Brockton Human Service Agency to Upgrade IT Systems with $163,000 MassDevelopment Loan
July 7, 2010
Brockton Area Multi-Services, Inc. (BAMSI) will use a low-cost $163,000 MassDevelopment TechDollars loan to upgrade key information technology systems to support business operations and enhance data security.
â€œThis TechDollars loan will improve network capabilities at BAMSI, and these better systems will, in turn, help the organization maintain and improve services to people with and without disabilities,â€ said MassDevelopment President and CEO Robert L. Culver.
Founded in 1975, BAMSI is one of the largest non-profit, human service organizations in Massachusetts. BAMSI delivers services that include day and residential services; housing and essential services for those most in need; HIV/AIDS programs to both prevent the spread of the disease and work with those living with HIV/AIDS; elderly services for low-income and disabled elderly residents; behavioral health services that provide individual and family mental health support; and programs for children, youth, and families, designed to assist families and children access the necessary resources for obtaining a quality education and a healthy lifestyle. BAMSI supports over 25,000 individuals per year through more than 120 programs throughout the Commonwealth. BAMSI is certified by the Massachusetts Supplier Diversity Office, formerly known as the State Office of Minority and Women Business Assistance (SOMWBA) and is also accredited by the Commission of Accreditation of Rehabilitation Facilities (CARF).
Anthony Simonelli, CEO of BAMSI, said of the MassDevelopment loan, â€œThese tech dollars will help strengthen our administrative and business functions and expedite our transition to become a comprehensive information-based organization.â€
MassDevelopment's TechDollars Program, designed for nonprofits, offers loans between $25,000 and $250,000, and covers the purchase of new or used telecommunications and information technology equipment and installation costs.
MassDevelopment, the state's finance and development authority, works with businesses, financial institutions, and communities to stimulate economic growth across the Commonwealth. During FY2009, MassDevelopment financed or managed 229 projects statewide representing the investment of nearly $1.2 billion in the Massachusetts economy. These projects are supporting the creation of 1,488 new housing units and 8,232 jobs: 3,362 permanent and 4,870 construction-related.