Massachusetts Business Builds Capital Grant Program
About the Program
The Business Builds Capital Grant Program (Business Builds) is a competitive funding initiative created by the Mass Leads Act to support for-profit business expansion and private investment in Massachusetts. Not-for-profit entities are not eligible for Business Builds.
Administered by the Massachusetts Office of Business Development (MOBD) within the Executive Office of Economic Development (EOED), the program provides capital reimbursement grants to businesses making qualified investments in Massachusetts facilities.
The program is designed to:
- Support business expansion and relocation within Massachusetts
- Spur job creation in Gateway Cities, rural towns, and underutilized spaces
- Encourage climate-friendly capital investments in facilities and equipment
- Complement existing programs such as the Economic Development Incentive Program (EDIP)
The capital grant program will require a dollar-for-dollar (50/50) match from the applicant.
About the Capital Grant Program
Business Builds supports established businesses making significant capital expenditures that will allow the business expand operations, create jobs, or relocate to Massachusetts. Small businesses and those seeking capital grants of less than $500,000 should consider other programs, such as Biz-M-Power.
Eligible applicants include businesses undertaking qualified capital investments in Massachusetts facilities. Projects may be ineligible if they’re already funded under the Climatetech Tax Incentive for facilities or Mass Life Sciences Center capital programs, such as, BioBoost (unless the business is applying for a separate project).
Eligible uses of grant funds include:
- Construction, buildout, and fit-out using climate-friendly materials
- Equipment purchases aligned with project sustainability goals
- Site preparation and infrastructure (water, sewer, power, HVAC, clean energy installations)
Ineligible expenses include operating expenses, working capital, and non-capital administrative costs.
Applications for Business Builds are accepted on a rolling basis through the Business Front Door. Application deadlines will be posted below.
How to Apply
Before applying for the Business Builds Capital Grant Program, you should:
- Review the Request for Proposals and Required Documents: Please review the Business Builds Request for Proposals and the Required Documents section in detail prior to applying to the program.
- Register with the Business Front Door: Apply to Business Builds through the Business Front Door, the state’s business portal for connecting businesses with a single point of contact to help address their business resource needs. Check out the Business Front Door. To access the Business Builds application, follow these steps:
- Log in to the portal using your MyMassGov account and create a business profile in the Business Front Door.
- Complete the resource request form.
- Your assigned Business Front Door Navigator will suggest state resources for your business, and will provide access to the Business Builds application, if applicable.
- After starting the application, “Your Program Applications” section will appear on your business Dashboard with the in-progress application.
Only on-time applications containing all of the required information will be considered for an award. Please see the Business Builds RFP for additional program and application details.
Thinking About Massachusetts?
You've learned about the program. Now explore communities across Massachusetts to find the place that's the best fit for you.
Explore:
- LookyLOO Reviews of Massachusetts cities
- Neighborhood Guides
- Local Reviews
- Schools
- Lifestyle
- Save Massachusetts cities to your Movebook