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Biz-M-Power Crowdfunding Program is sponsored by MassDevelopment (formerly Massachusetts Growth Capital Corporation - MGCC). This program offers matching grants to small businesses in Massachusetts to assist with acquisition, expansion, improvement or lease of a facility, purchase or lease of equipment, or other capital needs.
Businesses launch a crowdfunding campaign and if they raise a minimum of $2,500, MassDevelopment will provide a matching grant. Preference is given to businesses in underserved areas, Gateway Cities, and those owned by women, minorities, immigrants, and veterans.
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Or search similar grants →According to the current listing, eligibility includes: Small businesses operating within Massachusetts with a public-facing, brick-and-mortar location (not home-based). Must employ 1-20 full-time equivalent employees (including owners) and have an annual revenue not exceeding $2,500,000. Must have been legally established for at least 3 months. Applicants must show 20% of the owner's funds for the project available at the application point. Confirm the full requirements in the official notice before applying.
The current listing shows matching grants (minimum $2,500 matched). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Biz-M-Power Crowdfunding Program is funded by MassDevelopment (formerly Massachusetts Growth Capital Corporation - MGCC). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Massachusetts. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Past winners and funding trends for this program
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