Starting A Business in Boston
Boston Loan Development Corporation
The BLDC provides loans of up to $150,000 for businesses in, or relocating to, the City of Boston. These loans can be used when buying a new business property, purchasing equipment and machinery, constructing an addition to an existing plant, making leasehold improvements or providing working capital to grow your business.
Boston Industrial Development Financing Authority
BIDFA promotes economic growth and increased employment in the City of Boston by issuing bonds that finance the capital needs of the city's businesses and institutions. The credit of the borrower, and not that of the City of Boston, BIDFA, or the Commonwealth of Massachusetts, is pledged to repay the bonds.
ReStore Boston is a city wide program that provides grants and loans up to $7,000 per storefront to help neighborhood business and property owners complete storefront renovation projects. In addition to funding, ReStore Boston provides professional architectural design services at no cost to the business to ensure improvements are well planned and of the highest quality.
Partners with Nonprofits
Partners with Nonprofits provides matching grants up to $25,000 to help nonprofit organizations enhance the infrastructure of facilities that serve the immediate community. Awards are made annually based upon a competitive Request-for-Proposal process.