MassDevelopment

MassDevelopment is a provider of financing and real estate solutions that support companies and nonprofits, increase housing, eliminate blight, and drive economic growth across Massachusetts. MassDevelopment is dedicated to stimulating business, driving economic growth, and assisting communities across Massachusetts to thrive. MassDevelopment prioritizes low-cost and creative financing options for a variety of organizations, as well as sustainable redevelopment of surplus properties, the transformation of the Commonwealth's Gateway Cities, and promotion of the Massachusetts manufacturing and defense sectors.

Lauren Liss

President and CEO

43 past transactions

Greentown Labs

Grant in 2024
Greentown Labs, Inc. is a climate technology incubator founded in 2011 and located in Somerville, Massachusetts. The company provides co-located prototyping, office, and event spaces specifically designed for businesses in the clean technology, energy, and environmental sectors. Its mission is to foster a vibrant community of entrepreneurs by offering the necessary resources and support to help early-stage companies thrive. By creating shared warehouse spaces and facilitating collaboration, Greentown Labs aims to enable innovative solutions that address pressing climate challenges.

Glenmeadow

Debt Financing in 2023
Glenmeadow helps older adults live full lives without worrying about future health concerns. They also offer senior wellness programs, personal care, independent and assisted living apartments, home services, retirement communities, life plan communities, and property services.

Community Healthlink

Grant in 2023
Community Healthlink aids in the treatment of substance abuse, mental illness, and homelessness among children and families. It is committed to protecting, reestablishing, and upholding the physical, mental, and human rights of people, kids, and families.

Bisousweet Confections

Debt Financing in 2023
Bisousweet Confections is a women-owned baking firm that uses sweets, doughnuts, and Muffins to make people feel loved.

Cougar Capital

Grant in 2023
Founded in 2008, Cougar Capital is a real estate investment firm headquartered in Boston, Massachusetts. The firm focuses on acquiring underutilized properties and their development and property management.

Montachusett Regional Transit Authority

Grant in 2022
The Montachusett Regional Transit Authority ('MART') is one of 15 regional transit authorities in Massachusetts. 'MART' is in North Central Massachusetts and includes portions of Northern Worcester and Western Middlesex County. 'MART' was established in August 1978 under Massachusetts General Laws, Chapter 161B. 'MART' provides public transportation to 24 cities and communities in the surrounding area.

Framingham Council On Aging - Callahan Center

Grant in 2022
Framingham Council On Aging - Callahan Center is a government organization that represents accounting, animal control, assessors' department, capital projects and facilities management, city clerk, city council, council on aging, finance division, fire, government channel, human resources, inspectional services, library, licensing, and more.

Clinton Council On Aging

Grant in 2022
Clinton Council On Aging performs as a resource center for residents who are 60 or older. For these residents, they will offer services and initiatives in the areas of advocacy, health, education, nutrition, and recreation. Their outreach program resource offers advocacy through referrals in fields like social security, medicare, Medicaid, medicare mass health, housing help, and fuel assistance.

Knights Airport Limousine Service

Grant in 2022
Knights Airport Limousine Service provides transportation services. They offers door-to-door airport shuttle service, private town car transportation, and mini-buses.

Tommy's Taxi

Grant in 2022
Tommy's Taxi is a taxicab company that offers reliable transportation services. They offer roomy sedans and large minivans to accommodate their passengers’ needs. Their smoke-free vehicles are equipped with GPS, computer-aided dispatch, credit-card meters, and two-way radios.

Natick Council on Aging

Grant in 2022
Natick Council on Aging supports senior citizens with disabilities and other rehabilitation programs. The Center works to foster an atmosphere that values diversity, and respect for one another and encourages inclusive work practices in order to offer advocacy, support services, and programs. The mission of the Natick Council on Aging is to enable Natick residents of all income levels and abilities to make informed decisions, stay actively involved in their community, and maintain their independence, health, and vitality.

Tri-Valley

Grant in 2022
Tri-Valley is a private, non-profit organization that provides information, referrals, and care management for the elderly in their homes and in the community. It is dedicated to elders' and people with disabilities' rights to live independently, with dignity and safety, in a setting of their choosing.

Council on Aging

Grant in 2022
Council on Aging promotes and develops initiatives and services to enhance people's health and well-being. It is a town human services division that attends to the needs and problems of elderly people or households with elderly members. They strive to address the requirements of seniors while regularly evaluating and updating programs.

Hopkinton Senior Center

Grant in 2022
Hopkinton Senior Center offers events and services that promote independence, healthy living, and ongoing community involvement. They help to improve and enrich the quality of life for adults. Their vision for the senior population is that they are respected and valued members of society who can live active, independent lives and stay in their homes and neighborhoods for as long as they want.

Charles River Community Health

Grant in 2022
Charles River Community Health provides medical, pharmacy, dental, behavioral health, and vision services. It also offers clinical services that include primary care, podiatry, obstetrics, health benefit enrollment, and community health services.

The Dimock Center

Grant in 2022
The Dimock Center provides health care, behavioral health, education, adult medicine, pediatrics, OB/GYN, dental, eye care, acute treatment services, and residential recovery.

Uphams' Corner Health Center

Grant in 2022
Upham's Corner Health Center provides medical, dental, pediatric, and emergency treatment. They serve adolescent health, adult internal medicine, behavioral health, dental care, eye care, family medicine, laboratory, pediatrics, pharmacy, urgent care, and women's healthcare.

South Cove Community Health Center

Grant in 2022
South Cove Community Health Center provides visual field testing treatments for patients. They offer treatments and services that include geriatric services, bone density imaging, eyeglass prescriptions, contact lense prescriptions and fittings, and more.

Community Health Programs

Grant in 2022
Community Health Programs offers primary care, dental, behavioral health, and nutrition services. They are able to refer patients to behavioral health support through their primary care providers. Their technology has enabled doctors, nurse practitioners, mental health consultants, and others to consult with patients via telemedicine, or telehealth.

CHCFC

Grant in 2022
CHCFC provides primary care services for patients. They provide services including physical exams, sexual and reproductive health care, urgent care, chronic disease management, and diagnostic screenings. They offer dental services such as preventive, restorative, and emergency dental care for children and adults.

North Shore Community Health

Grant in 2022
North Shore Community Health provides excellence in comprehensive, accessible, and affordable primary care. They provide quality, comprehensive primary care through board-certified physicians, nurse practitioners, and physician assistants. They also provide dental and behavioral health services. They provide care that is respectful of and responsive to individual patient needs and values.

Edward M. Kennedy Community Health Center

Grant in 2022
Edward M. Kennedy Community Health Center provides personal care services. They offer treatments for asthma, diabetes, hypertension, cardiovascular disease, depression, HIV, and AIDS.

Fenway Health

Grant in 2022
Fenway Community Health is a medical practice company. Fenway Health advocates for and delivers equitable, accessible health care, supportive services, transformative research, and education. Their services include primary care for adults and children, womens health, transgender health, behavioral health, eye care, and dental care.

Holyoke Health Center

Grant in 2022
Holyoke Health Center is a Federally Qualified Community Health Center. Holyoke Health Center has been the only free-standing comprehensive health center in the greater Holyoke area with onsite 340B pharmacy and integrated oral health and behavioral health services.

Caring Health Center

Grant in 2022
Caring Health Center is a wellness center that provides nutrition education, group physical exercise, and other services to support healthy and productive lives among patients. They also offer services to address emotional and other issues.

Harvard Street Neighborhood Health Center

Grant in 2022
Harvard Street Neighborhood Health Center provides multifaceted health care services and programs; from preventive medicine such as free health education classes and screenings, to advanced treatment methods to fight chronic diseases.

Manet Community Health Center

Grant in 2022
Manet Community Health Center provides preventive, primary, and urgent care services to all, regardless of financial circumstances or health insurance coverage status. They also provide telehealth, pharmacy, eye care, laboratory services, and health benefits counseling.

Manet Community Health Center, Attleboro

Grant in 2022
Manet Community Health Center, Attleboro is dedicated to providing preventive, primary, and non-emergent urgent care to all.

Community Health Center of Cape Cod

Grant in 2022
The Community Health Center of Cape Cod provides various health care services. They provide services like primary care, walk-in care, dental, optometry, behavioral health, and substance use disorders. They are involved healthcare providers; nurse practitioners and physician assistants are advanced healthcare providers. They provide an on-demand, mobile video connection to medically trained language interpreters.

Community Healthlink

Grant in 2022
Community Healthlink aids in the treatment of substance abuse, mental illness, and homelessness among children and families. It is committed to protecting, reestablishing, and upholding the physical, mental, and human rights of people, kids, and families.

Island Health Care

Grant in 2022
Island Health Care is a Federally Qualified Community Health Center on the Island of Martha's Vineyard.

Community Health Connections

Grant in 2022
Community Health Connections offers primary care, chronic disease management, X-rays, behavioral health, acupuncture, and pharmacy services. Their services and care include acupuncture, behavioral health, caring for kids, dental, eye care, optometry, health, insurance assistance, HIV clinic, hep b vaccines, homeless, publically housed services, nutrition, pediatrics, podiatry, primary care, family care, substance use disorder treatment, telehealth, and urgent care.

Greater Lawrence Family Health Center

Grant in 2022
Greater Lawrence Family Health Center provides healthcare services that include behavioral health, pediatric care, and geriatric care. They also provide transgender care, HIV care management, and community based services.

Codman Square Health Center

Grant in 2022
Codman Square Health Center is a nonprofit organization located in Boston, Massachusetts, dedicated to providing comprehensive outpatient healthcare services to families. The center offers a wide range of medical services, including primary care, dental care, eye care, urgent care, and behavioral health services, along with various medical specialties. In addition to healthcare, Codman Square Health Center emphasizes community well-being by providing financial and fitness education to its patients and the surrounding community. This multi-service center aims to enhance health outcomes and promote wellness among its diverse population.

Fitchburg State University

Grant in 2021
Fitchburg State University is a school in Fitchburg. A mid-sized public college in Fitchburg, Massachusetts, Fitchburg State University offers solid academic and professional degrees and a culturally lively campus life for college-bound students from New England and beyond. With fewer than 8,000 students, Fitchburg is just large enough to provide academic options. Undergraduates may choose from professional degrees or academic arts and science programs such as: *Architecture *Computer Science *Criminal Justice *Film Production *Political Science *Pre-Law *Pre-Medicine *Sociology *Theatre Arts Master’s degrees are also available in Counseling, English, Education and several other fields. College life also presents enough options to make for an interesting and eclectic student life experience. Student theatre performances, musical ensembles and an art gallery are some of the cultural arts activities. There are also student publications, academic lectures and student clubs. Admission requirements for undergraduate students include school transcripts, an essay of intent, recommendation letters from former teachers and SAT or ACT scores. In addition to academic performance, extracurricular activities are considered in the admissions process. Financial aid is awarded to eligiblee students through grants, loans, work-study and scholarships. Grants, certain types of loans and work-study are based on financial need while most scholarships are based on academic performance. Those who wish to be considered for financial aid must fill out a FAFSA.

Vyasa Analytics

Debt Financing in 2018
Vyasa Analytics is a company that specializes in providing an AI-powered platform tailored for life sciences and healthcare organizations. Its flagship product, Vyasa Layar, facilitates the integration and analysis of diverse data across various environments, including both cloud and on-premise sources. The platform offers a unified data landscape that allows users to explore their data through a suite of low-code, deep learning applications. Vyasa's technology incorporates scalable deep learning software that is capable of performing dark data analytics, neural concept recognition, and collaborative analytics, empowering organizations to extract insights from their enterprise data effectively and securely.

Berkshire Sterile Manufacturing

Debt Financing in 2018
Berkshire Sterile Manufacturing specializes in the production of sterile drug products, primarily targeting biotechnology companies. The company offers small-scale sterile manufacturing services, ensuring the highest levels of sterility assurance and quality through modern technologies and stringent quality standards. Its expertise extends to analytical development, providing essential support such as method development and validation, stability studies, and formulation scale-up. By focusing on these areas, Berkshire Sterile Manufacturing aims to meet the specific needs of its clients in the biotechnology and pharmaceutical sectors, ensuring safe and effective products for clinical use.

BSS Additive

Grant in 2018
BSS Additive manufactures low cost precision metal powders from machine shop wastes using mechanical grinding technologies.

Amastan Technologies

Debt Financing in 2017
Amastan Technologies LLC specializes in the development, commercialization and implementation of plasma technologies for the production and processing of nanomaterials. Amastan proudly relies on its highly educated scientists and engineers who combine industry and academic experience in a variety of fields such as plasma physics and plasma chemistry, industrial processes, material sciences, and engineering.

Senscio Systems

Venture Round in 2014
Senscio Systems, Inc. develops health management solutions aimed at providing valuable information and support for both consumers and clinicians. The company focuses on intelligence management for the U.S. government and personal healthcare management for individuals. Its key offerings include Ibis, an interactive care management system designed to assist patients in adhering to their daily care plans and managing chronic illnesses, and Kiwi, a sensor-equipped device that monitors gait and stance to assess fall risk. Additionally, Senscio Systems has created Egret, a software system that analyzes electronic fund transfer data to identify potential money laundering activities. The company's core technologies facilitate the development of decision support systems tailored for government and commercial markets. Established in 2009 and headquartered in Boxborough, Massachusetts, Senscio Systems was formerly known as Shirley Research Corporation.

ECI Biotech

Venture Round in 2007
ECI is developing and licensing its protein technologies for use in a wide range of industries with unmet needs, including nosocomial infections, medical diagnostics, industrial chemistry and consumer goods. ECI Biotech's product pipeline currently includes a diagnostic sensor for urinary tract infections, as well as advanced wound care systems designed to provide early warning of emergent infections and to promote healing. ECI presently also has 2 corporate partnerships with Fortune 100 companies in the medical device industry.
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