FINANCIAL ASSISTANCE

FINANCIAL ASSISTANCE

ANGEL NETWORK
The Berkshire Angel Network links local entrepreneurs with potential investors to purchase interest in start-up or early phase business ventures. The network provides entrepreneurs a source of potential seed capital and investors have an opportunity to explore and analyze prospective business enterprises.

Website: www.berkshireedc.com/index.php?nav_id=81

ASSETS FOR ARTISTS
Financial training and IDA program which helps participating Berkshire County artists become homeowners and/or strengthen their creative businesses.

Website: http://berkshirecreative.org/?s=assets+for+artists

BUSINESS LOANS-SMALL BUSINESS ADMINISTRATION (SBA)
Business Loans – Small Business Administration (SBA)
The SBA provides assistance to U.S. small businesses in four primary areas: advocacy, management, procurement, and financial assistance.

Website: www.sba.gov/services/financialassistance/index.html

EMERGING TECHNOLOGY FUND (ETF)
MassDevelopment’s Emerging Technology Fund (ETF) supports innovation and growth in Massachusetts by providing loans and guarantees for technology-based manufacturing facilities and equipment.

Website: www.massdevelopment.com/financing/lg_technology.aspx

MASSACHUSETTS BUSINESS DEVELOPMENT CORPORTION
Massachusetts Business Development Corporation’s mission has always been to provide loans and investment capital to growing companies in Massachusetts.

Website: www.mass-business.com/site/site-massbiz/content/direct-loans/

MASSACHUSETS TECHNOLOGY COLLABORATIVE (MTC)
Renewable Energy Trust offers competitive grants for businesses interested in renewable and clean energy projects.

Website: www.masstech.org/renewableenergy/business.html

MASSACHUSETTS TECHNOLOGY DEVELOPMENT CORPORATION (MTDC)
The Massachusetts Technology Development Corporation (MTDC), a leading edge venture capital firm that addresses the “capital gap” for start-up and expansion of early-stage technology companies operating in the Commonwealth of Massachusetts.

Website: www.mtdc.com

PITTSFIELD ECONOMIC REVITALIZATION CORPORATION (PERC)
PERC’s primary purpose is to further the economic development and social welfare of the City of Pittsfield and Berkshire County. Fostering increased employment opportunities and facilitate growth and development of small businesses through the administration of the following business assistance programs:
• CDBG Small Business Loan Program
• Economic Development Loan Fund
• CDBG Technical Assistance Grants
• State Small Business Technical Assistance Grants

Website: www.pittsfield.com/subpage.asp?ID=282

SMALL BUSINESS INNOVATION RESEARCH (SBIR) & BUSINESS TECHONOLOGY TRANSFER (STTR)
Federal grants for technology companies for research and development assistance

Website: www.science.doe.gov/sbir

THE MASSACHUSETTS BANKING PARTNERS SMALL BUSINESS LOAN PROGRAM
New small business loan program designed to improve access to financing by very small businesses that are receiving one-on-one assistance and training from small business assistance providers.

Website: masscommunityandbanking.org/bankingpartners.html

WORKFORCE TRAINING FUND (WTF)
The Workforce Training Fund provides resources to Massachusetts businesses and workers to train current and newly hired employees.

Website:www.mass.gov/?pageID=elwdtopic&L=3&L0=Home&L1=Businesses&L2=Workforce+Training+Fund+(WTF)&sid=Elwd

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