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[December 23, 2021]  SEED Corporation has selected Baldies Pizzeria of Lakeville, MA as the 2021 recipient of the Small Business of the Year Award. This family-owned and operated restaurant was established in 1998 by owner Mike Mastrangelo and specializes in gourmet brick-oven pizzas, as well as subs, tacos, soups, salads, and a wide variety of other main dishes. They also offer an extensive menu of craft beers (40 to try!), wines, and hard seltzers. 

Baldies Pizzeria came to SEED in 2015 for an SBA 504 loan to complete a ground-up construction project. Financing was provided in partnership with Eastern Bank and enabled the business to relocate from 500 sqft. in the back of a convenience store to a 5,800 sqft., 120-seat restaurant. Since then, Baldies Pizzeria has added another 400 sqft. to their space, an additional 40 seats, and now employs 66 people. The business has also increased sales by 20% in the last year, despite the challenges of COVID. 

Baldies Pizzeria is also heavily involved in the community they serve having donated food, gift cards, or provided sponsorship to local organizations including Kid's Pan Am Bike Ride, Long Pond's Save the Pond events, Council on Aging, Elliot Farm, and local school and sports leagues.

SEED is recognizing Baldies Pizzeria for exceptional business performance, job creation, and involvement in their community. For more information about the business, visit their website.

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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.

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Lisa Holmes Named NADCO's CDC Employee of the Year

[November 18, 2022]  SEED is extremely proud to announce that Lisa Holmes, Senior Vice President, Lending Team Leader, has been named the 2022 CDC Employee of the Year by the National Association of Development Companies (NADCO)! Selected from a pool of candidates nationwide, Lisa is being presented this award for exemplifying exceptional leadership, a strong team mentality, and an expertise in small business lending that has elevated her organization, colleagues, and clients. She was formally recognized this week at NADCO's 2022 conference in Denver, Colorado. 

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Tamarah Bacon Joins SEED Lending Team

[November 17, 2022]  Tamarah Bacon has recently joined SEED Corporation's lending team, as a Vice President and Commercial Loan Officer, and brings with her over 17 years of experience with traditional and non-traditional lending institutions. Tamarah works with clients and banking partners on micro, small, and SBA 504 loans, as well as SBA Community Advantage Loans.

Prior to joining SEED, she was an AVP and Commercial Loan Officer at Coastal1 Credit Union (formerly Pawtucket Credit Union). Tamarah earned her Bachelor of Science from Roger Williams University and her Master of Public Administration from Bridgewater State University.

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SEED to Participate in Spanish-Speaking Micro Lender Panel hosted by Center for Women & Enterprise 

[July 14, 2022]  The Center for Women & Enterprise (Eastern MA office) will be holding a micro lending panel entitled Micro Loans: Capital for Your Business from Local Organizations administered entirely in Spanish. SEED Corporation will sit on the panel along with resource partners from Ascendus, Boston Local Development Corporation, Dorchester Bay Economic Development Corporation, the U.S. Small Business Administration, and Surfside Capital Advisors, all of whom will be delivering information on business lending practices to an audience of Spanish-speaking business owners. 

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SEED Receives $3 Million in American Rescue Plan Funds to Serve Small Businesses in Eastern Massachusetts 

[May 13, 2022]  U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding SEED a $3 million grant to capitalize and administer a revolving loan fund. This grant is funded by the American Rescue Plan. This grant will be used to provide gap financing to small, local businesses in Barnstable, Bristol, Dukes, Essex, Nantucket, Norfolk, Plymouth and Suffolk counties as they recover, grow, and create new employment opportunities. This EDA grant will be matched with $750,000 in local funds and is expected to create 100 jobs, retain 150 jobs, and generate $7.5 million in private investment, according to grantee estimates.

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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

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.