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Massachusetts Technology Collaborative

The Massachusetts Technology Collaborative (MassTech) is a quasi-public economic development agency based in Westborough, Massachusetts, focused on fostering the growth of the state's technology and innovation economy through strategic grants and partnerships.

Founded
1982
Recorded stages
Pre Seed, Seed, Friends Family, Angel, Accelerator
Recorded regions
United States

Online destinations

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Where to find this organization online, grouped by who runs each page. A link here does not mean the organization controls it.

Overview

The Massachusetts Technology Collaborative (MassTech) is a public economic development agency established in 1982 to support the growth of the innovation economy in Massachusetts. It fosters collaboration among industry, academia, and government, aiming to turn ideas into economic opportunities. MassTech operates through various initiatives, including the Massachusetts Broadband Institute, MassCyberCenter, and the Massachusetts eHealth Institute, providing funding and resources to enhance competitiveness across sectors such as cybersecurity, digital health, and advanced manufacturing. With a projected fund size of approximately $700 million over the next five years, MassTech focuses on deploying non-dilutive grants to support startups and innovation initiatives.

Focus

MassTech focuses on sectors such as broadband, cybersecurity, eHealth, advanced manufacturing, and microelectronics. It provides funding, resources, and support for innovation initiatives, aiming to strengthen Massachusetts' position in the technology landscape.

Support

MassTech adds value by providing non-dilutive funding, resources, and support to startups and innovation initiatives. Its programs connect entrepreneurs with mentorship, funding opportunities, and industry partnerships, fostering a robust innovation ecosystem in Massachusetts.

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