BOSTON — MassDevelopment announced $4,455,000 in grants from the Small Business Technical Assistance Program to help 55 community and economic development organizations that provide services to Massachusetts small businesses.
The grants, ranging from $40,000 to $104,000, will help the organizations expand advising, training, and capital access programs for businesses with fewer than 20 employees. Funding supports one-on-one technical assistance, business skills workshops, and improved pathways to financing, helping small and micro-businesses start, stabilize, and grow.
“Massachusetts’ competitiveness depends on the strength of our small businesses,” Gov. Maura Healey said. “These grants will help entrepreneurs access the expertise and financing pathways that turn ideas into growing companies and jobs across the state.”
Administered by MassDevelopment on behalf of the Commonwealth, the Small Business Technical Assistance Program was created in 2006 by the former Mass Growth Capital Corp. to empower small business support organizations — such as community development corporations, community development financial institutions, and other nonprofit business service providers — to increase access to business planning support and capital for underserved small businesses throughout the state.
Last year, in FY 2025, MassDevelopment awarded $6.7 million in grants from the Small Business Technical Assistance Program to 73 organizations, helping grant recipients deliver assistance to 4,740 small businesses across Massachusetts and unlock a total of $116,948,899 in capital to help these companies meet their goals.
Seventeen of the 55 just-awarded projects are located in Western Mass.:
• Hilltown Community Development Corp. (Chesterfield) – $83,000
• Community Involved in Sustaining Agriculture Inc. (Deerfield) – $68,000
• Berkshire Agricultural Ventures Inc. (Great Barrington) – $80,000
• Community Development Corp. South Berkshire Inc. (Great Barrington) – $40,000
• Franklin County Community Development Corp. (Greenfield) – $103,000
• Nuestras Raices Inc. (Holyoke) – $90,100
• Assets for Artists Inc. (North Adams) – $80,000
• Cooperative Development Institute Inc. (Northampton) – $104,000
• The ICA Group Inc. (Northampton) – $82,000
• The Sphere Northampton Inc. (Northampton) – $85,000
• Valley Community Development Corp. (Northampton) – $95,500
• Berkshire Black Economic Council Inc. (Pittsfield) – $83,400
• Latinas413 Inc. (Pittsfield) – $40,000
• Pittsfield Economic Revitalization Corp. (Pittsfield) – $96,000
• Common Capital Inc. (Springfield) – $98,600
• Latino Economic Development Corp. (Springfield) – $91,100
• Quaboag Valley Community Development Corp. (Ware) – $90,500
