITY-OWNED
Amount
Free executive training + grant access
Deadline
Annual enrollment — spring

7-month executive-level training program for established small business owners in underserved communities. Connects participants with capital sources.

Eligibility: In business 3+ years, $250K+ revenue, owner commitment to program

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Massachusetts Growth Capital Corporation (MGCC)

STATEMINORITY-OWNEDSMALL BUSINESS
Amount
$10,000 – $100,000
Deadline
Rolling

MGCC provides grants and loans to underserved small businesses across MA. Strong focus on minority-owned and woman-owned businesses in gateway cities.

Eligibility: MA-based, minority or woman-owned preferred, gateway city location a plus

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Not Sure Where To Start?

Our team reviews your business profile and matches you with the grants and funding you qualify for — so you never miss an opportunity.