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Department of Business Development
| DEPARTMENT | FY 2016 Budgetary Recommendations |
FY 2016 Federal, Trust, and ISF |
FY 2016 Total Spending |
FY 2016 Budgetary Non-Tax Revenue |
|---|---|---|---|---|
| Department of Business Development | 7,143 | 41 | 7,184 | 0 |
| account | description | amount | ||||
|---|---|---|---|---|---|---|
| DEPARTMENT OF BUSINESS DEVELOPMENT | 7,183,822 | |||||
| Budgetary Direct Appropriations | 7,142,846 | |||||
| 7007-0300 | Massachusetts Office of Business Development
For the operation of the Massachusetts office of business development, which shall include the operation and support of capital grants programs, including but not limited to the MassWorks capital infrastructure program, the operation of the Massachusetts office of small business and entrepreneurship and for marketing and promoting the commonwealth in order to attract and retain targeted businesses and industries |
1,806,624 | ||||
| 7007-0800 | Small Business Development Center at UMass
For a state matching grant for a small business development center; provided, that no funds may be expended from this item until the United States Small Business Administration has made a payment or has executed a contract to pay the University of Massachusetts at Amherst for the operation of the center; provided further, that the funds expended from this item shall not exceed 25 per cent of the gross operating cost of the center; provided further, that not more than $300,000 from this item shall be expended for federal procurement technical assistance services within the center, subject to the receipt of matching funds from federal or private sources including the Department of Defense; and provided further, that the services shall include, but not be limited to, assisting businesses in securing federal contracts, obtaining contract financing, generating responses to requests for proposals, interpreting bid documents, providing educational workshops and seminars and the electronic identification and tracking of federal bid opportunities |
1,186,222 | ||||
| 7007-0952 | Commonwealth Zoological Corporation
For the operation of the Commonwealth Zoological Corporation under chapter 92B of the General Laws; provided, that the funds appropriated in this item shall be used to promote private fundraising, achieve self-sufficiency and serve as a catalyst for urban economic development and job opportunities for local residents; and provided further, that not less than $750,000 shall be expended on a matching program to encourage private and corporate donations to support the Franklin Park Zoo and Stone Zoo
|
3,900,000 | ||||
| 7007-1641 | Small Business Association Layoff Aversion Grant Program
For a grant for the Small Business Association of New England for the layoff aversion through management assistance program for consultant and technical assistance to manufacturing companies to prevent business closure and employee displacement; provided, that the expenditure of the layoff aversion through management program in this item shall leverage at least $1 in matching funds for every $1 granted pursuant to this item |
250,000 | ||||
| account | description | amount |
|---|---|---|
| Trust and Other Spending | 40,976 | |
| 7007-9010 | Small Business and Entrepreneurship Trust | 25,295 |
| 9000-1809 | Industry Specialist Program | 15,681 |
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