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MassDevelopment Equipment Loan is a financing program from MassDevelopment that funds companies expanding their operations in Massachusetts by providing loans to purchase equipment needed for growth. The program is designed to help businesses acquire machinery, technology, and other capital equipment that supports job creation and operational scale-up in the state.
Eligible applicants are companies planning to expand or relocate operations to Massachusetts. MassDevelopment partners with private lenders and the state to structure financing solutions tailored to each business's needs.
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Based on current listing details, eligibility includes: Companies expanding their operations in Massachusetts. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Funding amounts vary based on project scope and sponsor guidance. Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
Past winners and funding trends for this program
The Biz-M-Power Crowdfunding Match Program, funded by the Massachusetts Growth Capital Corporation through the Commonwealth's operating budget, provides matching grants to small businesses in Massachusetts. Eligible businesses crowdfund between $2,500 and $20,000 on the Patronicity platform and receive a 1:1 matching grant from MGCC, potentially earning over $40,000 total. Applicants must operate a public-facing brick-and-mortar location with 1-20 employees and annual revenue under $2.5 million. The program prioritizes businesses owned by low-to-moderate income individuals and those in economically disadvantaged or Gateway City communities. Each applicant must partner with a Small Business Technical Assistance sponsor. Home-based businesses, nonprofits, franchises with more than two locations, and cannabis-related businesses are ineligible.
Small Business Technical Assistance Program (SBTA) is a grant from MassDevelopment that programs - massdevelopment businesses and organizations can submit applications for the following opportunities to be reviewed on a case-by-case basis. Early Education and Out of School Time (EEOST) Small Grant Program The EEOST provides grants of $200,000 - $499,999 to tax-exempt nonprofit corporations, as defined by M. 180, and to organizations in which a non-profit corporation has a controlling interest, to develop or improve a child care facility in which at least 50% of the child care enrollment consists of low-income families who are eligible to receive public subsidy. Eligible applicants include: Nonprofit organizations in Massachusetts.. Awards are valued at Varies.
The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.
Small Business Innovation Research and Small Business Technology Transfer Programs Phase I is sponsored by U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA). The USDA SBIR/STTR programs support small businesses in creating innovative, disruptive technologies with commercial potential or societal benefit, including projects dealing with agriculturally-related manufacturing and alternative and renewable energy technologies. Specialty tubing could be relevant for agricultural equipment or renewable energy systems.