Massachusetts Small Business Grants

Last Updated on August 23, 2023 by Hannah Stevens

The federal government allocates the majority of the budget of more than $22,382.00 million dollars annually in grants and local funding sources of $15.200.00 million dollars. This is because small and large businesses are the backbone of Massachusetts’ economic growth. Massachusetts has 138,370 businesses. They are broken down into the following:

Massachusetts Business Sector Breakdown by Size:

80,635 businesses in Massachusetts have between 0 and 4 employees. This breakdown includes those who work from home as sole proprietors.
23,739 businesses in Massachusetts have between 5 and 9 employees.
15,012 businesses in Massachusetts have between 10 and 19 employees.
12,615 businesses in Massachusetts have between 20 and 99 employees.
3,403 businesses in Massachusetts have between 100 and 499 employees.
Over 2,966 businesses in Massachusetts have over 500 employees.

Massachusetts Business Sector Breakdown in Service Industries:

The Professional, Scientific and Technical Services sector have 21,721 Massachusetts Businesses under its registry
The Administrative, Support, Waste Management, and Remediation Services sector have 9,845 Massachusetts Businesses under its registry
The Accommodation and Food Services sector have 16,062 Massachusetts Businesses under its registry
Massachusetts has more than 16,550 registered companies. They are service-oriented businesses that are not yet included in the above categories.

You may also be eligible for grants for small businesses if you work in the agriculture industry. Massachusetts has more than 8,000 farms.

Small Businesses in Massachusetts

It is difficult to start and manage a small business in Massachusetts. In Massachusetts, more than $153,775,000,000.00 US Dollars are spent on employee salaries/payroll. Every year, more than 22942 businesses file for bankruptcy. The federal government doesn’t provide grants to entrepreneurs for expanding or starting a business. However, small business grants can be granted in Massachusetts to help business owners start or grow their businesses. Grant recipients don’t have to repay the government funding. It is worth looking into small business grants to help fund your business.

Recent State Funding Opportunities

Below is a list of opportunities recently published in the local state:

FUNDING NUMBER	FUNDING TITLE
21JD08	Massachusetts Staffing Project, Phase II.
USDA NRCS MA CIG NOFO0001057	Announcement for Program Funding for NRCS’ Conservation Innovation Grants (CIG) for Federal fiscal year (FY) 2021 – Massachusetts
USDA NRCS MA EQIP 21 NOFO0001047	Watershed Assessments for the National Water Quality Initiative in Western Massachusetts
USDA NRCS MA MULTI 20 NOFO0001026	Cooperative Conservation Agreements, Fiscal Year 2020 Announcement for Funding – Massachusetts
USDA NRCS MA CIG 20 GEN0010776	Announcement for Program Funding for NRCS’ Conservation Innovation Grants (CIG) for Federal fiscal year (FY) 2020 Massachusetts
HHS 2020 ACF OHS CH R01 1788	Head Start and/or Early Head Start Grantee — Cape Cod and the Islands, and the Town of Wareham, Massachusetts
HHS 2020 ACF OHS CH R01 1632	Head Start and/or Early Head Start Grantee — The Towns of Lynn, Saugus, Nahant, Swampscott, Marblehead and Lynnfield, Massachusetts
USDA NRCS MA CTA 19 GEN0010275	Massachusetts Conservation Planning & Implementation Support Partnership Fiscal Year 2019 Announcement for Funding
HHS 2019 ACF OHS CH R01 1410	Head Start and/or Early Head Start Grantee — The Cities of Cambridge and Somerville, Massachusetts
NPS 17 NERO 0130	Inventory and Monitor Endangered Archeological Sites at Great Island and Great Beach Hill, Cape Cod National Seashore, Wellfleet, Massachusetts

You can also find Maryland small business grants and Michigan small business grants on our site.