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We help businesses grow, hire and train workers, and reduce costs.
Mass BizWorks is a business solution designed by the Commonwealth to help Massachusetts businesses meet their business needs. Mass BizWorks pulls all the business incentives and services offered by the federal and state government into one place ‒ so there’s no confusion about what services are available and which agencies to contact.
Eligible Massachusetts businesses regardless of size or industry can access these money-saving services and more:
- Up to $250,000 to upgrade the skills of your current workforce
- Up to $75,000 per year for hiring and training new workers
- Up to $25,000 for workplace safety training
- Tax incentives for business expansion
- Reimbursement of wages for training new workers
- Free consulting services to help your business grow and innovate
- Layoff aversion
So, are you ready to get an edge in your business? To learn more about Mass BizWorks or to schedule an appointment–go to www.mass.gov/bizworks or call 800-252-1591. Mass BizWorks representatives will work closely with you to get you started.
Small Business Innovation Research (SBIR) Program
The Small Business Innovation Research (SBIR) program encourages small businesses to advance their technical potential from funds committed by federal agencies with large extramural research and development budgets. The SBIR program serves to fund the critical startup and development stages for a technology and encourages commercialization of the technology, product or service.
The goals of the SBIR Program include fostering innovation, using small business to meet federal research and development needs, enhancing private-sector commercialization of innovation, and increasing women, minority and veteran participation in technology innovation. The program has provided early funding for technology companies such as Qualcomm, Symantec, and Genentech.
In the current economic environment, in which start-up companies are having difficulty accessing capital, the SBIR program is more important than ever. Last year, the SBIR program distributed approximately $2.5 billion in funding to small businesses, while the entire venture capital industry only put $1.7 billion into early-stage investments. The program is specifically designed to fund research and development projects that private sector investors may deem too early or too risky.
The SBIR Program is structured in three phases:
- Phase I is a feasibility study. It is a proof of concept award typically up to $150,000 with a $225,000 maximum.
- Phase II is usually a prototype development award typically up to $1M with a $1.5M maximum.
- Phase III is for the small business to pursue commercialization objectives resulting from the Phase I/II R/R&D activities. The SBIR program does not fund Phase III. Phase III may involve follow-on non-SBIR funded R&D or production contracts for products, processes or services intended for use by the U.S. Government.
Which Federal Agencies participate in the SBIR Program?
Each year, Federal agencies with external R&D budgets that exceed $100 million are required to allocate a certain percentage of their R&D budget to the SBIR program. Currently, eleven Federal agencies participate in the program:
- Department of Agriculture
- Department of Commerce – National Institute of Standards and Technology
- Department of Commerce – National Oceanic and Atmospheric Administration
- Department of Defense
- Department of Education
- Department of Energy
- Department of Health and Human Services
- Department of Homeland Security
- Department of Transportation
- Environmental Protection Agency
- National Aeronautics and Space Administration
- National Science Foundation
The agencies designate R&D topics in their solicitations and accept proposals from small businesses. Awards are made on a competitive basis after proposal evaluation.
More information can be found at: https://www.sbir.gov/#
The Launch Pad Program
Short Summer 2014 Technology Grants for Small Businesses in Boston
Does your business need Software or Hardware?
Act quickly to apply for this short summer 2014 technology grant for small businesses.
Want to expand the use of technology in your small business?
Want help paying for computers and software for your business?
Interested in creating a more efficient, profitable business?
Businesses that apply MUST:
- Have at least 2 years of cash flow as an operating business
- Have under $500,000 in annual sales
- Be well organized
- Have a clear plan for technology use
- Be on a path to growing their business and have clear plans for that growth
- Be located in Boston (priority given to low-to-moderate income areas of the city)
- Be capable of paying 25% of the cost of technology items â€“ grant covers 75% of cost
If interested, contact: Adam Gibbons, Dorchester Bay EDC
617-447-1759 or firstname.lastname@example.org
- Download application (includes sample request form!) or email us for a copy.
- Draft Your Application (call or email Launch Pad for guidance and clarity)
- Schedule meeting w/ Launch Pad Coordinator (required)
- Submit application – deadline July 10, 2014
- Awards will be made and announced no later than July 25, 2014.
- Grant Recipients must use their funding by September 15, 2014.
- Businesses will be awarded grants based on:
- The feasibility of their plan to utilize and incorporate the technology
- How realistically the business will integrate the technology into the daily/monthly operations of their business.
- The extent to which software and hardware will improve, grow, and/or strengthen the business.
- Availability of funds (limited funds are available)
- 8. Grant size: between $1,500 and $10,000 (grant must be no more than 75% of total cost of proposed technology expenditures
TECHBOOTCAMPS offers scholarships to MA vets
TECHBOOTCAMPS offers $500 scholarships for Massachusetts Veterans in the software engineering field. These boot camps are full-tuition eligible in the Commonwealth of Massachusetts for all returning veterans (no prior residency required), or unemployed veterans living in the state. In fact, anyone can enter to win a FREE scholarship!
Become a Web Developer in just 8 weeks
TECHBOOTCAMPS can take you from a ‘beginner’ to an employable Web Developer in 8 weeks. The prime focus of these boot camps is intensive hands-on website building – versus listening to lectures. They call this project-based learning. Does it work? Think about learning to swim, or to draw, or to write – or how you’ve learned any other skill.
And at the end of the 8 weeks, TECHBOOTCAMPS goes a step further for you. They invite employers in to meet you. And if they hire you? Well, that’s another good part of this program: TECHBOOTCAMPS will reimburse all or most of your tuition! Find out more here.