Business Resources

Starting, running or growing your business can be a challenging process. Below are a number of resources that you may find helpful for the various issues realted to running a business. We hope you can find answers in the links below, but are always willing to help in person. Contact our Planning & Economic Development Office for more information at oped@holyoke.org or 413-322-5655. If you offer a business service and would like to be listed below, also contact our office.

 

Business Development

Workforce Development

Financing

 

 

Business Development

Holyoke and the Pioneer Valley have numous organizations dedicated to help support and guide your business. See below for more information on how each organization can provide the technical assistance your business needs.

 

Greater Holyoke Chamber of Commerce

The Greater Holyoke Chamber of Commerce works to promote and to build a positive perception of Holyoke both inside and outside the city. Business Development is a core service of the Chamber, providing opportunities for business people to interact and expand their customer base. As the representative of the business community, the Chamber frequently collaborates with other groups in a team effort. Growing in activity and importance is the work of Grow Holyoke, a community network devoted to promoting growth, expansion, and jobs in the City of Holyoke.

 

Massachusetts Latino Chamber of Commerce

The Mission of the Massachusett Latino Chamber of Commerce is to develop, promote and protect Latino businesses and communities in Massachusetts. The MLCC supports the advancement, of education and economic growth of Latino businesses & community. The MLCC works closely with profit and non-profit businesses and organizations, as well as local and state Chambers of Commerce and the U. S. Hispanic Chamber of Commerce, to push foward economic develpment throughout the state.

 

Small Business Administration – Western Massachusetts Office

Over the years, the SBA has developed many small business loan and assistance programs, special outreach efforts and initiatives to aid and inform small businesses.The Boston SBA Office is responsible for the delivery of SBA’s many programs and services throughout the state. The Western Massachuetts SBA District office is located in Springfield.

 

Western Massachusetts Small Business Development Center

The Massachusetts Small Business Development Center Network’s Western Regional Office provides free and confidential one-to-one business advising to prospective and existing small businesses. Services are available to Massachusetts start-ups and existing businesses located in Hampden, Hampshire and Franklin counties. Areas of assistance include business plan development, preventure feasibility, conventional and non-conventional financing, cash flow analysis, organizational and personnel issues and marketing.

 

Western Mass S.C.O.R.E.

The Western Massachusetts chapter of SCORE provides FREE, confidential counseling to small business entrepreneurs at 6 locations in Hampden, Hampshire, Franklin, and Berkshire counties. SCORE, the nation’s largest volunteer business counseling service, is a nonprofit association dedicated to help those in business, about to start one, or just thinking about it. SCORE chapters provide Free Mentoring to small business owners and startups, and modestly priced local Workshops as well. Whether you’re starting a new business, or are already in business, you could benefit from our experienced counselors’ expertise.

 

Western New England University Center for Innovation & Entrepreneurship

The Center for Innovation & Entrepreneurship is a joint effort of the School of Law and College of Business at Western New England University, located in Springfield, Massachusetts. The Center for Innovation & Entrepreneurship provides real world learning experiences for graduate business and law students, while at the same time supporting the establishment and development of small businesses in western Massachusetts. The Center’s programs fall into two broad categories: clinical services and community outreach.

 

Valley Venture Mentors

Valley Venture Mentors (VVM) provides key support to the entrepreneurial ecosystem by uniting carefully selected startups together with high quality business mentors at a structured monthly pitch and planning sessions. These events are oozing with innovation and excitement as entrepreneurs tell their story and then ask for help in addressing specific hurdles – all in crisp seven- minute presentations. During the second part of the session, volunteer mentors gather with the entrepreneurs of their choice and begin to plan, create, and problem solve.

 

 

 

Workforce Development

If you are looking to hire qualified and skilled employees, Holyoke and the region are fortunate to have many Workforce Development Agencies.

 

Holyoke Community College – The Kittredge Center for Business & Workforce Development

The Kittredge Center for Business and Workforce Development is the Pioneer Valley’s premier resource for workforce training, professional development, and personal growth. It provides innovative and affordable programming that helps businesses, organizations, and individuals achieve their goals. Its offerings range from training and consulting to adult basic education classes.

 

TWO (Training & Workforce Options) – Holyoke Community College & Springfield Technical Community College

TWO is a one-of-a-kind collaboration between Holyoke Community College and Springfield Technical Community College that provides affordable custom contract training for your business—at your business, on your schedule and customized to fit your company’s needs. TWO equips organizations of all sizes to succeed—and thrive—through a variety of professional development trainings and services. We are a certified Workforce Training Fund (WTF) vendor.

 

CareerPOINT

Since 1996, CareerPoint has been serving the workforce and economic development needs of individual job seekers, social service agencies, and the business community throughout Hampden County and beyond. Chartered through the Regional Employment Board, CareerPoint specializes in exceptional customer service, innovative programming, creative problem solving, and an entrepreneurial “can do” attitude. CareerPoint transforms the maze of complex, bureaucratic Employment and Training Programs into one seamless service delivery system for job seeking and employer customers alike. And we keep our sense of humor while we do it!

 

HolyokeWorks

Holyoke Works, affiliated with the Greater Holyoke Chamber of Commerce, is a regionally renowned workforce development group serving adult job seekers in and around Holyoke, Massachusetts. Quite simply, we help these adults become ready for today’s job market through training programs and workplace education services. Holyoke Works is valuable to area employers as we work together to place these highly qualified employees. There is no team more dedicated or passionate about improving people’s lives than we at Holyoke Works.

 

 

 

Financing

If you are looking for financing to startup, grow or increase the cashflow for your business, there area number of local banks that are ready to consult with you about financing. Click Here for a list of local banks. Also the list below contains a number of non-traditional financing agencies that have creative funding packages for certain types of projects.

 

Common Capital

Common Capital is a non-profit organization that is committed to a thriving local economy in order to create positive social and community impacts. We align capital and other resources to community needs and opportunities. We accomplish this by providing financing and business assistance consultation to small businesses and high-impact community projects. Every dollar that Common Capital deploys is an investment in job creation, providing opportunity for low-income people, essential community services, neighborhood rejuvenation and environmental sustainability. We focus on businesses that are locally owned and that recirculate local dollars.

 

MassDevelopment

Offering a wide range of finance programs and real estate development services, MassDevelopment supports economic growth, development, and investment across all sectors of the Massachusetts economy: public and private; commercial, industrial, and residential; and nonprofit, including healthcare, educational, cultural, and human service providers. Our staff works in collaboration with private- and public-sector developers, businesses, and banks to identify investors and leverage public and private funds to support economic growth.

 

Mass Growth Capital Corporation

MGCC provides a centralized resource at the state level that offers working capital, loan guarantees, and targeted technical assistance to solve specific financial and operational problems. MGCC will provide 50 % of the cost of such assistance while the company being assisted will invest the other 50%. MGCC will build on the work of its predecessor agencies by working with traditional financial institutions to make “un-bankable” loans bankable, by working with community development corporations and other non-profits to provide financing for job-producing projects, and by assisting a wide range of small businesses to find the growth capital they require. MGCC will seek to assist manufacturers that are expanding, other growth sectors and small businesses in our older Gateway Cities.

 

Riverside Development Corporation

Riverside Development Corporation (RDC) is a non-profit corporation engagned in a broad range of economic development activities in the City of Holyoke. RDC provides loan guarantees for as buch as %50 of the fund borrowed for up to 7 years. The guarantee is secured by a cash deposit in the participating bank for the amount of the guarantee. The borrowed funds may be used for a variety of reasons including inventory, acquisition, purchase of machinery and equipment, renovation, expansion, and working capital.


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Last Updated on January 27, 2013 by