Matching Grant · MA — Statewide
MassDevelopment Biz-M-Power Matching Grant
Verified Status: ClosedMassDevelopment publicized nearly $1.85 million in Biz-M-Power awards to 48 Massachusetts small businesses in February 2026. That's recent enough that a quick search, or an AI-generated answer, will often still show the program as open. The program's own application portal says otherwise: Biz-M-Power is not currently accepting applications, and no reopening date has been announced. FundBug checks the actual application status, not just what shows up in a quick search.
AmountUp to $50K (requires 20% owner match)
DeadlineClosed. Last application window: May-June 2025. No 2026 round announced yet.
CompetitionHigh
Eligible businessesProfessional, Restaurant, Retail
About this program
Biz-M-Power is a MassDevelopment matching grant that awards up to $50,000 to small businesses in low-to-moderate income Massachusetts communities. You'll need 20 percent of the requested amount in hand at the time you apply, a genuine brick-and-mortar location, fewer than 20 full-time-equivalent employees, and under $2.5 million in annual revenue. Past rounds have closed within weeks of opening. MassDevelopment keeps a mailing list for the next round, if you'd rather hear it from them directly too.
Official program page: massdevelopment.com ↗
Who is eligible?
LMI owner or location, brick-and-mortar, under 20 FTE, under $2.5M revenue, 20% matching funds in hand.
Awards announced February 2026 (from the round that opened for applications in May-June 2025): nearly $1.85 million awarded to 48 businesses, $6,700 to $50,000 each, over an application window of about 33 days. Two recipients were right in Berkshire County: Door Prize LLC in North Adams received $14,583 to improve the acoustics in its restaurant space, and Dandelion Hill Farm in Sheffield received $8,247. Ordinary Main Street businesses, not large employers, funded toward equipment, renovations, and expansion.
Not eligible if
- Home-based businesses
- More than 20 FTE
- Revenue over $2.5M
- No matching funds available
- Businesses outside MA
- Non-LMI owner in non-LMI location
So many programs open without notice and close within weeks. FundBug sends a personalized digest twice a month of the grants, loans, tax credits, and rebates your business actually qualifies for, so you're not the one who finds out too late. $20/month, cancel anytime.
Get notified when this reopens →