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.
BERKSHIRE OPPORTUNITY FUND
Berkshire Opportunity Fund (BOF) provides financing to companies in the broader Berkshires region in order to grow and expand businesses that create jobs and fuel the economy while earning profits for investors. BOF invests in unique, growing businesses that have proven products, scalable business models, strong management teams and positive cash flow currently or on the horizon with a measured path to achieving it.
BERKSHIRE TACONIC COMMUNITY FOUNDATION
Berkshire Taconic Community Foundation creates and manages funds that meet long-term community needs. Grants and scholarships with specific service goals are available for those who meet each funds’ criteria. Many funds serving artists, art students, and cultural organizations are available.
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.
CULTURAL FACILITIES FUND (CFF)
Massachusetts Cultural Council’s (MCC) Cultural Facilities Fund (CFF) increases investments from both the public sector and the private sector to support the sound planning and development of cultural facilities in Massachusetts. The Fund provides Capital Grants to promote the acquisition, design, repair, rehabilitation renovation, expansion, or construction of nonprofit cultural facilities in Massachusetts.
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.
ENTREPRENEURSHIP FOR ALL (EforAll)
Previously named the Merrimack Valley Sandbox, this organization hosts Pitch Contests which are both specific in genre or open to all ideas and products. Pitch contests provide opportunities to win thousands of dollars in cash prizes, receive feedback from industry experts, and network with investors.
IndieGoGo.com offers anyone with an idea – creative, cause-related, or entrepreneurial – the tools to effectively build a campaign and raise money.
Kickstarter is the largest funding platform for artists, designers, filmmakers, musicians, journalists, inventors, explorers and more. It is a unique all-or-nothing funding method where projects must be fully-funded or no money changes hands. Kickstarter is solely fro projects, it cannot be used to fund charity projects or causes.
MASSACHUSETTS CAPITAL GROWTH CORPORATION (MGCC)
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.
MassVentures is a venture capital firm focused on fueling the Massachusetts innovation economy by funding early-stage, high-growth Massachusetts startups as they move from concept to commercialization.
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 CDBG Small Business Loan Program, Economic Development Loan Fund, CDBG Technical Assistance Grants and the State Small Business Technical Assistance Grants.
Quirky currently focuses on developing consumer products that could retail for under $150 and don’t involve integrated software such as mobile applications, business ideas, and complex electronics. Innovators who submit product ideas will receive detailed analytics related to our online community’s feedback and input on their ideas, which can be used as a form of market research. Once the idea has passed all phases, the product is marketed on Quirky’s website.
SMALL BUSINESS INNOVATION RESEARCH (SBIR) & BUSINESS TECHONOLOGY TRANSFER (STTR)
Federal grants for technology companies for research and development assistance.
TRANSFORMATIVE DEVELOPMENT INITIATIVE (TDI)
The Commonwealth Gateway Cities Transformative Development Initiative (TDI) seeks to enhance local public-private engagement and community identity, stimulate an improved quality of life for local residents, and spur increased investment and economic activity. The program is organized around three distinct programs: a Technical Assistance Program (TDI Assistance), a Fellows Program (TDI Fellows), and an Equity Investment Program (TDI Investment). Additionally, the program of TDI Cowork supports the emergence and expansion of collaborative workspaces to support innovative activities and catalyze new business development.
WORKFORCE TRAINING FUND (WTF)
The Workforce Training Fund provides resources to Massachusetts businesses and workers to train current and newly hired employees.