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Small Business Technical Assistance Grant Program

Grants to Massachusetts Nonprofits to Provide Technical Assistance
and Training Programs to Small Businesses and Start-Ups

Agency Type:

Foundation / Corporation

Funding Source:

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Massachusetts Growth Capital Corporation (MGCC)

Conf. Date:

05/14/20

Deadline Date:

06/16/20 5:00 PM

Description:

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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:

  • How the organizations will reach out to and assist under-resourced and low-to-moderate-income small businesses impacted by COVID-19, including those linguistically and culturally diverse small businesses and entrepreneurs; and
  • How they will provide technical assistance services and connect them with local and state resources to stabilize their business operation and preserve jobs.

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:

  • Create/retain jobs;
  • Secure new or increased financing for growth;
  • Achieve stability and viability;
  • Recover after COVID-19;
  • Increase the economic vitality of the neighborhood, community, or region.

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:

  • New business startups;
  • Business expansion;
  • Business stabilization;
  • Other measurable economic growth.

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#:

GrantWatch ID#: 158514

Estimated Size of Grant:

-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.

Additional Eligibility Criteria:

For purposes of the Small Business Technical Assistance Grant Program and this Request for Proposal (RFP), only Massachusetts-based, not-for-profit corporations are eligible for program participation. For the purposes of this program, the entity shall:
-Be duly organized under Massachusetts General Laws, Chapter 180 and incorporated as such by the Secretary of State for the Commonwealth of Massachusetts, whose mission includes facilitating a community driven economic development process for small businesses.
-Hold a tax-exempt status under the United States Internal Revenue Code.
-If the applicant cannot meet the first two criteria, then it must have an established fiduciary relationship with an organization that is both incorporated in the Commonwealth of Massachusetts and maintains a tax-exempt status under the United States Internal Revenue Code. Under those circumstances where a fiduciary relationship is in force, a memorandum of agreement signed and dated by the authorized representatives of the two cooperating agencies attesting to the fiduciary relationship, along with copies of the sponsoring organization’s tax exempt certificate and Certificate of Good Standing from the Massachusetts Secretary of State must be submitted with the applicant’s proposal.
-Demonstrate an ability to develop and manage programs as reflected in the effective functioning of the Board of Directors, operations managed by a fulltime and experienced management team, involvement of and responsiveness to community residents and constituents.
-Provide evidence of fiscal stability, as documented in prepared financial statements.

Ineligible for funding under the Small Business Technical Assistance Grant Program are projects or activities which:
-Are for the private profit or benefit of an individual or a select group of individuals.
-Involve the replication of services already provided under the auspices of a federal or state agency.
-Are primarily intended to serve prospective business ventures, defined as individuals who are more than twelve months from beginning to operate a business.
-Do not have the capacity to measure status outcomes relating to business startups, stabilization, and growth.
-MGCC reserves the right to reject any and all submitted proposals and any or all parts
of a proposed activity.

Pre-proposal Conference:

The Foundation is offering two hour video conference information sessions on the RFP to all Prospective Applicants. Prospective Applicants can participate on the following dates and in more than one info session if needed.

RSVP to: Alison Moronta

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

Pre-Application Information:

Proposals for FY 2021 are due no later than 5pm, on Tuesday, June 16, 2020.
Grants will be awarded on or before Monday, August 31, 2020 (subject to change).

-Collaborative joint proposals must demonstrate that the organizations propose a cohesive work plan and will work together to implement and achieve their proposed objectives.
-Collaborative joint proposals must have one lead organization and one person responsible for the application and administration of grant monies, as well as all reporting and communication with MGCC.
-MGCC will endeavor to assure broad geographic diversity among grantees but will not limit the number of grants awarded per region.

Contact Information:

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
amoronta@massgcc.com

Massachusetts Growth Capital Corporation
529 Main Street, Schrafft’s Center, Suite 201
Charlestown, MA 02129

URL for Full Text (RFP):

Geographic Focus:

USA: Massachusetts

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