We connect to

RESOURCES

Massachusetts -- particularly Boston -- is abundant in programs and initiatives that provide support like capital, technical assistance, and advisers to small businesses. However, it can be difficult to locate them all, know key dates, or know which is best for you. 

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At BECMA, we are doing our best to provide a comprehensive list of all of the important resources in the small business ecosystem and put them in one place for your benefit. Review each category to find the best fit for you. Got questions? Reach out for more information at info@becma.org.

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*NOTE* This list is being constantly updated. Check back regularly for new programs and refreshed dates.

1.  Access to Capital

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2.  Technical Assistance

3.  Accelerator Programs

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4.  Business Agencies

Access to Capital

Access to

CAPITAL

Product Development

  • Understanding our customer brand
  • Product market placement
  • Technology input
  • Product design & styling
  • Industrial design development
    • Allows efficient mass manufacturing
    • Product reliability
    • Product compliance



Supply Chain

  • Sourcing of critical components from factories all over the world
  • Managing complete import supply chain and logistics
  • Annual Import Value: $4 Million
  • Approximately Volume: 45 containers of capacity 40 ft HQ
  • More than 35 Vendors Globally
  • More than 75 vendors Pan India



Mass Production

Manufacturing Infrastructure: Total Land Covered Area-

  • 10926.5 Sq. meter
  • 6500 Sq. meter
Assembly Lines:
  • Multiple 100 meter long automatic assembly line’s, equipped with 40 stations equipped with foot pedals, pneumatic guns and plug points for instruments.
  • Dedicated customer wise and product wise production lines and shop floors.
Injection Moulding:
  • More than 14 years of experience in injection moulding.
  • Using more than 30 grades of engineering materials.
  • All state of the art Ferromatik Milakron machines.
  • Machine range 100 Ton to 1400 Ton.
  • SPM shop floors.
  • Based on customer specific fabrication and manufacturing requirements.
SPM Shop floor: Dynamic provides complete manufacturing solutions for products that our customers require. This includes:
  • Designing and developing special purpose machines.
  • Customised fabrication lines.
  • Quality testing laborataries based on reliability and compliance.



Global Distribution

Products being produced at Dynamic industries are supplied pan Indian and globally over 17 countries globally including (USA, EUROPE & JAPAN). We at Dynamic have years of experience in quality and custom compliances of various countries.



Technical Assistance

 
 

Technical

ASSISTANCE

Government

U.S. Small Business Administration

Program 8(a) Business Development program About To help provide a level playing field for small businesses owned by socially and economically disadvantaged people or entities, the federal government limits competition for certain contracts to businesses that participate in the 8(a) Business Development program. Disadvantaged businesses in the 8(a) program can:

  • Compete for set-aside and sole-source contracts in the program
  • Get a Business Opportunity Specialist to help navigate federal contracting
  • Form joint ventures with established businesses through the SBA's mentor-protĂ©gĂ© program
  • Receive management and technical assistance, including business training, counseling, marketing assistance, and high-level executive development
You can compete for contract awards under multiple socio-economic programs, as they apply. Criteria To qualify for the 8(a) program, follow this eligibility checklist:
  • Be a small business
  • Not already have participated in the 8(a) program
  • Be at least 51 percent owned and controlled by U.S. citizens who are economically and socially disadvantaged
  • Be owned by someone whose personal net worth is $250,000 or less
  • Be owned by someone whose average adjusted gross income for three years is $250,000 or less
  • Be owned by someone with $4 million or less in assets
  • Have the owner manage day-to-day operations and also make long-term decisions
  • Have all its principals demonstrate good character
  • Show potential for success and be able to perform successfully on contracts
Learn more



Programs

Foundation for Business Equity

Program Business Equity Initiative About Launched in 2017, the Business Equity Initiative (BEI) starts with the unique needs of each business and digs deeper to support the business owner while also strengthening the entrepreneurial ecosystem to provide the essential tools required to drive revenue growth. Offerings

  • Strategic advisors
  • Direct service specialist
  • Customers and contracts
  • Growth capital
  • Peer-to-peer support
  • A great advisory board
Criteria
  • MBE certified or certifiable
  • Able to make the necessary financial and time commitment
  • Sustained revenues of at least $800,000/year
  • Demonstrate a proven business model
  • Strong leadership willing and ready to substantially grow
  • Located in Eastern MA or Southern NH
Key dates
  • BEI Cohort V Applications Due: November 22, 2019
  • BEI Cohort V Kickoff: January 21, 2020
Learn more



Meet the Board

Accelerator

PROGRAMS

The Advisors

 

© 2020 Black Economic Council of Massachusetts, Inc.

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