The City of Framingham Microenterprise Assistance Program (MAP) is funded by Community Development Block Grant funds from the US Department of Housing and Urban Development and is administered by the City of Framingham Community Development Program, part of the Division of Planning and Community Development.
Donor Name: City of Framingham
State: Massachusetts
City: Framingham
Type of Grant: Grant
Deadline: 10/20/2023
Size of the Grant: Up to $5,000
Details:
The City of Framingham Community Development Program encourages all kinds of entrepreneurs to consider the Microenterprise Assistance Program – whether you are just starting out with a good idea or have an existing small business that needs help to continue to grow.
All business sectors legal under federal law– including but not limited to industry, retail, services, agriculture and tourism are eligible for the program.
The Community Development Program understands that small business owners need access to money but often do not qualify for standard bank grants because they lack a business history, sufficient collateral, or have limited credit.
Funding Information
The City has grants up to $5,000 for businesses that have 5 or fewer employees including the owner.
Eligibility Criteria
The Microenterprise Assistance Program will provide ten one-time grants of $6,300 to eligible businesses. Please note that funding is limited. All start-up businesses and existing businesses must be physically located in Framingham and will be required to submit a business plan when applying for a Microenterprise grant. Funds can be used for payroll expenses, lease, business mortgage, or the purchase of new equipment to expand business offerings.
For more information, visit City of Framingham.