OPPORTUNITY GRANT PROGRAM

Eligibility:

• Firms or IDCs and municipalities on behalf of firms that will create or preserve a significant number of jobs within the Commonwealth
• Manufacturing
• Industrial
• Research and development
• Agricultural processors
• Traded services
• Firms establishing a national or regional headquarters

Eligible Uses:

• Machinery and equipment
• Working Capital
• Job Training
• Infrastructure
• Land and building improvements
• Environmental assessment and remediation
• Acquisition of land, buildings, and right-of-ways
• Site preparation, demolition, and clearance

Where to Apply:
Letter of Intent
DCED Grants Office or MCIDC

Amounts: No minimum or maximum amounts

Terms/Conditions:

• Projects must offer substantial economic impact either for the Commonwealth as a whole or for the locality or region in which the company will locate or expand its current operations
• 4:1 private match required
• Job creation/preservation requirements