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Find similar grantsMassVentures Revenue Based Financing is sponsored by MassVentures. MassVentures offers loans for early-stage tech companies in Massachusetts that are paid back as a percentage of revenue up to a capped amount.
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MassVentures Opens START Grant Applications to Help Startups Translate Research into Companies and Jobs - MassVentures MassVentures Opens START Grant Applications to Help Startups Translate Research into Companies and Jobs MassVentures Opens START Grant Applications to Help Startups Translate Research into Companies and Jobs Meggie Quackenbush, margaret. m. quackenbush@mass.
gov BOSTON - Today, the Healey-Driscoll Administration and MassVentures announced that applications are now open for the next round of its SBIR Targeted Technologies (START) Grant Program , which provides non-dilutive funding to Massachusetts companies that have received federal SBIR (Small Business Innovation Research) or STTR (Small Business Technology Transfer) Phase II awards.
The program helps startups translate advanced research into commercial products, new businesses, and high-quality jobs across Massachusetts. START grants provide $100,000 to $500,000 to eligible companies to support critical commercialization activities, including market validation, business development, and intellectual property strategy, that are not typically covered by federal research funding.
In addition to capital, participating companies receive business guidance to accelerate go-to-market progress across sectors such as advanced materials, quantum computing, AI, cleantech, and biotechnology. “Supporting entrepreneurs at the earliest stages is critical to building a strong innovation economy,” said Massachusetts Economic Development Secretary Eric Paley, Chair of the MassVentures Board of Directors .
“START grants provide founders in high-impact sectors with the resources they need to grow, hire, and succeed in Massachusetts—while advancing solutions to some of the world’s most pressing challenges. ” MassVentures launched the START program in 2012, and this year marks the program’s 15th year supporting high-impact Massachusetts innovators.
In FY25, with increased funding through the Mass Leads Act, MassVentures expanded the number of annual START awards from 17 to 26. Over its 15-year history, START has awarded $41. 7 million to 141 companies that have employed more than 3,300 and leveraged more than $5 billion in private capital.
The businesses are located in more than 40 communities throughout Massachusetts. “START grants address one of the most persistent challenges facing deep tech founders: proving commercial viability before traditional capital becomes available," said MassVentures President and CEO Charlie Hipwood.
"This program helps Massachusetts businesses validate their technologies, build teams, and hit the milestones needed to attract follow-on investment—keeping our state's most promising innovations here in the Commonwealth. ” Applications opened February 1 and are due February 23. Massachusetts-based companies which have won a SBIR/STTR Phase 2 in the past 5 years are encouraged to apply.
For more information, join MassVentures for an informati o n session on February 3 at 8:00 a. m. or visit https://www.
mass-ventures. com/start-program-info. MassVentures, the state’s quasi-public venture capital agency, finds, funds, and fosters early-stage deep tech startups and academic spinouts that fuel economic growth across the Commonwealth.
Since its founding in 1978, MassVentures’ venture fund has invested over $115 million in more than 185 companies, supporting an average of 4,300 jobs annually and attracting over $4. 6 billion in private capital. A recent economic impact report shows that these investments generated $157.
6 billion in overall economic output, $89. 9 billion in total state GDP, and $5. 6 billion in state and local tax revenues.
In addition to its venture fund, MassVentures also manages several grant programs and provides business guidance, strategic direction, and operational support. For more information visit http://www. mass-ventures.
com/ .
According to the current listing, eligibility includes: Early-stage tech companies in Massachusetts. Confirm the full requirements in the official notice before applying.
MassVentures Revenue Based Financing is funded by MassVentures. 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.
SBIR Matching START Grant Program is a grant from MassVentures that funds Massachusetts-based startups converting SBIR and STTR research into commercial businesses and jobs in Massachusetts. The program offers a three-round structure: 16 Round 1 grants of $100,000, 7 Round 2 grants of $200,000 for top Round 1 performers, and 3 Round 3 seed capital opportunities of up to $500,000 each. Eligible applicants are Massachusetts-based small businesses that hold a federal SBIR or STTR Phase II award. Since 2012, the START Program has awarded $41.7 million to 141 companies that have collectively raised over $5.1 billion.
SBIR Targeted Technologies (START) Grants is sponsored by MassVentures. The START Grants program supports Massachusetts-based startups in converting research developed under federal SBIR and STTR contracts into successful businesses and jobs within the Commonwealth. It offers grants and business guidance to SBIR Phase II companies to help them commercialize their technologies.