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.
“Investors and CEOs alike are realizing that prudent, covenant-lite debt structures that align with realistic business models can provide a path to sustainable growth.”
James Kenney, Senior Vice President
and Program Manager
Acacia Communications used the ETF to meet ambitious growth projections.
Algorex Health used the ETF to triple its head count.
Dive Technologies used the ETF to equip and staff a new facility.
First Light Diagnostics used the ETF to hire staff and expand its capabilities.
MedMinder Systems used the ETF to realize growth and better serve patients.
Vyasa Analytics used the ETF to hire staff and build out its infrastructure.