Massachusetts

 small business grants

Looking to boost your Massachusetts-based small business? The state offers several small business grant programs to help fuel growth and encourage job creation.

Massachusetts offers several workforce development programs to support employee training and help businesses improve productivity and competitiveness. Programs like the Workforce Training Fund Program (WTFP) and the Massachusetts WorkShare Program provide financial support for training and workforce retention, benefiting businesses across various industries.

Workforce Training Fund Program (WTFP)

  • Purpose: Provides resources for employee training to enhance business productivity and competitiveness.
  • Eligibility: Massachusetts businesses that pay into the Workforce Training Fund.
  • Benefit: Grants up to $250,000 for training initiatives, available for up to 2 years.
  • Application process: Apply through Commonwealth Corporation.
  • More info: Awarded $10.9 million to 125 businesses in 2024, projected to train over 6,600 workers.

Massachusetts grants for small businesses

For Massachusetts grants for small businesses, the Workforce Training Fund Program offers substantial funding to support employee training, ensuring that businesses can remain competitive and improve workforce skills.

Other relevant programs in Massachusetts

  • Express Program (part of WTFP): Offers fast and flexible access to training grants for small and medium-sized businesses, providing up to $30,000 per year with 50% to 100% reimbursement, covering up to $3,000 per person per course. Applications are processed through Commonwealth Corporation, with a quick 3-week lead time.
  • General Program (part of WTFP): Supports large-scale, strategic training projects for businesses of all sizes, with grants ranging from $10,000 to $250,000. Requires a dollar-for-dollar match and a 90-day lead time. Apply through Commonwealth Corporation.
  • Massachusetts WorkShare Program: Helps employers avoid layoffs during economic downturns by allowing work hour reductions while employees collect partial unemployment benefits. Available for up to 52 weeks, with applications managed through the Massachusetts Department of Unemployment Assistance.

Helpful websites for small business grants in Massachusetts

  • Workforce Training Fund Program overview
  • Massachusetts Workforce Skills Fund information
  • Commonwealth Corporation - Workforce Training Fund Program
  • WorkShare program for employers
  • Workforce Training Fund Programs overview
  • Express Program details
  • General Program details
  • Executive Office of Labor and Workforce Development
  • Department of Unemployment Assistance
  • Career Technical Initiative information
  • List of small business grants

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