MassDevelopment Awards Grants to Help 48 Small Businesses Grow

BOSTON — MassDevelopment recently announced $1,849,795.10 in grants from the Biz-M-Power Grant Program to help 48 small businesses in Massachusetts strengthen and grow. Ranging from $6,720 to $50,000, the grants will empower businesses to buy, expand, improve, or lease a facility; buy or lease equipment; or meet other capital needs.

“Small businesses drive our economy by creating jobs, producing valued goods and services, and contributing to vibrant communities across the state,” said Economic Development Secretary Eric Paley, who chairs MassDevelopment’s board of directors. “We are glad to see these grants supporting a variety of small businesses in every region of Massachusetts, from farms to restaurants to bakeries and beyond.”

Administered by MassDevelopment on behalf of the Commonwealth, the latest Biz-M-Power Grant Program awards represent the fifth round of the program, which opened for applications in March 2024. Eligible applicants include small businesses and microbusinesses with fewer than 20 employees and up to $2.5 million in annual revenues at the time of application. Applicants are required to contribute a minimum of 20% of the project costs. The latest grants will leverage more than $370,082 in private investment and support the creation of 77 full-time jobs and 66 part-time jobs.

“MassDevelopment is pleased to deliver funding from the Biz-M-Power Grant Program to help 48 small businesses succeed and grow in our state,” MassDevelopment President and CEO Navjeet Bal said. “Small businesses are the economic heartbeat of communities across Massachusetts. By investing in a new or renovated facility, equipment, or another capital need, these small businesses are a step closer to achieving their business goals, strengthening their bottom line, expanding their workforce, and flourishing.”

Fifteen of the 48 awardees are located in Western Mass:
• Kismet Foods Inc. (Agawam): $50,000
• The Saucy Mama LLC (Agawam): $21,768.34
• Fruit Life Inc. (Chicopee): $50,000
• Pine Hill Orchards (Colrain): $43,067.10
• Sound Health Bodyworks (Deerfield): $27,987.50
• Crooked Stick Pops LLC (Easthampton): $40,521.82
• Heather Beck Designs (Easthampton): $15,886.05
• Roundabout Books Inc. (Greenfield): $49,583
• Diemand Egg Farm Inc. (Montague): $21,583
• Element Brewing Company LLC (Montague): $49,227.78
• Door Prize LLC (North Adams): $14,583.34
• Dandelion Hill Farm (Sheffield): $8,246.67
• Good Eats to Go (Southampton): $14,558.99
• Las Kangris Food Truck Inc. (Springfield): $50,000
• Fieldcrest Brewing Co. LLC (Wilbraham): $41,116.58