Funding to support start-up costs for new Fitchburg business
The North Central Massachusetts Development Corporation (NCMDC), the economic development arm of the North Central Massachusetts Chamber of Commerce, recently approved a $30,000 loan to Delicious Dips to provide funding toward start-up costs with establishing the business in Fitchburg. Funding created one full-time job in the community.
Delicious Dips, located in Parkhill Plaza on Franklin Road, is a bakery with walk-in retail service featuring smoothies with offers of custom orders of cakes and dipped fruits, among other items.
Owner Paige McNamara worked with the City of Fitchburg and the NCMDC to secure the loan funding and was also provided technical assistance from NewVue Communities Small Business Assistance Program to establish the business.
“The opening of my business is a testament to our community coming together to help someone achieve their dreams of becoming an entrepreneur,” said McNamara. “With this funding from the North Central Massachusetts Development Corporation, I was able to build out the business of my dreams, and order supplies and inventory as I opened the business this past summer.”
The business held a grand opening ceremony in July with local dignitaries, community, civic and business leaders in attendance. For more info, visit https://deliciousdipsbypaige.com.
As a microloan lender, NCMDC can provide loans to small businesses up to $250,000 for working capital, real estate, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project.
For more information about the NCMDC loan programs, please call 978.353.7607 or visit NorthCentralMass.com or ChooseNorthCentral.com.