MassDevelopment

Emerging Technology Fund

Your company is off and running, and you’re ready to go to the next level – that’s when you come to us. The Emerging Technology Fund (ETF) is designed to help growing companies like yours find the capital you need. We work with companies located in or relocating to Massachusetts that have strong management teams, demonstrated technical developments, shown market demand for their products, and proven financial records.

The ETF makes loans of up to $2,500,000 to technology companies for acquisition, expansion, working capital, or equipment purchases.  Combined with MassDevelopment’s other offerings, we can help you deliver the products essential for a thriving economy.

Who’s eligible?

To qualify for the ETF program, you must be a technology company that:

  • Is considering launching or expanding manufacturing operations in Massachusetts
  • Seeks financing for the purchase, expansion, or improvement of real estate; the purchase of equipment; or working capital for growth
  • Will receive financing from two parties other than the ETF
  • Can ensure your financial investment benefits the Massachusetts economy

We help proven technology companies of all kinds looking to expand in Massachusetts, including:

  • Advanced Materials
  • Communications
  • Defense / Homeland Security
  • Electronics
  • Environmental
  • Information Technology
  • Medical Devices
  • Nanotechnology
  • Plastics / Polymers

 

Download ETF Brochure


For more information contact:

Jim Kenney
VP Commercial Lending – ETF Program
Direct: 617-405-5250 x1704
Email: jkenney@massdevelopment.com


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