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Attention Holyoke residents, the current parking ban will conclude on Monday, February 17, 2025, at 6am. Please be advised that starting at 8:00am on Monday, February 17, 2025, 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 lunes 17 de febrero de 2025, a las 6am. Les informamos que a partir de las 8am del 17 de febrero, 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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