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Massachusetts Regional, State, and Local Organizations

BDC Capital

  • Includes term loans, lines of credit, and mezzanine capital
  • Funding can be used for purposes such as working capital, equipment purchases, real estate acquisition, debt restructuring, and business expansion

The Business Development Company

  • Supports companies that require funding that is unavailable through traditional sources.
  • Provides loans of $90,000 to $600,000 to companies in southeastern Massachusetts

The Cambridge Community Foundation

  • Offers grants to support nonprofit organizations that preserve Cambridge’s strengths and address its challenges

Cape Cod Foundation

  • Offers grants to nonprofits on Cape Cod
  • Gives particular focus to arts and culture; children, youth, and families; health and human services; environment; community and economic development; and housing

Common Capital

  • Offers loans and technical assistance to businesses in Berkshire, Franklin, Hampden, and Hampshire counties.
  • Loans and lines of credit can be up to $300,000 

Commonwealth Corporation

  • A workforce training agency matching youth and unemployed residents with Massachusetts employers
  • The Workforce Training Fund program provides businesses with grants to assist with training costs

Franklin County Community Development Corporation

  • Provides financing of $5,000 to $200,000 to new and existing businesses
  • Partners with other loan funds and lending programs addressing specific needs of Franklin County businesses, including programs to support farm and food businesses

Massachusetts Clean Energy Center

  • Oversees grant programs encourage businesses to incorporate renewable energy at their facilities

Massachusetts Growth Capital Corporation (MGCC) 

Works to support small businesses through technical assistance, education, and access to capital. Financing programs include:

  • Loans: SBA microloans, contract financing and guarantees, and term loans and lines of credit up to $1 million
  • Construction Contract Financing Program: Loans of $25,000 to $250,000 to women- or minority-owned subcontractors to support competitive participation in MassHousing contracts
  • Transformative Development Initiative: Contract financing of $10,000 and $100,000 to encourage investments in Massachusetts’ Gateway Cities
  • Small Business Technical Assistance Grant Program: Available to economic development nonprofits to support technical assistance, training, and capital access for underserved communities and Gateway Cities; also supports small grants to businesses through grant recipients
  • Business resiliency programs: Grant and matching capital programs to help Massachusetts businesses recover from the COVID-19 pandemic and build their digital capacities


  • Offers real estate and equipment financing for all project stages
  • Includes bond financing, grants, loans and guarantees, and tax credits


  • Supports the development of certain rental and multifamily real estate projects
  • Financing products include construction loans, bridge loans, and subsidies


The strategic venture capital team for Massachusetts, MassVentures focuses on financing for innovative early-stage companies. Funding programs open to businesses include:

Quaboag Valley Business Assistance Corporation

  • Assists startup and existing businesses that cannot access conventional financing
  • Loans of up to $100,000
  • Businesses must do the majority of their business in a qualifying community in the Quaboag Valley region

South Eastern Economic Development Corporation (SEED)

  • Provides SBA 504 loans as well as micro and small loans of $1,000 to $250,000