At MassDevelopment, we provide grant money for programs that are specifically designed to improve economic development and competitiveness across the Commonwealth.
- Brownfields Redevelopment Fund - Created to encourage the reuse of Brownfield sites — vacant or underutilized properties complicated by environmental contamination and liability. In FY17, the Commonwealth authorized $45 million in capital funding for the Brownfields Redevelopment Fund. To ensure the Fund’s sustainability and reduce the need for recapitalization, MassDevelopment has adjusted the program to increase repayment from municipalities that benefit from economic development as a result of brownfields funding. That reimbursement would come from a share of tax collections on successful, revenue-producing sites, which benefit both the community and the Commonwealth.
- Brownfields Site Assessment Program - Provides unsecured, interest-free financing up to $100,000 per site for environmental testing.
The Collaborative Workspace Program provides funds to accelerate the pace of new business formation, job creation and entrepreneurial activity in Massachusetts communities, by supporting infrastructure that funds community-based innovation. Click here for more information and to apply.
Commonwealth Places provides a creative funding mechanism to advance community placemaking projects throughout Massachusetts. The statewide program will help fund place-based, community-driven projects – art installations, parks, bike trails, markets, and more – that revitalize downtowns and neighborhood commercial districts. The program aims to engage and mobilize community members to make individual contributions through a crowdfunding platform with the incentive of a dollar-for-dollar funding match (up to $50,000) from MassDevelopment if the crowdfunding goal is reached within 60 days. Click here for more information and to apply.
The Cultural Facilities Fund is an initiative to increase public and private investment in cultural facilities throughout the state. The program is administered jointly with the Massachusetts Cultural Council 501(c)3 organizations engaged in the arts, humanities, or interpretive sciences. Three types of grants are available:
- Capital Grants for the acquisition, design, construction, repair, renovation, and rehabilitation of a cultural facility.
- Feasibility and Technical Assistance Grants for the planning and assessment of a cultural facility.
- Systems Replacement Grants for 20-year capital needs assessments of buildings and mechanical systems.
Eligible facilities include:
- Historic sites
- Concert halls
- Exhibition spaces
Additionally, these facilities must be:
- Owned, leased, or used by one or more nonprofit cultural organizations
- Accessible to the public
- Public or private institutions of higher education that own cultural facilities that:
- Provide service and open access to the community and the general public beyond their educational mission
- Demonstrate financial need
Facilities owned by municipalities must be at least:
- 50,000 square feet
- 50% devoted to cultural purposes
All grants must be matched by contributions from the private or public sector.
Created to help manufacturing companies in Massachusetts grow and thrive. Our initiatives include:
- AMP it up! Campaign - Promotes advanced manufacturing as an attractive career path to students and displaced workers. Grant recipients will create community-based programs and activities to help dispel common misconceptions about today’s manufacturing industry.
- Manufacturing Innovation Grants - Helps small- and medium-sized manufacturers access equipment, receive expert consulting on product development, and stay competitive. MassDevelopment will pay the lesser of $75,000 or 75% of the contract cost.