Main Local Economy Information in Massachusetts
Massachusetts' economy thrives on higher education, health care, finance, and technology sectors. It is also a leader in biotechnology, engineering, and data analytics.
Your Massachusetts and Local Small Business Funding Guide
Massachusetts offers various grants, loans, and tax incentives, particularly for technology and biotech startups. Programs also focus on renewable energy and digital health ventures.
Small Businesses in Massachusetts
Small businesses in Massachusetts play a critical role, especially in the tech, healthcare, and education sectors. The state supports these enterprises with innovation centers and startup accelerators.
Documents Needed to Get a Small Business Loan in Massachusetts
- Detailed business plan
- Profit and loss statements
- Balance sheets and cash flow statements
- Business and personal tax returns
- Business registration and licensing documents
Massachusetts Department of Commerce: Key Functions and Contact Information
Website URL: Massachusetts Office of Business Development
Phone: [617-973-8600]
Address: 10 Park Plaza, Suite 3730, Boston, MA 02116
Local Resources in Massachusetts
Resources for small businesses include the Massachusetts Small Business Development Center Network, various business incubators, and technology grants.
How to be Successful with Business Funding in Massachusetts
Success in securing funding in Massachusetts often involves networking within local industry clusters and leveraging state and local economic development programs.
SBA Resources in Massachusetts
The SBA provides numerous programs tailored to Massachusetts' industries, including funding for technology ventures, as well as general small business loans, government contracting opportunities, and disaster assistance.