State & Private Resources

State and Private Resources

  • Accion – is committed to bringing affordable small business loans to microentrepreneurs.
  • Bay Colony Development Corp. – Bay Colony Development Corp. is a Certified Development Company (CDC) whose purpose is to stimulate economic development through the creation and preservation of jobs by providing healthy companies with fixed asset financing at affordable rates and reasonable terms. Bay Colony has funded quality loans in excess of $600 million to well over 1200 growing businesses throughout Massachusetts, Rhode Island, New Hampshire, Connecticut, and Vermont representing nearly $1.7 billion dollars in total project financing.
  • BDC Capital Financial Solutions – The oldest business development corporation in the United States, BDC Capital has been recognized locally and nationally as a leader and innovator in business lending and capital investment. Many of New England’s leading financial institutions invest in BDC to help promising companies expand. Over 60 years, we have invested more than $1 billion in thousands of companies in New England. Whether your need is $500,000 or $5 million, BDC Capital offers a wide range of financing solutions.
  • Boston Local Development Corporation – works to increase employment opportunities for Boston residents by providing small business loans with a focus on commercial, industrial and service companies.
    The BLDC is a private 501(c) (3) non-profit corporation governed by an independent board of trustees. The day to day operation of the program is provided by the Boston Redevelopment Authority’s financial services department.
  • Boston Industrial Development Financing Authority – BIDFA promotes economic growth and increased employment in the City of Boston by issuing bonds that finance the capital needs of the city’s businesses and institutions. The credit of the borrower, and not that of the City of Boston, BIDFA, or the Commonwealth of Massachusetts, is pledged to repay the bonds.
  • Boston’s Back Streets – Boston’s Back Streets program retains and grows Boston’s viable industrial and commercial businesses and their diverse job base through the strategic use of land, workforce and financial resources. Back Streets supports industrial businesses in four main areas: real estate, workforce, business assistance, resources, and partnerships.
  • Life Tech Boston – LifeTech Boston is an initiative dedicated to fostering the growth of Boston’s life sciences sector. LifeTech Boston assists companies with site location while also adding tangible value in four key areas: financing assistance, permitting & zoning, workforce development and transportation. Staff is engaged in establishing new sources of financial capital, examining zoning opportunities, pre-permitting particular sites, developing and funding workforce training programs, and helping to shape transportation planning where it has implications for the LifeTech sector.
  • City of Boston Supplier Portal – The City of Boston now uses an online process for purchasing, bidding, contracting, vendor registration and payment.  Bidders and vendors can register for login credentials to the Supplier Portal to participate in these online procurement activities.  Register as a source bidder , Vendor registration form
  • The Carrot Project – The Carrot Project works at the forefront of change by helping to create a sustainable local farm and food economy. Our work facilitates access to financing and business support so that today’s small farm and food businesses can grow into thriving, enduring enterprises.
  • Center For Women & Enterprise – The Center for Women & Enterprise is a nationally known nonprofit organization dedicated to helping people start and grow their businesses. CWE has worked with more than 30,200 Massachusetts and Rhode Island entrepreneurs since 1995.
  • Dorchester Bay Economic Development CorporationDorchester Bay EDC was founded in 1979 by local civic associations to address the problems of economic disinvestment, unemployment, crime, community tensions and the shortage of quality affordable housing undermining Boston’s Dorchester neighborhoods.
  • FranNet – At FranNet, our vision is to be the world’s leading franchise consulting company for top-quality franchisors and prospective franchisees while differentiating FranNet with community-focused franchise consultants bringing business expertise and guidance to our clients. We’ll accomplish this by leveraging the expertise of our local franchise consultants to help match prospective franchisees with the franchising opportunities that give them the best chance to be successful.
  • Greater New England Minority Supplier Development CouncilThe Greater New England Minority Supplier Development Council (GNEMSDC) advances business opportunities for certified Asian, Black, Hispanic and Native American business enterprises and connects them to corporate members. One of the region’s leading corporate membership organizations, GNEMSDC was incorporated in 1975 to provide increased procurement and business opportunities for minority businesses of all sizes.
  • Granite State Development Corporation Granite State Economic Development Corporation (“GSDC”) is a non-profit lender authorized to process and service Small Business Administration (“SBA”) loans utilizing the 504 lending program.  We are the most active certified development company (CDC) in New England and provide financing in the states of Maine, Massachusetts, New Hampshire and Vermont.
  • Interise stimulates economic revitalization in lower income communities. We provide a diverse group of small business owners with entrepreneurial education, new networks, and access to markets. Our community creates jobs, grows businesses, and develops community leaders.
  • Lawyer’s Committee for Economic Justice and Civil Rights  The Lawyers’ Committee for Civil Rights and Economic Justice is a private, non-profit, non-partisan legal organization that provides pro bono legal representation to victims of discrimination based on race or national origin. Our mission is to provide a safeguard for the civil, social, and economic liberties of residents in Greater Boston and throughout Massachusetts. We handle major law reform cases as well as legal actions on behalf of individuals. We also engage in public policy advocacy, community legal education, community economic development, and other legal services that further the cause of civil rights.
  • Leader Bank – Leader Bank is a community bank headquartered in Arlington, Massachusetts and offers its customers innovative personal and business banking solutions.
  • MassBizWorks – Connects businesses to many money-saving services offered by the state – all at no cost to businesses.         
  •  Mass Growth Capital Corporation – The Mission of the Massachusetts Growth Capital Corporation is to create and preserve jobs at small businesses, women and minority owned businesses, and to promote economic development in underserved, gateway municipalities and low and moderate income communities.
  • MGCC provides a centralized resource at the state level that offers working capital, loan guarantees, and targeted technical assistance to solve specific financial and operational problems.  MGCC will provide 50 % of the cost of such assistance while the company being assisted will invest the other 50%.
  • Minority Business Development Agency (MBDA) – We work throughout the Nation to link minority-owned businesses with the capital, contracts, and markets they need to grow. We advocate and promote minority-owned business with elected officials, policy makers, and business leaders. Serving as subject matter experts and advocates for the minority business community, we conduct high quality research and cultivate domestic and international relationships.
  •  Massachusetts Office of Business Development – is the state’s one-stop source for businesses seeking to relocate to Massachusetts and businesses wishing to expand their current operations here.  We offer a range of expertise and services to help your business flourish in Massachusetts. Our staff operates in regions across the state, so we are able to provide you with on-the-ground knowledge and viable connections for your business.  We work closely with the private and public sectors to coordinate a whole range of resources at your disposal.
  • The Massachusetts Small Business Development Center Network’s Boston Regional Office & Minority Business Center – provides free business advisory services and free workshops to Massachusetts businesses to help achieve these goals, Business growth and success, Financing and loan assistance, Strategic, marketing, and operational analysis
  • Next Street Finance LLC – We serve as a trusted advisor to some of the most dynamic organizations in the country’s most complex markets, establishing relationships that deliver significant and measureable results for our clients.
  •  Operational Services Division – manages a number of programs such as the Supplier Diversity Office. Supplier Diversity Office (SDO) now certifying Veteran-Owned Businesses (VBE) for inclusion in the Supplier Diversity Program (SDP), which will reduce certification wait time for veteran businesses. Use the following links to access the:
  • SBA – The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses. The mission of the Small Business Administration is “to maintain and strengthen the nation’s economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters”. The agency’s activities are summarized as the “3 Cs” of capital, contracts and counseling
  • SCORE Bostonthe Boston Chapter of SCORE, with over forty members, both retired and working, have significant experience in the ownership, operation and/or management of both small and large businesses in many fields. Members offer free counseling and mentoring to those who wish to start or build existing businesses in the Boston area. We counsel at our main office in Boston and at many Locations in the greater Boston area. The Boston Chapter of SCORE offers individual free counseling, low-cost workshops, and free team visits to business locations to conduct business reviews.
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