SBA January Calendar l New Year, New Business

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Massachusetts District Office  

u s small business administration

January Education Calendar

Photo of the numbers 2023 and the following text: Happy New Year. The SBA logo is at the bottom.


Happy New Year from all of us at the SBA's Massachusetts District Office!

We have resources to help you start, grow, expand, or recover your business in 2023. Visit our website at: www.sba.gov/ma


1/11 MA SBA Virtual Café: New Year, New Business

New Year

 

REGISTER


Start fresh with a new idea this year! Get started on your dreams with help from experts at the Massachusetts Small Business Development Center, the Berthiaume Center for Entrepreneurship at UMass Amherst, and the SBA. They'll talk about the steps to start a business and answer any questions you may have.

Blue background with the SBA logo at the bottom and the following text: Martin Luther King Jr. Day, January 16, 2023.


Did you know that #MLKDay is the only federal holiday designated as a national day of service to encourage all Americans to volunteer to improve their communities? Learn more: http://ow.ly/txj050LZNLj


2023 Growth Accelerator Fund Competition

Growth Accelerator Fund Competition


The U.S. Small Business Administration (SBA) is offering $50,000 to $200,000 in prize awards for impactful and inclusive approaches to foster a thriving, collaborative national innovation support ecosystem to advance research and development (R&D) from ideas to impact.
 
By fostering connections between entrepreneurs, advisors, mentors, partners, philanthropies, corporations, investors, and other shared resources, the 2023 Growth Accelerator Fund Competition (GAFC) will catalyze strategic ecosystem partnerships to build community and organizational capacity for the successful launch, growth, and scale of STEM (Science, Technology, Engineering, and Mathematics)-based entrepreneurs and startups.
 
Competition Goals:

  • Increase the pipeline and success of STEM/R&D-focused entrepreneurs and small businesses;
  • Increase the success of STEM/R&D-focused entrepreneurs in accessing capital and resources to advance their businesses;
  • Incentivize innovation ecosystem stakeholders to provide equitable access to resources for underserved communities and industries;
  • Catalyze partnerships and relationships between stakeholder groups to strengthen the national innovation ecosystem; and
  • Connect both new and established participants in the national innovation ecosystem


LEARN MORE AND APPLY HERE

 

Prizes awarded in Two Stages:

Stage One: $50,000 cash prizes will be awarded to organizations (Catalysts) to catalyze relationships between aligned stakeholders (Ecosystem Partners) that lead to the development of Growth Accelerator Partnerships. Catalysts work collaboratively with Ecosystem Partners to bring additional resources, deepen network connections, and develop strategies that amplify the impact and success of the Growth Accelerator Partnership and the STEM/R&D-focused entrepreneurs and small businesses it serves. SBA encourages creative models for ecosystem building. SBA welcomes Stage One submissions from a broad range of organizations with a collaborative vision to nurture a national ecosystem for equitable access to entrepreneurship.
 
Stage Two: $50,000 to $150,000 cash prizes will be awarded to Growth Accelerator Partnerships to provide assistance to entrepreneurs that transition R&D into the marketplace. The Growth Accelerator Partnership will provide startups and small businesses with additional support and resources. SBA will accept Stage Two submissions from Growth Accelerator Partnerships; submissions will be prepared jointly by Stage One Catalysts and Ecosystem Partners and will present their proposal to successfully accelerate the launch, growth, and scale of diverse STEM/R&D-focused small businesses.


Upcoming Events

Monday 1/9/23 / 1:00pm - 4:00pm
Basics of Starting Your Business

Tuesday 1/10/23 / 10:00am - 11:00am
Turnaround Tuesdays: WOSB Returns Webinar

Tuesday 1/10/23 / 12:00pm - 1:00pm
I'm Certified. Now What? - WBENC - Live Webinar

Tuesday 1/10/23 / 1:00pm - 2:30pm
Steps to Start a Business - CWE Central MA - Live Webinar

Tuesday 1/10/23 / 1:00pm - 2:30pm
How To Start A Business Using A Free SCORE Mentor

Tuesday 1/10/23 / 1:30pm - 2:30pm
8 Customer Retention Tips for Small Businesses

Tuesday 1/10/23 / 1:30pm - 2:30pm
Whatsapp Business Para Tu Negocio

Tuesday 1/10/23 / 5:00pm - 6:00pm
Intro to the Business of Fashion - Part 2

Tuesday 1/10/23 / 6:00pm - 8:00pm
Women Entrepreneur Workshop Series: Access to Capital - Live Workshop

Wednesday 1/11/23 / 10:00am - 11:00am
Excel Functions — Power Tools for Your Formulas

Wednesday 1/11/23 / 12:00pm - 1:00pm
Starting a Business 101

Thursday 1/12/23 / 12:00pm - 1:30pm
Why Email Newsletters are your Best Friend - CWE Central MA - Live Webinar

Thursday 1/12/23 / 1:00pm - 2:30pm
2023 Hottest Business Ideas, Trends & Markets

Thursday 1/12/23 / 12:00pm - 1:30pm
Business Planning - The Easier Way

Friday 1/13/23 / 12:00pm - 1:00pm
How’s Your Social IQ?

Tuesday 1/17/23 / 9:00am - 10:00am
GET STARTED-Doing Business with the Federal Government

Tuesday 1/17/23 / 9:00am - 10:00am
EFFECTIVE WEB SITES GET DESIRED RESULTS

Tuesday 1/17/23 / 11:00am - 12:00pm
Get Your Ducks in a Row for Tax Prep

Tuesday 1/17/23 / 12:00pm - 1:00pm
Creating The Effective Elevator Pitch

Tuesday 1/17/23 / 2:00pm - 3:00pm
Business Credit - Part 1

Tuesday 1/17/23 / 1:00pm - 2:30pm
How Servant Leadership Saved My Company - CWE Central MA - Live Webinar

Tuesday 1/17/23 / 5:30pm - 6:30pm
MGCC Empower Digital Grant Info Session ENGLISH - CWE EM - Virtual Workshop

Wednesday 1/18/23 / 12:00pm - 1:30pm
Key Agreements That All Small Business Owners Should Have

Wednesday 1/18/23 / 12:00pm - 1:00pm
Tax Preparation for the Self-Employed


1/18 EIDL: You Got the Loan, Here’s How You Pay It Back

Covid EIDL


Wednesday, January 18th / 9:00am - 11:30am

 

REGISTER

 

The amazing news is that when your business most needed money, the SBA made it available.

November is when the deferment ends for early loan recipients with many more borrowers in the queue. In order to get you best prepared to pay it back SCORE is partnering with the SBA to give you the details.

In this informative webinar you’ll learn how to set up your account, make timely payments, and get a plan of action in place to move forward into 2023. You’ll be in excellent company, as over a million borrowers per month are doing the same. Don’t miss the party.

Presenter: Diane Darling, SBA Lender Relations Specialist



Thursday 1/19/23 / 10:00am - 11:30am
Starting & Growing a Business The SBA Advantage

Thursday 1/19/23 / 11:00am - 12:00pm
Canva 101

Thursday 1/19/23 / 12:00pm - 1:30pm
Advanced Email Newsletters and Trends - CWE Central MA - Live Webinar

Thursday 1/19/23 / 1:00pm - 2:30pm
Should You Get Certified as a Woman-owned, Veteran-owned or Minority-owned Business?

Friday 1/20/23 / 12:00pm - 1:30pm
MGCC Grant Program for Boston Based Businesses

Tuesday 1/24/23 / 9:00am - 10:30am
SBA 8(a) Business Development Program

Tuesday 1/24/23 / 2:00pm - 3:00pm
Business Credit - Part 2


1/24 Tax Filing Requirements for Small Businesses in Mandarin - 小企业的税务申报要求 - 普通话讲座

Tax Prep Chinese


Tuesday, January 24th / 1:00pm - 2:30pm

 

REGISTER

 

日期:2023 年 1 月 24 日
时间:中午 12:00 至 下午 1:00

这个网上讲座将会以普通话进行, 我们会讨论以下内容:

2022 年和2023年重要税务更新
各种企业形式的税务种类
小企业的税务申报要求
其他与小企业有关的税务优惠, 例如家庭办公室费用、企业用车和商务用餐费用等

参与者将有机会提问

主讲人 :Sam Liang, CPA, MSA (注册会计师, 会计硕士)

现任税务经理,有着多年税务经验。曾任职于四大会计师事务所和地区性会计师事务所。经验覆盖初创企业到跨国公司,涉及众多行业,例如房地产、制造研发、私募基金、生物科学、和专业服务等行业。Sam同时也是所任职公司的国际税务团队成员,为客户提供跨国的美国税务合规和咨询服务。


 

Tuesday 1/24/23 / 1:00pm - 2:30pm
Business Plan Basics - CWE Central MA - Live Webinar

Wednesday 1/25/23 / 10:00am - 11:30am
Quickbooks Intro, Set Up and Problem Solving

Wednesday 1/25/23 / 3:00pm - 4:30pm
Succession Planning - Is your Business Ready?

Wednesday 1/25/23 / 6:00pm - 8:00pm (10 SESSION SERIES)
Business Planning Course - CWE EM - Virtual

Thursday 1/26/23 / 12:00pm - 1:00pm
Brand-Building For Small Businesses - CWE Central MA - Live Webinar

Thursday 1/26/23 / 9:00am - 12:00pm
Basics of Starting Your Business

Thursday 1/26/23 / 10:00am - 4:00pm
Pre-Export Expo Workshops

Thursday 1/26/23 / 12:00pm - 1:30pm
Business Foundation- The Importance of CASH FLOW

Tuesday 1/31/23 / 2:00pm - 3:00pm
Business Credit - Part 3

Tuesday 1/31/23 / 6:00pm - 8:00pm (10 SESSION SERIES)
Programa de Planificación de su Negocio - CWE EM - Vivo virtual


1/27 Massachusetts Export Expo (held virtually this year)

Export Expo


Join us for the Export Expo – the state’s largest and most important export event of the year that brings together resources, training and information for the local exporting community! 

REGISTER

 

The Massachusetts Export Center’s Export Expo provides a forum for exporters to connect with the wide range of export resources available in Massachusetts while learning about issues that impact their day-to-day operations. 

This year’s Export Expo will again be a virtual event that will include an exhibit area featuring government, non-profit and private sector service providers serving the export community. The Export Expo will also feature a lineup of workshops, panel discussions and special addresses on a wide variety of export-related topics.


NEWS RELEASE: SBA Announces End-of-Year Capital Benchmarks Showing Historic Support for Small Businesses Under Administrator Guzman

Agency provided nearly $43 billion through small business capital programs in Fiscal Year 2022, 504 Loan and SBIC programs reached historic funding levels and small dollar and export loans increased as Administrator advanced reforms to close capital access gaps for underserved communities

Release Date: December 13, 2022               
Release Number: 22-100

WASHINGTON – Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced that the Agency reached nearly $43 billion in funding to small businesses, providing more than 62,000 traditional loans through its 7(a), 504, and Microloan lending partners and over 1,200 investments through SBA licensed Small Business Investment Companies (SBICs) for Fiscal Year (FY) 2022.

“While still managing billions in COVID relief, the SBA also delivered record lending in FY22, helping tens of thousands of entrepreneurs across our nation get the needed funding to start, grow, and build resilient businesses,” said SBA Administrator Guzman. “Our work at the SBA, under the Biden-Harris Administration, addresses entrenched inequities in capital markets and throughout our economy.  We continue to make progress expanding our network of SBA lenders and removing barriers to capital for small businesses – the foundation of a competitive global economy.”

Despite ongoing, structural challenges that exist for small business owners when seeking capital, the SBA’s efforts in helping them pursue their American dream showed signs of progress. Notably, the SBA’s low-interest 504 loan program grew in volume to $9.2 billion, a record level of lending for the 504 program. In addition, the 7(a) program saw an increase in small-dollar loans, evidence of the SBA’s prioritization of startups and businesses hampered by gaps in credit markets.

While the general pace of U.S. private funds capital raising and deployment slowed in 2022, SBA committed nearly $4 billion to Small Business Investment Companies (SBIC) licensees who then, in turn, deployed nearly twice that amount in financing to U.S. small businesses and startups. Underpinning this growth was a focus on deploying capital to groups that have previously been underrepresented in the investment ecosystem. In 2022, the SBA increased the number of financings to women-owned, minority-owned, and veteran-owned small businesses by 29 percent compared to the previous year, and 62 percent of the private funds that received an SBIC license in 2022 were managed by general partnerships inclusive of women, minority, or veteran investment principals. 

“The SBA continues to make headway in helping startups and small businesses access much-needed capital, but much more work remains to be done,” said Patrick Kelley, Associate Administrator for the SBA’s Office of Capital Access. “Our flexible, low-interest 504 loan program grew in loan volume by 12 percent, and the SBA team is already at work for FY23 to support job and entrepreneurial growth across the country.”

Bailey DeVries, Associate Administrator for the SBA’s Office of Investment and Innovation added, “FY22 set SBIC program record highs of $7.9 billion in small business financings which, in turn, created and sustained ~130,000 U.S. jobs, and the SBIC portfolio grew to approximately $38 billion in public and private capital. With the SBA’s proposed regulatory reforms, we’ll build on the exciting momentum by diversifying and expanding this important public-private investment program and collaborating with industry to stimulate the flow of capital to small businesses in underserved communities and undercapitalized industries critical to our national security.”

“Ninety-five percent of the world’s consumers live outside the U.S.,” noted Gabriel Esparza, Associate Administrator for the SBA’s Office of International Trade. “Yet, the challenges U.S. small business exporters face in expanding to foreign markets include longer sales cycles and heightened country and currency risk. Our export financing volume grew by over 28 percent (vs. FY’21) and we remain committed to closing the trade finance gap with an increased focus on export working capital solutions.”

By the Numbers: Overall Funding and Impact

In the execution of commitments made under Administrator Guzman to address persistent gaps that remain for certain communities in accessing capital, the SBA continues to innovate and retool its programs, while deepening outreach efforts to better reach business owners across the nation, particularly from traditionally underserved communities. FY22 regular business lending and investment programs data of note includes:

  • $25.7 billion in 7(a) loans: Returning to pre-pandemic levels, nearly 47,700 7(a) loans worth $25.7 billion were provided to small businesses. In total, 68 percent of the loan volume (32,152 loans) were small dollar loans of $350,000 or less, with the program originating more loans under $150,000 in FY22 than in both FY21 and FY20. Lenders also reported that minority business owners received over $8.3 billion in 7(a) loans and women business owners received nearly $7.3 billion in 7(a) loans in FY22.
  • $9.2 billion in 504 loans: Working with authorized Certified Development Companies (CDCs), the SBA’s 504 program delivered 9,254 fixed-rate loans for equipment and real estate worth more than $9.2 billion to small businesses, the highest lending level in the program’s history. According to reporting by CDCs, the program provided $2.5 billion in lending to minority business owners and almost $900 million to women-owned businesses, while the number of rural small businesses served increased by nearly 15 percent.
  • $82.6 million in microloan funding: Up from FY21, $82.6 million in Microloan funding went to 5,055 small businesses, with 76 percent of loans going to underserved communities, including Hispanic-owned and Black-owned small businesses, per lender reporting.
  • $7.9 billion in funding through private debt and equity funds licensed as SBICs: In an increase over FY21, financing was provided to 1,217 small businesses and startups, of which 26 percent were women-owned, minority-owned, and veteran-owned small businesses or located in underserved geographic areas.
  • $584.4 million in export-related trade finance: Reversing a four-year downward trend, and despite a strengthening U.S. dollar environment, the SBA underwrote $275.3M in Export Express and International Trade term loans, while simultaneously expanding its Export Working Capital portfolio to $309.1M.      


Closing the Capital Access Gap by Ensuring Small Businesses Have Products to Meet Today’s Needs

The SBA’s existing traditional loan programs serve an important role in credit markets for small businesses, particularly entrepreneurs with collateral and demonstrated revenue who are denied a commercial loan or market terms or those who lack established relationships with traditional lenders. These products also remain extremely attractive to those small businesses still navigating various economic challenges along their entrepreneurial journey.

Under Administrator Guzman’s leadership, the SBA has committed to expanding access to its core lending programs and better meeting the needs of entrepreneurs to achieve more successful outcomes in job creation, U.S. exports and GDP.

  • Reducing costs for those who need relief: To make its 7(a) program more cost effective for borrowers and lenders, the SBA reduced 7(a) fees to zero in FY23 for borrowers and participating lenders on loans up to and including $500,000.
  • Addressing systemic gaps in access to capital for the smallest, underserved businesses: Administrator Guzman authorized the expansion of the Community Advantage program to increase the number of mission-based lenders, and further provided revised guidance that streamlines eligibility and underwriting requirements to simplify the delivery of small-dollar loans through the program. Changes included providing increasing the threshold for required collateral to only loans above $50,000, to further support small-dollar loans.
  • Decreasing market gaps in FY23: As a top priority in FY23, the SBA is proposing regulatory reforms to its affiliation and other rules to offer the same streamlining it created under Community Advantage across the 7(a) program. It has also proposed a rule change to increase the number of permanent Specialized Small Business Lending Companies (SBLCs) in the program, helping to identify and close holes in the market that far too many under-resourced small businesses fall through. Additionally, acknowledging that small business exporters face unique challenges in selling abroad, the SBA will also focus on expanding and tailoring working capital solutions in FY23.

 

Positioning Our Innovative Small Businesses and Startups for Success in the Early Stages, Across Critical Industries, By Transforming Investment Strategies and Networks

  • Diversifying and expanding the reach of private investment in FY23: An additional top priority in FY23, proposed reforms are planned to go into effect to address structural aspects of the SBA’s public-private investment partnership, the SBIC program, which has historically limited the flow of licensed SBIC capital to small businesses and startups not adequately financed by private markets alone. The goal is to increase new fund managers, diversify financing strategies, and private funds focused on equity-oriented investments in the SBIC program so small businesses and startups, especially those in underserved communities and geographies, capital-intensive industries, and undercapitalized technologies critical to national security can more readily gain access to private capital.

SBA MA District Office Events

The Massachusetts District Office held its Annual Meeting & Lender Awards event in-person today for the first time since 2019!   About 100 lending partners, resource providers and friends joined at the Tip O’Neill Federal Building to celebrate another successful year of supporting small businesses in the Commonwealth.  District Director Bob Nelson and Regional Administrator Mike Vlacich opened the program with special guest, Secretary Mike Kennealy of Massachusetts Executive Office of Housing and Economic Development.  The program included networking and a Capital Connections Panel: Lending to Underserved Communities with speakers: Callie Flanagan, Common Capital; Karim Hill, BDC Community Capital; Amine Benali, LEAF Fund.  Following the panel, we announced the Lender Awards for 2022 to recognize the hard work and achievements of our SBA lending community.  Over 100 attendees!

Annual Meeting & Lender Awards
Annual Meeting
Annual Meeting


The MA SBA continues with its FY 23 strategy of "in person" capital matchmakers.     Yesterday's event was held in Worcester and organized by LRS Carlos Hernandez with support from LRS Dan Martiniello and with our community partner, the Latin American Business Organization (LABO).   Opening remarks were made by District Director Bob Nelson, followed by LABO President Elizabeth Cruz,  Sarai Rivera from the Worcester City Council, Edgar Luna Economic Business Development Manager for the City of Worcester and Tania Medina AVP of Unibank.    Following opening welcomes, the program had two different Access to Capital panels moderated by LRS Martiniello and LRS Hernandez and the event concluded with open matchmaking between small businesses and lenders.     Much of the program was conducted en espanol.   Attendance is estimated at 75 small businesses (new and existing) and was held in Tilton Hall of Clark University where our central MA SBDC is based.   The MA SBA continues to receive very positive feedback from participants and more capital matchmakers are in the planning process.  

Capital Matchmaker

Government Contracting and Business Development

Government contracting

 

Tuesday 1/10/23 / 10:00am - 11:00am
Turnaround Tuesdays: WOSB Returns Webinar

Tuesday 1/17/23 / 9:00am - 10:00am
GET STARTED-Doing Business with the Federal Government

Thursday 1/19/23 / 1:00pm - 2:30pm
Should You Get Certified as a Woman-owned, Veteran-owned or Minority-owned Business?

Tuesday 1/24/23 / 9:00am - 10:30am
SBA 8(a) Business Development Program

Gov Contracting

Get weekly information on eligibility assistance for HUBZone certification

Members of the HUBZone team answer questions on a weekly basis to help firms navigate the certification process.

When

Tuesdays and Thursdays from 2-3 p.m. E.T.

How

Find a local number, or call 208-391-5817 and enter Skype conference ID #278449067

For PDF versions of information about the HUBZone Program and related improvements, select the HUBZone Fact SheetProgram Improvements, and  SBA’s latest FAQs.

Learn How to Apply to Get Certified as an 8(a) BD Small Business

Microsoft Teams 8(a)BD “Straight Talk” meeting Public Access

Members of the 8(a) team answer questions on a monthly basis to help firms navigate the certification process, including program benefits and eligibility requirements for 8(a) certification.

When:

 Third Wednesday of each month - 2:00p.m. to 3:00p.m. (ET)

How:

Call 202-765-1264 (Washington, DC) and enter phone conference ID#: 217 121 169

 


7J


7(j) training, provided to eligible firms and their employees, includes very specialized training in the areas of federal contracting. The training will be provided in an online format with live instructors and the ability for students to participate and ask questions. Up to 40 participants per workshop will receive training on how to make "real world" business decisions that will facilitate their firm's success.

Please check out the 7J training options below... 

FED Map

7J

**UPDATE on Woman Owned Small Business certification program**

Find out about upcoming changes to the Women-Owned Small Business Certification Program. hashtag WOSB Ready. SBA dot gov slash WOSBReady


The WOSB Federal Contract Program (WOSB Program) is pleased to announce that in response to customer service feedback, SBA has changed the WOSB Program’s official application site URL to better help firms navigate our resources: beta.Certify.sba.gov will now be https://WOSB.Certify.sba.gov 

This action is in line with the original intent for “beta” to be a temporary placeholder for a more permanent URL. Now that WOSB is two years into the certification process, our application site is permanent and consistent with other SBA site-naming conventions. We are confident that this change will enhance user experience and limit confusion around the application process. 

For the next 90 days, beta.Certify.sba.gov will automatically redirect to the new URL, after which time it will become obsolete. We anticipate a positive response to this change and appreciate your support in ensuring the best experience for all firms hoping to begin their federal contracting journey with the WOSB Program.

WOSB

NEWS RELEASE: U.S. Small Business Administration Announces Strategic Alliance to Support Small Business Exporters

The agreement formalizes an existing relationship with BAFT that supports small business exporters by reducing barriers to accessing capital

Release Date: December 14, 2022               
Release Number: 22-101

WASHINGTON – Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced the signing of the Strategic Alliance Memorandum (SAM) with BAFT (Bankers Association for Finance and Trade), the leading global financial services association for international transaction banking, which will formalize the SBA’s existing relationship with the association. BAFT and SBA strive to tackle challenges both lenders and small businesses face when seeking the trade financing that is essential to international trade. Together, the SBA and BAFT will work to educate small businesses and their lenders on the export financing solutions available in the marketplace.

“SBA’s new agreement with BAFT recognizes the impact and ingenuity of our small business exporters and the important role our lending partners play in funding their growth,” said Administrator Guzman. “Our joint efforts to increase resources to BAFT members and grow the number of lenders offering SBA international trade products will expand access to capital. By doing so, this work helps deliver on the Biden-Harris Administration’s commitment to create opportunities for small businesses, and strengthen our economy for all of us."

“Financing is an important element in helping small businesses expand their customer base internationally and has been a persistent challenge,” said Tod Burwell, President and CEO of BAFT. “SBA is helping to ease that challenge, and with the leverage of the global BAFT network, we hope to collectively make a positive difference.”

Through its Office of International Trade, the SBA works to support small and midsized exporters with a goal of increasing both the number of businesses exporting and the dollar value of those exports.​ This work is done across the Agency by offering access to​ education and technical assistance​, access to capital, and trade policy to support market access for small businesses.  

BAFT serves as a worldwide forum for analysis, discussion, and advocacy in international financial services and provides support to members that are active in trade finance, supply chain finance, credit insurance, and export credits. Specifically, BAFT is the voice of the global trade finance community. In addition to tracking strategic global trade policy developments, BAFT provides practical guidance papers and tools including standardized legal documentation as well as a forum for discussion on topical trade finance challenges. 

###     

About the U.S. Small Business Administration   

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

About the Bankers Association for Finance and Trade

BAFT is the leading international financial services association whose membership includes large global and regional banks, service providers, and fintech companies headquartered around the world. BAFT provides advocacy, thought leadership, education, and a global forum for its members in transaction banking, including international trade finance and payments. For over 100 years, BAFT has expanded markets, shaped policy, developed business solutions, and preserved the safety and soundness of the global financial system. Learn more at www.baft.org.


WHERE CAN I GET HELP?

Please direct all other inquiries and questions to our District Office email at:

MassachusettsDO@sba.gov

FREE and confidential counseling services are available across the Commonwealth. 

 

Virtual education, training and networking sessions are happening daily.

 

Please schedule a virtual session with any of our Resource Partners below...


Resource Partner Network

MSBDC


WE ARE OPEN FOR BUSINESS!

Staff are working remotely and can be reached via email or telephone. MSBDC is committed to supporting entrepreneurs during these very challenging times.

MSBDC advisors can assist businesses with disaster loan applications.

If you are not currently a client and would like to speak with a counselor, please find your region and reach out to the REGIONAL OFFICE SERVING YOU.

Berkshire Regional Office
33 Dunham Mall, Suite 103
Pittsfield, MA 01201
413-499-0933 | Fax: 413-499-3005
www.msbdc.org/berkshire

Central Regional Office
Clark University
The Carriage House, 125 Woodland Street
Worcester, MA 01610
508-793-7615 | Fax: 508-793-8890
www.clarku.edu/offices/sbdc

Northeast Regional Office  (SPANISH-SPEAKING COUNSELOR)
Salem State University
121 Loring Avenue, Suite 310
Salem, MA 01970
978-542-6343 | Fax: 978-542-6345
www.salemstate.edu/sbdc

Procurement Technical Assistance Center
Scibelli Enterprise Center
1 Federal Street, Building 1
Springfield, MA 01105
413-545-6303 | Fax: 413-737-2312
https://www.massptac.org

Southeast Regional Office
200 Pocasset Street
Fall River, MA 02721
508-673-9783 | Fax: 508-674-1929
www.msbdc.org/semass

Western Regional Office
Scibelli Enterprise Center
One Federal Street, Building 101
Springfield, MA 01105-1160
413-577-1768 | Fax: 413-737-2312
www.msbdc.org/wmass

 


SCORE


Reach out to other SCORE CHAPTERS throughout the state below.

SCORE Boston Chapter

SCORE Worcester Chapter


SCORE Northeastern Massachusetts Chapter


SCORE Southeastern Massachusetts Chapter


SCORE Western Massachusetts Chapter


SCORE Cape Cod Chapter


SCORE Rhode Island (Serving Fall River, New Bedford)

 


CWE


Eastern Massachusetts Center - Boston
44 School St., Suite 200
Boston, MA 02108
www.cweonline.org

Central Massachusetts Center - Westborough
69 Milk St., Ste. 217
Westborough, MA 01581

Veterans Business Outreach Center of New England (VBOC of NE)
132 George M. Cohan Blvd.
Providence, RI 02903
Veterans Business Outreach Center (VBOC) (cweonline.org)


Disclaimer: The SBA does not endorse the organizations sponsoring linked websites, and does not endorse the views they express or the products/services they offer.  All programs and services are extended to the public on a nondiscriminatory basis.