Introducing the QuickBooks Program

Under our Urban Agenda program, The Entrepreneurship Center and Masshire have joined forces to provide QuickBooks training for small businesses. Recognizing the importance of enhancing financial reporting capabilities as a common hurdle to growth and stability, we are committed to delivering high-quality resources to support entrepreneurs in Middlesex and Essex counties.

The QuickBooks grant program, a key component of our initiative, is tailored to empower small businesses through educational training and access to advanced accounting software. This strategic approach aims to strengthen their ability to manage and expand their enterprises, ultimately fostering greater economic success. Our comprehensive program includes both group classes and personalized one-on-one sessions to ensure a well-rounded learning experience.

Program Description

The QuickBooks Program offers an opportunity for 15 businesses to proficiently navigate the QuickBooks accounting software, enabling more effective management of their financial affairs for business growth.

This initiative encompasses an introductory meeting followed by a 5-week comprehensive training period, covering the implementation and customization of QuickBooks online. The classes will utilize a hybrid approach, employing the cohort model, with guidance provided by a certified QuickBooks program coordinator to assist participants throughout the process.

Criteria and Eligibility

Business Location:

  • The business must be located in Lowell.

Eligibility Criteria:

  • Eligible businesses should have been in operation for at least one year.
  • Businesses must be considered small by the Small Business Administration (SBA) standards.
  • Businesses must possess equipment capable of running technology programs essential for the training sessions.

Program Commitment:

  • Applicants should demonstrate a strong desire to establish or upgrade their financial reporting capabilities.
  • Participants are expected to attend all sessions if possible to maximize the benefits of the program.

Support from E-Center:

  • The Entrepreneurship Center (E-Center) will cover the cost of QuickBooks software for the first year.

Program Timeline

  • Application Opens March 1, 2024
  • First Cohort tentatively for April 2024
  • All applicants will be stored for future cohorts if not selected.

Required Documents & How To Apply

  • Business Certification/Certificate of Good Standing with State of Massachusetts
  • Signed Service Agreement
  • Appendix C