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Please be advised that City offices will be closed on Monday, January 20th, in observance of the Martin Luther King, Jr holiday.

Attention Holyoke residents, the current regular parking ban will conclude on Tuesday, January 21, 2025, at 8am. Please be advised that starting at 8am on January 21, a reverse parking ban will be enforced, prohibiting parking on the EVEN side of the street and on cul-de-sacs until further notice. Thank you for your cooperation.

Atención residentes de Holyoke, la actual prohibición de estacionamiento concluirá el martes 21 de Enero del 2025, a las 8am. Les informamos que a partir de las 8am del 21 de Enero, comenzará una prohibición de estacionamiento inversa, prohibiendo estacionarse en el lado PAR de la calle y en las calles sin salida hasta nuevo aviso. Gracias por su cooperación.

MakerLoan

**The MakerLoan Program is for Manufacturers and Makers (those that produce a good/product for market sale), other business types will not qualify.***
MakerLoan: No interest loan for Makers that is intended for entrepreneurs or micro-businesses that cannot access typical financial services; intended to build borrower’s financial history and help formalize the business.

For:  Entrepreneurs, sole proprietorships, and micro-businesses which employ 5 or less people. Goal is to support business growth and to support development of the ‘Maker’ ecosystem in Holyoke.

Uses:  Start-up costs – typically incurred within the first 3 years of operations, pre-profit, before businesses can qualify for traditional capital – and other small, short-term expenses.

Amount: Up to $25,000

Term: Up to 5 years

Interest Rate:  0  %

Collateral: Minimum for an all asset security lien on business and personal guaranty

The Holyoke Economic Development and Industrial Corporation (HEDIC) will be hosting a virtual information session for small businesses interested in learning more about the MakerLoan Program on September 13th at 12pm.

Register for the MakerLoan Info Session HERE

 

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