{"id":22917,"date":"2025-05-23T12:04:05","date_gmt":"2025-05-23T16:04:05","guid":{"rendered":"https:\/\/www.northcentralmass.com\/?p=22917"},"modified":"2025-05-23T12:25:18","modified_gmt":"2025-05-23T16:25:18","slug":"biz-m-power-grant-program","status":"publish","type":"post","link":"https:\/\/www.northcentralmass.com\/es\/biz-m-power-grant-program\/","title":{"rendered":"Biz-M-Power Grant Program"},"content":{"rendered":"<p>MassDevelopment&#8217;s Biz-M-Power offers <strong>matching grants of up to $50,000<\/strong> to eligible, growth-oriented small businesses. These grants can help offset costs related to acquisitions, expansions, improvements or leasing of facilities, purchasing or leasing equipment, and other capital needs.<\/p>\n<p>To qualify for this funding opportunity, businesses must have fewer than 20 employees and annual revenues not exceeding $2.5 million. Applicants must also demonstrate that they have at least 20% of the required owner&#8217;s funds available at the time of application, as shown by business bank account statements.<\/p>\n<p>For fiscal year 2025, the Commonwealth&#8217;s Capital Budget has allocated $1,000,000 for this program, which will be administered by MassDevelopment&#8217;s Growth Capital Division.<\/p>\n<p>For more details, please visit MassDevelopment&#8217;s Biz-M-Power Matching Grant Program: <a href=\"https:\/\/massdevelopment.com\/products-and-services\/funding-and-tools\/grant-programs\/\" target=\"_blank\" rel=\"noopener\">https:\/\/massdevelopment.com\/products-and-services\/funding-and-tools\/grant-programs\/<\/a>.<\/p>\n<p>To be considered, <strong>applicants must submit a complete application by June 15,<\/strong> which is available exclusively online through Submittable: <a href=\"https:\/\/massgcc8.submittable.com\/submit\" target=\"_blank\" rel=\"noopener\">https:\/\/massgcc8.submittable.com\/submit<\/a><\/p>\n<p>While working with the North Central Massachusetts Development Corporation is not required, you are welcome to contact Sandie Cataldo for assistance at <a href=\"mailto:scataldo@northcentralmass.com\" target=\"_blank\" rel=\"noopener\">scataldo@northcentralmass.com<\/a>.<\/p>\n<a href=\"https:\/\/massgcc8.submittable.com\/submit\/317895\/biz-m-power-grant-program\" class=\"su-button su-button-style-flat\" style=\"color:#FFFFFF;background-color:#0a7d7e;border-color:#086465;border-radius:0px\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color:#FFFFFF;padding:0px 22px;font-size:17px;line-height:34px;border-color:#54a4a5;border-radius:0px;text-shadow:none\"> Apply Now<\/span><\/a>","protected":false},"excerpt":{"rendered":"<p>MassDevelopment&#8217;s Biz-M-Power offers matching grants of up to $50,000 to eligible, growth-oriented small businesses. These grants can help offset costs related to acquisitions, expansions, improvements or leasing of facilities, purchasing or leasing equipment, and other capital needs. To qualify for this funding opportunity, businesses must have fewer than 20 employees and annual revenues not exceeding [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-22917","post","type-post","status-publish","format-standard","hentry","category-member-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Biz-M-Power Grant Program &#187; North Central Massachusetts Chamber of Commerce<\/title>\n<meta name=\"description\" content=\"MassDevelopment&#039;s Biz-M-Power offers matching grants of up to $50,000 to eligible, growth-oriented small businesses. 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