Foundation / Corporation
Massachusetts Growth Capital Corporation (MGCC)
06/16/20 5:00 PM
Grants to Massachusetts nonprofit organizations to provide technical assistance and training programs to small businesses and start-up companies. Priority will be given to organizations affected by Coronavirus (COVID-19), with an emphasis on low- to moderate-income businesses and entrepreneurs that are under-resourced.
Proposed programs must demonstrate:
These grants are intended to be supplemental the organization’s current and anticipated funding and not to be the primary funding support.
Grant proposals shall identify specific counseling and training programs that assist these small businesses in the following:
Proposed programs shall include individual and/or group counseling, training programs, loan packaging services, or direct technical assistance associated with lending or loan guarantees that advance:
Administrative costs associated with the Small Business Technical Assistance Grant Program may not exceed 10% of the proposed budget.
For more information about the purpose of the grant, see: https://www.empoweringsmallbusiness.org/sites/default/files/docs/2020-04/FY%202021%20RFP-SMALL%20BUSINESS%20TA%20GRANT%20PROGRAM%20-MGCC%20%2804-29-2020%29.pdf#page=4
GrantWatch ID#: 158514
-Maximum grant amount to programs proposed by a single organization not to exceed $85,000.
-Maximum grant amount to programs proposed as a collaborative joint proposal (defined as two or more eligible organizations sharing costs and providing complementary services in coordination with each other) not to exceed $175,000.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Alison Moronta, Loan Officer and Grant Program Manager
Massachusetts Growth Capital Corporation
529 Main Street, Schrafft’s Center, Suite 201
Charlestown, MA 02129
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