Here are some detailed financial assistance options available for businesses in Worcester, MA, including links, addresses, and contact information:

City of Worcester Financial Assistance Programs
1.Small Business Forgivable Loan Program
Description: Provides forgivable loans to qualified applicants for creating new small businesses or expanding existing ones.
Contact:
Phone: 508-799-1400
Address: City Hall, 4th Floor, 455 Main St., Worcester, MA 01608
Website: City of Worcester Financial Assistance


2.Economic Development Incentive Program (EDIP)
Description: Offers local and state tax incentives to qualified businesses that start up, expand, or relocate to Worcester.
Contact:
Phone: 508-799-1400
Address: City Hall, 4th Floor, 455 Main St., Worcester, MA 01608
Website: City of Worcester Financial Assistance

3.Storefront Improvement Program
Description: Provides financial assistance for the physical and aesthetic improvement of commercial properties with first floor/street-level storefronts.
Contact:
Phone: 508-799-1400
Address: City Hall, 4th Floor, 455 Main St., Worcester, MA 01608
Website: City of Worcester Financial Assistance

4.Vacant Storefront Program
Description: Encourages small businesses to locate in vacant storefronts within designated districts.
Contact:
Phone: 508-799-1400
Address: City Hall, 4th Floor, 455 Main St., Worcester, MA 01608
Website: City of Worcester Financial Assistance


State and Regional Financial Assistance Programs
1.Massachusetts Growth Capital Corporation (MGCC)
Description: Provides grant opportunities and small business assistance, including financial consulting.
Contact:
Phone: 617-523-6262
Address: 529 Main St., Room 201, Charlestown, MA 02129
Website: MGCC
2.MassDevelopment
Description: Offers grant and loan opportunities for businesses and nonprofits.
Contact:
Phone: 508-363-2799
Address: 89 Shrewsbury St., Suite 300, Worcester, MA 01604
Website: MassDevelopment

3.Massachusetts Office of Business Development (MOBD)
Description: Assists businesses in expanding operations through grants and technical assistance.
Contact:
Phone: 617-973-8600
Address: 136 Blackstone St., Floor 5, Boston, MA 02109
Website: MOBD


Local Business Support Organizations
1.Worcester Regional Chamber of Commerce
Description: Provides various business assistance resources, including the StartUp Worcester program.
Contact:
Phone: 508-753-2924
Address: 311 Main St., Suite 200, Worcester, MA 01608
Website: Worcester Chamber
2.SCORE Worcester
Description: Offers free mentoring services provided by retired executives to assist small businesses.
Contact:
Phone: 508-753-2929
Address: 311 Main St., Suite 200, Worcester, MA 01608
Website: SCORE Worcester
3.Venture Forum
Description: Provides training and incubation for new businesses.
Contact:
Address: 44 Portland St., 4th Floor, Worcester, MA 01608
Website: Venture Forum

These resources can provide valuable financial assistance and support to help your business thrive in Worcester, MA.