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Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Loans

Massachusetts Growth Capital Corporation (MGCC) Loans and Grants

Status

Open continuously

No deadline — apply whenever you are ready.

Always open
Amount
$100,000

Microloans of $5,000 to $100,000 for Massachusetts small businesses (working capital, furniture, fixtures, supplies, materials, equipment). Max amortization 6 years; personal guaranty and lien on business assets required; minimum personal credit score 575.

Funder

Massachusetts Growth Capital Corporation

public · regional

Deadline: Open all year — Microloans are open on a rolling basis. The Biz-M-Power matching grant deadline has passed; other MassDevelopment grants (e.g. Small Business Technical Assistance, up to $150,000 for FY27) go to nonprofit support organisations, not directly to businesses.

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
quick

Quick — mostly identity and bank details.

Who can apply

Existing for-profit Massachusetts-headquartered business operating at least 12 months (or nonprofit childcare entity); minimum personal credit score 575; no charge-offs or government liens; two years of personal and business tax returns. Real estate investment businesses excluded.

Related reading: How grant deadlines actually work · The EU SME definition (Recommendation 2003/361)

Apply on the funder's site

Source. https://www.massdevelopment.com/products-and-services/financing/loans/

"Microloans provide financing from $5,000 to $100,000 for Massachusetts small businesses to assist with working capital, or the purchase of furniture, fixtures, supplies, materials, and/or equipment."

Last checked against the official page on 5 October 2026

Source: www.massdevelopment.com

Report an error Something wrong or out of date? Tell us.

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