ETF Invests $1.3M in SCV to Drive Growth and Hiring
MassDevelopment provided a $1.3 million loan from its Emerging Technology Fund to SCV Holdings Inc., doing business as Smart Connected Ventures (SCV), a South Deerfield-based company delivering high-impact digital solutions for commercial businesses. SCV subsidiary ScentBridge provides scent marketing solutions to major retail and hospitality brands. The BlueStreak subsidiary is an Internet of Things (IoT) platform, serving customers with technology-driven tools that provide digital operating solutions which are remotely managed providing a consistent customer experience. The loan will support new hiring and provide working capital to help SCV continue expanding its products, services, and market reach.