The Small Business Expansion Program is a forgivable loan available to eligible brick and-mortar for-profit businesses who:
Want to start-up in Lowell.
Are located elsewhere but want to establish a location in Lowell.
Are already located in Lowell but want to expand within the city.
The program's goal is to assist businesses that want increase their business operation but need technical and financial assistance to expand their customers base and boost sales.
Prior to beginning an application, prospective applicants are advised to review theProgram Guidelines and FAQ document, which contains detailed information about eligibility and common application questions. If you have questions about the program, please contact the Economic Development Office in the Department of Planning and Development.