The Social Enterprise Capital Grant Program is administered by the Executive Office of Housing and Economic Development (EOHED) to support various costs related to the development of eligible facilities, such as acquisition and/or renovation for a property owned by the nonprofit and utilized for the social enterprise, as well as equipment purchase costs.
Donor Name: Executive Office of Housing and Economic Development (EOHED)
State: Massachusetts
County: All Counties
Type of Grant: Grant
Deadline (mm/dd/yyyy): 04/20/2022
Size of the Grant: $1,000,000
Grant Duration: 1 year
Details:
The program seeks to make capital grants to non-profit organizations to develop eligible facilities for social enterprises that target individuals facing significant barriers to employment.
For the purposes of this program, and employment social enterprise is defined as a discrete or embedded business venture operated by a mission-driven nonprofit organization with programming focused on hiring and assisting people who face barriers to employment. The organization must offer paid employment opportunities to low-income individuals, with priority to socially and economically disadvantaged populations who experience complex needs and barriers to employment that require intensive interventions.
Funding Information
- Total Grant Funds Available $2,000,000.
- Grant Request Amount Up to $1,000,000.
Performance Period
Grants will be awarded to support a project to be completed between July 1, 2022, and June 30, 2023.
Eligibility Criteria
To be considered for funding, the applicant organization must meet the following requirements:
- be a Massachusetts non-profit corporation in good standing, and
- successfully operating an employment social enterprise for at least 12 continuous months prior to the time of application, and
- offering paid employment opportunities to low-income individuals, with priority to socially and economically disadvantaged populations who experience complex needs and barriers to employment that require intensive interventions, and
- paying participants in the social enterprise no less than the Massachusetts minimum hourly wage for their employment, and
- be the current or imminent owner of the real estate, if requesting funds to repair, rehabilitate, and/or renovate a social enterprise facility.
The applicant will also be required to affirm and demonstrate that it currently provides the following services to social enterprise participants, and plans to provide them to future participants:
- Outreach to targeted populations.
- On-the-job training and skill development, including worksite supervision and performance coaching.
- Comprehensive supportive services for at least 1 year (including, but not limited to, case management, aimed at helping to overcome barriers to employment).
- Assistance to obtain external employment.
- Job retention services, including follow-up with beneficiaries for at least 1 year and employers to support job retention and advancement.
For more information, visit Social Enterprise Capital Grant Program.
