Hudson spa loaned $75K from NCMDC for new space
Photo | Courtesy of North Central Massachusetts Development Corp.
Pictured (from left) are Sandie Cataldo, senior economic development manager at the North Central Massachusetts Development Corp.; Elizabeth LaPointe, co-owner of Renew You Med Spa; Anh To Keuttner, co-owner of Renew You Med Spa; Rebecca Beaton, vice [resident of lending at the North Central Massachusetts Development Corp.; Jacqueline Mastrangelo, small business developer at Fitchburg nonprofit NewVue Communities.
Renew You MedSpa has received a $75,000 loan from the North Central Massachusetts Development Corp.
Established in March 2021, Renew You MedSpa originally operated using an in-home service model before securing a location at The Landing in Hudson.
This loan will fund interior design of the spa’s The Landing location as well as inventory for its services, which will include derma fillers, Botox, vitamin therapy, and IV infusions. The money will enable the company to hire one part-time employee.
Anh To Keuttner and Elizabeth LaPointe, the duo who co-founded Renew You MedSpa, are certified aestheticians with more than 30 years of experience.
“With the support of the North Central Massachusetts Development Corp., we are able to finish our new location, expand our business hours, and grow our team,” LaPointe said in a NCMDC press release.
The North Central Massachusetts Development Corp. is the economic development arm of the North Central Massachusetts Chamber of Commerce. The NCMDC is a U.S. Small Business Administration microloan lender that can provide loans of up to $250,000 for working capital, real estate, equipment, inventory, expansion, and working with banking partners to provide gap financing.
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