Small Business Funding

Affordable, flexible capital is essential to launch, operate, grow and scale your business. Funding that is accompanied by business coaching is an added bonus. We offer both with our mission-based SBA Microloan, and ACRE Catalyst Fund. We fund all stages of business, including startup. We are able to fund individuals with poor or limited credit, depending on the credibility of the business plan, financial projections and the entrepreneur’s ability to operate the business and pay back the loan.


Lawrence, TREND, Lowell MA

SBA Microloan

The SBA Microloan provides mission-funds for local small business owners. The Entrepreneurship Center service area includes Middlesex & Essex County. The SBA Microloan is part of the Cares Act Debt Relief program.

  • Loan Terms: Up to 6 Years
  • Loan Amount: Up to $50,000
  • Interest Rate: 7.75% Initially, Reduced to 5.25% after completing 20 hours of business coaching.

Qualifications: Business must be located in the Entrepreneurship Center’s SBA Service Area. Link to our Service Ares. All interested applicants must complete the New Business Intake Form.  If interested in a microloan, a business must complete the Inquiry Form along with gathering the additional information on the Document Request List.

New Business Intake Form | SBA Eligibility / Inquiry Form


Franky, Dan (Raymark) KellyAnne

ACRE Catalyst Fund

The ACRE Catalyst Fund is a loan fund, in partnership with the Entrepreneurship Center JDCU and Working Cities Challenge. These funds are earmarked to support ACRE neighborhood businesses and residents.

  • Loan Terms: Up to 5 Years
  • Loan Amount: Up to $20,000
  • Interest Rate: 6%

Qualifications: Businesses or Business Owners must be located in the ACRE Neighborhood of Lowell, MA. All interested applicants must complete the New Business Intake Form.  If interested in a microloan, a business must complete the Inquiry Form along with gathering the additional information on the Document Request List.

New Business Intake Form | Loan Inquiry Form


Rafaela, GloryScent, Lowell MA

Small Business Grants

This service varies based on the availability of grant funding. The Entrepreneurship Center is a key partner with MGCC and the State of Massachusetts, offering support on grant applications, cure, and follow up.

We also work with the City of Lowell, Town of Chelmsford and other institutions to support businesses apply for small business grants.

If we learn of a new grant opportunity we will send the information through our newsletter. Please sign up for our newsletter and social media to stay informed.