Comparison of Two Programs

Empowering Small Business


NOTICE:

On February 18, 2025, Massachusetts Growth Capital Corporation will be merged with MassDevelopment in accordance with the Mass Leads Act of 2024. As the Growth Capital Division of MassDevelopment, we will continue to provide support to small businesses in Massachusetts through alternative funding, resources, and individualized services while enhancing our capacity to offer more support through this integration. Current and prospective clients should continue to visit this website until further notice to learn about the ways we can assist.

Access to Capital for Massachusetts Businesses

MGCC drives economic growth through access to alternative funding, resources, and individualized services to identify and structure solutions tailored to each small business in Massachusetts.

Financing

FOR BUSINESSES

 

Loans & Guarantees

Offering financing options from $100,000 to $2,000,000 including term loans, lines of credit, real estate enhancement financing, guarantees and more.

 

Microloan Program

Financing from $5,000 to $100,000.

Grants

FOR ECON. DEV. NONPROFITS

 

Small Business Technical Assistance

Supporting essential resources for small business growth.

 

Microlending Operations Support & CDFI Lending Capital Matching Funds Grant Program

A matching grant for non-profit, community-based lenders.

Resources

Application Portal

Sign-in to access your application account.

 

MGCC News

Explore our latest news stories.

 

Recently Funded Projects

Learn more about the projects MGCC has recently financed.

 

Let's Work Together

To accomplish our mission, MGCC partners with local banks and lending institutions, community development corporations, and other nonprofit organizations to finance projects that support jobs and economic development throughout the Commonwealth. 

Reach out to us and explore the ways that we can help.