MassDevelopment

Collaborative Workspace Program

The Collaborative Workspace Program provides funding to support the development of collaborative workspaces and accelerate the pace of new business formation, job creation, and entrepreneurial activity. 

This program is part of the Community One Stop for Growth, a single application portal and collaborative review process of community development grant programs that makes targeted investments based on a Development Continuum.

Funding Categories

Awards are made through two funding categories: 

Seed/Feasibility Grants
The maximum amount for a Seed/Feasibility Grant is $15,000 and can be used for predevelopment costs including feasibility studies and design work. 

Fit-Out Grants
The maximum amount for a Fit-Out Grant is $100,000 and can be used to purchase materials and pay for third-party labor for workspace improvements.

  • To be eligible for a Fit-Out Grant, you must be a building owner hosting a collaborative workspace or an operator of a collaborative workspace registered with the Secretary of State.

Applicants must match the grant amount. Grants cannot be used for administrative overhead, staff time/payroll, legal fees, operating costs, etc. An applicant can apply for one or the other grant, but not both in the same application round. 

The application process is highly competitive and MassDevelopment may award less than the requested amount. You must show a demonstrated mission critical need that will provide essential benefits for your member/user community. Please carefully review more details in the Program Guidelines found here: 

program guidelines

apply for collaborative workspace funding

 

For more information, contact:

cowork@massdevelopment.com