In a partnership with the Massachusetts Office of Business Development (MOBD), MassDevelopment, and Mass Growth Capital Corporation (MGCC), the North Central Massachusetts Chamber of Commerce will be hosting state economic development officials for one-on-one appointments with local developers, manufacturers and business owners. The meetings are an opportunity to discuss any specific matters related to their business or the expansion of their business, as well as to review state resources available to support business growth and expansion.
Kevin Kuros, Central Massachusetts Director for MOBD; Rob Anderson, Vice President of MassDevelopment; and Chuck Merrill, Senior Loan Officer for MGCC will be available at the Chamber office by appointment on Wednesday, June 7 between 10:00 a.m. to 1:00 p.m. The appointments are in thirty minute increments and are first come, first serve. The meetings are free and confidential, available on a non-discriminatory basis, and are handicapped accessible.
MOBD helps businesses relocating to Massachusetts and businesses wishing to expand their current operations here. MOBD is responsible for managing the state’s Economic Development Incentive Program (EDIP) which provides tax credits for qualifying business expansion projects. In addition, they provide information on other state economic development programs, including the state’s R&D tax credit, the Mass Life Science Center tax incentives, the Workforce Training Fund grant program, the STEP grant offered through the Mass Office of International Trade and Investment and other state resources.
MassDevelopment, the state’s development finance agency and land bank, works with businesses, nonprofits, banks, and communities to stimulate economic growth across the Commonwealth. During FY2022, MassDevelopment financed or managed 356 projects generating investment of more than $1.69 billion in the Massachusetts economy. These projects are estimated to create or support 11,080 jobs and build or preserve 1,778 housing units.
MGCC was established to help small businesses create and preserve jobs by providing access to working capital, loan guarantees, and targeted technical assistance that solves specific financial and operational problems. MGCC works with traditional financial institutions to turn “un-bankable” businesses bankable, Community Development Centers and non-profits to provide financing for job-producing projects, and directly with businesses to find the growth capital they require. MGCC seeks to assist small businesses in Gateway Cities as well as woman-owned, Veteran-owned, or minority-owned businesses.”
For more information or to schedule an appointment, please contact Sandie Cataldo, Senior Economic Development Manager at the North Central Massachusetts Chamber of Commerce at (978) 353-7600 ext. 232 or via email at email@example.com.