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Funding Opportunities

Explore the funding opportunities available from Massachusetts organizations to support digital health companies below. Please contact the organization listed in the opportunity directly – our staff will be unable to answer specific questions about external opportunities.

If you manage a program available to digital health organizations in Massachusetts, please submit your opportunity here.

logo for City of Boston Business Strategy Team

The City of Boston offers support to businesses seeking to move or expand in Boston. The Healthcare and Life Sciences team can help connect you with resources and opportunities within Boston’s world class ecosystem.

Details available on the City’s Healthcare and Life Sciences webpage.

logo for MassDevelopment

The ETF makes loans of up to $2.5M targeted at growing technology companies that have already demonstrated market demand for their products. Loans can be used for acquisition, expansion, capital, or equipment purchases.

Details available on the ETF webpage.

logo for MassDevelopment

MassDevelopment offers loans up to $2M to purchase equipment for companies expanding their operations in Massachusetts. Loans can cover up to 85% of the cost of new equipment with loan terms up to 7 years.

Details available on MassDevelopment’s loans and guarantees page.

Click to visit the Innovation Institute website

The Innovation Institute’s Collaborative Research Matching Grant Program supports research and development projects by investing in critical infrastructure. These investments support R&D partnerships that bring together the Commonwealth’s world-class research institutions with the state's leading technology firms.

Details available on the grant program webpage.

logo for MassVentures

Specifically for academic founders looking to spin out their research

MassVentures draws from their deep network of business development experts to match academic founders with the entrepreneurial champion best suited to address their unique needs or challenges. Their network of vetted entrepreneurial champions includes CEOs, chairpersons, venture capital advisory board members, and other professionals.

Details available on the program webpage.

logo for MassVentures

MassVentures offers loans for early-stage tech companies in Massachusetts that are paid back as a percentage of revenue up to a capped amount.

Details available on the program webpage.

logo for Massachusetts Life Sciences Center

  Through the MassNexGen program, women-led early-stage companies will be awarded a year-long customized package of support to refine their business strategies and effectively raise capital. The package includes non-dilutive grant funding and access to a network of seasoned Executive Coaches from the life sciences ecosystem. Companies must be located and registered to do business in MA, must have a life sciences focus with core technology and/or service in areas including digital health, and must be led by a woman (CEO, President, etc.)

Details available on the initiative webpage.

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