MGCC, in partnership with crowdfunding platform, Patronicity, has developed Biz-M-Power, a crowdfunding matching grant program developed to offer an innovative and quick approach to access funding for small business capital expenses such as acquisition, expansion, improvement or lease of a facility, and purchase or lease of equipment. Funds cannot be used for ongoing business operations such as payroll, benefits, buying of inventory, and general working capital. MGCC will match successful crowdfunding goals on a 1:1 basis up to $20,000 for eligible businesses. Biz-M-Power is a program funded by the Commonwealth's Operating Budget.
