The Massachusetts Equitable PPP Access Initiative (MEPPPAI) is a coalition formed to provide timely and equitable access to forgivable federal loans from the U.S. Small Business Administration under the Paycheck Protect Program (PPP) for underbanked businesses and historically disadvantaged and underserved demographic groups, including businesses owned by women and people of color.  The coalition includes community development financial institutions, banks, business support organizations, foundations, and other supporting partners.

If you are a minority-owned business, you can still receive technical assistance on how to apply for and use PPP funds and how to apply for forgiveness by joining a workshop or signing up for help below.

Also, see below for updates and resources or sign up for assistance in English, Español (Spanish), Kreyòl ayisyen (Haitian Creole), 中文 (Chinese), العربية (Arabic) or Português (Portuguese) here.

For all Interim Final Rules on the Paycheck Protection Program, visit the US Department of Treasury's website. Learn more about the Equitable PPP Initiative coalition and how to refer businesses in your own memberships and communities here. To inquire about support, volunteer your time or skills, or simply learn more, email This email address is being protected from spambots. You need JavaScript enabled to view it..
 

Congratulations Little Learners Academy! Rhode Island & New England Woman-Owned Small Business of the Year

[April 30, 2024] SEED is proud to congratulate our clients Charlene Barbieri and Kendra Tanguay, owners of Little Learners Academy as the 2024 Rhode Island and New England Woman-Owned Small Business of the Year!

Read more: Congratulations Little Learners Academy! Rhode Island & New England Woman-Owned Small Business of...

SEED Awarded $4.5 million from RI Commerce Corporation through State Small Business Credit Initiative 

[August 3, 2023] South Eastern Economic Development (SEED) Corporation has been awarded a $4.5 million loan from RI Commerce Corporation under the State Small Business Credit Initiative (SSBCI). Funding for this program was made available through the reauthorization and amendment of the Small Business Jobs Act of 2010 (SBJA) by the American Rescue Plan Act (ARPA) of 2021 in order to provide $10 billion to fund the SSBCI as a response to the economic effects of the COVID-19 pandemic. This is a federal program administered by the Department of the Treasury that was created to strengthen state programs that support private financing to small businesses. 

Read more: SEED Awarded $4.5 million from RI Commerce Corporation through State Small Business Credit...

Healey-Driscoll Administration Announces $78 Million for New Grant Programs to Support Massachusetts Small Businesses 

[April 6, 2022]  The Inclusive Recovery Grant Program will provide up to $75 million in funding through grants of up to $75,000 for businesses owned by people of color, women, veterans, immigrants, individuals with disabilities, or those who identify as part of the LGBTQ+ community; businesses that focus on reaching markets predominantly made up of socially and economically disadvantaged and historically underrepresented groups; and other underserved markets.

Read more: Healey-Driscoll Administration Announces $78 Million for New Grant Programs to Support...

SEED Honors 2022 Award Recipients at 40th Annual Meeting 

[December 8, 2022]  SEED's 40th Annual Meeting was held on December 8th at White's of Westport and included the presentation of the 2022 Business of the Year, Start-Up Business of the Year, and Regional Business Advocate of the Year. Click the link to see the winners! 

Read more: SEED Honors 2022 Award Recipients at 40th Annual Meeting

SEED Makes 68 Small Business Loans Totaling $17.8 million in 2022

[November 30, 2022]  In 2022, the South Eastern Economic Development (SEED) Corporation made 68 small business loans totaling $17.8 million and assisted in the creation of 398 new jobs. These loans were either made in participation with the region’s financial institutions to meet a financing gap, or as direct loans to small businesses not able to obtain conventional financing.

Read more: SEED Makes 68 Small Business Loans Totaling $17.8 million in 2022

South Eastern Ecomonic Development Corporation home page

80 Dean Street,
Taunton, MA 02780

1-508-822-1020

Business Hours:
Mon-Thu 8am-5pm
Friday 8am-4pm

Programs sponsored by:

SBA Lender Certified CDFI US Department of Treasury
SEED Corporation is a certified lender in Massachusetts and Rhode Island.

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SEED Corporation is an equal opportunity lender and business assistance partner.