U.S. Small Business Administration
In 2015, the U.S. Small Business Administration (SBA) provided 38 loans in the Town of Plymouth, for a total of $5,995,200. In many cases these were SBA 7(a) and 504 loans.
To read more about SBA loans, resources and technical assistance click here >>
The Plymouth Regional Economic Development Foundation works closely with financial institutions, as well as non-profits such as the South Eastern Economic Development Corp. (SEED), to secure loans, resources and technical assistance for businesses of all sizes.
Microenterprise Assistance Program (MAP)
The Town of Plymouth Microenterprise Assistance Program (MAP) is funded by Community Development Block Grant monies and is administered by the Plymouth Office of Community Development. All business sectors – including industry, retail, services, agriculture and tourism are eligible for the program. Our Lending Differs From Regular Bank Practices. The Office of Community Development understands that small business owners need access to money but often can’t qualify for standard bank loans because they lack a business history, sufficient collateral or have limited credit. For us, lending is about creating jobs, helping people increase their incomes and strengthening our local economy. The Plymouth Office of Community Development encourages all kinds of entrepreneurs to look into our Microenterprise Assistance Loan Program – whether you are just starting out with a good idea or have an existing small business that needs help to continue to grow.
Administered by the Plymouth Office of Community Development
Contact:David DeManche firstname.lastname@example.org
South Eastern Economic Development Corp. (SEED)
Today, SEED serves small businesses in all of Massachusetts and Rhode Island, making an average of 120 loans, and providing technical assistance to over 1,500 existing and prospective entrepreneurs, annually.
With a 33-year history of meeting the region’s small business community’s needs, SEED continues to serve in two primary roles:
- Assisting and supporting small businesses during their start-up phase to help secure traditional financing; and
- Promoting the expansion of existing businesses by working with lending institutions and the SBA to provide the best possible financing package.
SEED’s larger financing programs are designed to work in conjunction with lending institutions located in the region.
SEED also administers a Business Assistance Program, which includes individual technical assistance, monthly entrepreneurial workshops and a Small Business Library. These services are all free.
SEED has over 200 members and 40 directors. SEED’s members represent community and business organizations, economic development agencies, local officials, lending institutions and small businesses.
For more information, please contact SEED Corp
The Plymouth Area Chamber of Commerce
The Plymouth Area Chamber of Commerce is a business organization of roughly 750 members across the lower South Shore. We exist to serve not only local business, but the community at large. How do we do that? By offering a variety of business networking opportunities; by sounding a strong voice on local and regional business issues; by offering educational seminars and special programs to our members; by developing and supporting economic development initiatives that improve the overall quality of life in the region.
For more information, please contact the Plymouth Area Chamber of Commerce
If you’re just starting a business, SCORE mentors can provide the practical action plan, education and tools you need to open your doors and establish a customer base. Already own a business? Our volunteer mentors can help identify ways to increase profit, improve employee and customer satisfaction, and achieve work/ life balance. With SCORE, you can have the honest, confidential and sometimes tough conversations about managing money, motivating your team, and other business topics.We can be your confidant, your cheerleader and your accountability partner on your path to achieving success, at six convenient locations serving the area from Braintree to the Bourne Bridge and from Weymouth to New Bedford.
For more information, please contact SCORE
Tourism Promotion Group that helps visitors with things to do, places to visit, calendar of events, fun things to do and many other options for the eventful trip to Plymouth, MA
For more information, please contact Destination Plymouth
The Economic Development plan for the Town of Plymouth was created by RKG Associates, 2001-2002.
Please click here to learn more about Town of Plymouth Economic Development Master Plan