Entrepreneurship Development

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Lowell Entrepreneurship Assistance Program (LEAP)
With the main goal of providing financial and technical support to early stage start-ups and entrepreneurs, the City of Lowell in collaboration with the Capital Network is launching LEAP by July of 2017.
The Capital Network (TCN) offers programing and workshops to former and current entrepreneurs to teach them how to seek funding while connecting  them to valuable financial resources such as angel funding. During a 6-month membership program with TCN, Lowell entrepreneurs will learn valuable fundraising and pitch best practices as well as being exposed to real investors. 

The LEAP program will offer up to six (6) eligible applicants with a free 6-month membership with The Capital Network (TCN). 
Applications will be accepted on a first come, first serve basis starting July 1st; 2017.
Eligibility Requirements:
This program is funded through the Community Block Grant Program (CDBG)/ U.S. Department of Housing & Urban Development (HUD). To become eligible, the applicant is: 
  • Early stage entrepreneur or start-up in the following fields: high-tech, life-sciences, nanotechnology, environmental, engineering or consumer products; and
  • Live in Lowell; or Work in Lowell at one of the following  locations: UML I-hub; M2D2; EforAll; Lowell Makes; New Vestures; Mill #5; The Merge; other Lowell incubators, makers space or co-working not listed here; and
  • The job(s) created and/or retained are held by individuals falling within these income guidelines  

If you have any questions regarding eligibility, please contact Maria Dickinson, Economic Development Officer, City of Lowell Economic Development Office, at (978) 674-1435 or via email at: mdickinson@lowellma.gov
For More information on this program, please contact Marie Meslin, Exec. Director, The Capital Network, at (781) 591-0291 or via email at: marie@thecapitalnetwork.org

Program Application:

The Application is available online here

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