SBANE is dedicated to helping small and mid-sized businesses grow and thrive by offering a number of grant programs, including the Defense Diversification Program and the Manufacturing Matching Grant Program. See the list below to learn more about the grant programs we are currently offering.
SBANE and MassDevelopment are proud to be able to offer the “Defense Diversification Program," an opportunity for Massachusetts defense-dependent businesses to diversify their product line and manufacturing processes to other industry verticals through high-powered private consulting expertise. Funding for this program has been provided through the Office of Economic Adjustment within the Department of Defense and is currently funding 30 companies in its inaugural year.
Click here for more details on the Defense Diversification Program or to apply.
SBANE plays a major role in supporting Massachusetts manufacturing companies through the Manufacturing Matching Grant Program, formerly known as “Lay-off Aversion Program Through Management Assistance.
The program, which is funded through an appropriation from the Massachusetts State Legislature, seeks to provide targeted grants to manufacturing companies for projects that enhance the company’s top or bottom line, and has recently been approved for an eighth year of state funding. SBANE has allocated $1,412,500 in public funds to over 175 Massachusetts manufacturing companies that supported 9,105 jobs and approximately $463 million in total payroll since the program’s inception.
Click here for more details on the Manufacturing Matching Grant Program and to see program success stories.