By PBN Staff
WALTHAM, Mass. – The Smaller Business Association of New England has announced additional funding for its Manufacturing Matching Grant Program, an initiative designed to provide funds for high-powered consulting expertise to small and medium-sized manufacturers.
The grant program may award up to $7,500 per company and requires a dollar-for-dollar match by the company. According to the release, if a company’s application is selected, it will send 50 percent of the projected project cost to SBANE, which will pay the third part consultant directly.
The program is limited to Massachusetts-based manufacturing companies only. In order to be eligible, companies must meet the criteria used by the state of Massachusetts to define a “manufacturing corporation.”
To apply, companies should complete the one-page application and submit it along with a detailed statement describing how the project will benefit the company as well as a number of other details, including: how many jobs the company has, the impact the project will have on the company, the consultant proposal, a task statement and a project timeline.
SBANE will be accepting applications for the competitive, one-time matching grant program until March 4 at 5 p.m. Applications will be vetted by a committee of seven.
Applications may be sent via email to email@example.com or mailed to:
The Smaller Business Association of New England
ATTN: Sarah Henry/Manufacturing Matching Grant Program
1601 Trapelo Rd., Suite 212
Waltham, MA 02452
In order to ensure arrival by close of business on March 4, applications should be postmarked no later than March 1.