E-Newsletter
An Electronic Publication of the North Central Massachusetts Chamber of Commerce
Chamber Hosting Office Hours with State Economic Development Officials
In a partnership with the Massachusetts Office of Business Development (MOBD), MassDevelopment, Mass Growth Capital Corporation (MGCC), and MassHire, 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; Chuck Merrill, Senior Loan Officer for MGCC; and Scott Percifull, Program Coordinator for MassHire; will be available at the Chamber office by appointment on Monday, September 23 between 10:00 a.m. and 12:00 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. MOBD also oversees the Massachusetts Center for Employee Ownership (MassCEO) which is focused on supporting businesses considering converting to an employee ownership structure.
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 FY2023, MassDevelopment financed or managed 545 projects generating investment of more than $2 billion in the Massachusetts economy. These projects are estimated to create or support 10,522 jobs and build or preserve 1,583 housing units.
MGCC helps small businesses create and preserve jobs by providing access to working capital, loan guarantees, business resources, and targeted managerial 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.
MassHire Bizworks/Rapid Response coordinates state and federal resources for businesses, offering a single point of contact to multiple programs. The MassHire Rapid Response team provides layoff prevention, early intervention re-employment, layoff management, and outplacement services to companies and their employees. Additionally, we offer employment and training resources, including assistance with recruitment, hiring, and tax credit programs.
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 .
North Central Massachusetts | Chamber of Commerce | Chamber of Commerce near me | Economic Development | Business Development | Business Loans | Business Technical Assistance | Small Business Loans | Small Business Technical Assistance | Business Development Corporation | Business Resources | Microloan Lender | Massachusetts Business |Expand Business | Supporting Businesses
