• Need help? Call us now! 508-229-2010
Get Social with Us!

MEDC hosts capital workshop

MAIN STREET JOURNAL – Close to forty Marlborough business owners and entrepreneurs attended a free seminar at The Campus at Marlborough last week, to learn how to secure financing for their new or existing ventures. Organized by the Marlborough Economic Develop­ment Corporation (MEDC) and the Marlborough Regional Chamber of Commerce (MRCC), the “Access to Financing” workshop gathered a panel of industry experts to provide tips on how companies of all sizes can gain access to more capital.

The experts discussed various business financing options, including United States Small Business Administration loans, traditional and non-traditional lenders, and angel investors. Led by MEDC Chairman Richard Tomanek, the panel consisted of Paula Camara, Senior Business Advisor and Financial Specialist at the Clark University Small Business Development Center; Larry LaChance, President and Founder of Bankers Capital; Joseph Sova, Senior Vice President and Commercial Loan Officer at Avidia Bank; and Lisa Kerby Gibbs, Managing Partner at Highland-March Office Business Centers and Chair of the Boynton Angels (a network of private investors).

“Whether you are a small business owner, entrepreneur or anything in between, having access to capital when you need it can make or break you,” said Tomanek. “It is our goal at MEDC to help every business in Marlborough succeed, and we are proud to be providing our business community with essential information on important topics, like securing financing. I think everyone who attended walked away with some new knowledge that could help them get their new company off the ground or grow their existing business, and that’s all we could ask for.”
This article originally appeared here.