Cambridge Entrepreneurship Assistance Program
The City of Cambridge Entrepreneurship Assistance Program is a collaboration between The Capital Network (TCN) and the City to provide training to early-stage entrepreneurs.
The Cambridge Entrepreneurship Assistance Program grants six (6) HUD eligible Cambridge early-stage entrepreneurs with a scholarship to TCN's 6-month membership program, which provides access to entrepreneurial workshops, panels, boot camps, and office hours.
Through the program, Cambridge Entrepreneurship Assistance participants receive:
- Access to 3-4 TCN programs a month on early-stage funding topics
- Advice from former and current entrepreneurs and members of angel groups and venture capital firms (the majority of which are based in New England)
- Tailored guidance to their specific business and funding needs through small workshop groups
- The opportunity to workshop their business pitch in front of experienced entrepreneurs and investors from the Boston-area startup community
To learn more about The Capital Network and the 6 month membership program, click here.
Cambridge Entrepreneurship Assistance Program is open for applications now. See below for details.
The program is open to Cambridge early-stage entrepreneurs who meet the eligibility criteria and work in the following sectors:
- consumer products
- clean energy
- high tech
- and life sciences sectors.
Early-stage entrepreneurs in these sectors may be eligible if they live in or their start-up is located in the Neighborhood Revitalization Strategy (NRS) area of Cambridge, a federally-designated low-moderate income area. Those who do not live or work in an NRS area can still be eligible if they meet all of the following criteria. The entrepreneur's:
- startup is located in the City of Cambridge
- startup has fewer than five employees
- family income is under established cut-off points. (Please see the Eligibility Guidelines.)
The program is funded through Community Development Block Grants (CBDG) from the U.S. Department of Housing and Urban Development (HUD), and eligibility is based on HUD guidelines. Please read the Eligibility Guidelines for more information about whether you qualify for this program. Please note that non-profit organizations cannot apply.
Program applications will be taken on a competitive basis until the deadline of May 1, 2022. Applications will be reviewed and approved to make sure candidates are a good fit for the program. Women-owned and minority-owned businesses are encouraged to apply.
Please click here to fill out the online application.
For more information about the Cambridge Entrepreneurship Assistance Program, please contact Bonnie-May Shantz at (617) 349-9122 or via email at email@example.com.