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Budget Summary FY2016

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70020040 - Small Business Technical Assistance Grant Program
Data Current as of:  8/19/2015





Account Description FY2015
Spending
FY2016
GAA
7002-0040 Small Business Technical Assistance Grant Program
For a transfer to the Massachusetts Growth Capital Corporation established pursuant to section 2 of chapter 40W of the General Laws for the small business technical assistance grant program; provided, that not less than $2,000,000 shall be disbursed as grants to community development corporations certified under chapter 40H of the General Laws, nonprofit community development financial institutions certified by the United States Treasury or nonprofit community-based organizations to provide technical assistance or training programs to businesses with 20 or fewer employees; provided further, that priority shall be given to those organizations that focus on reaching underserved markets; and provided further, that the Massachusetts Growth Capital Corporation shall file a report on or before January 4, 2016 with the house and senate committees on ways and means and the joint committee on community development and small businesses
2,000,000 2,000,000