Reminder: Massachusetts Growth Capital Corporation has merged with MassDevelopment to become MassDevelopment: Growth Capital Division. Beginning March 31, 2025, this account will become inactive. Follow MassDevelopment moving forward for news and information on our small business resources.
MassDevelopment: Growth Capital Division
Financial Services
Charlestown, MA 1,526 followers
Formerly Mass Growth Capital Corporation. As of March 31, 2025, this account is no longer active.
About us
Formerly Massachusetts Growth Capital Corporation, we are now the Growth Capital Division of MassDevelopment. As of March 31, 2025, this account is no longer active. Follow @MassDevelopment or visit massdevelopment.com for assistance.
- Website
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massdevelopment.com
External link for MassDevelopment: Growth Capital Division
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Charlestown, MA
- Type
- Government Agency
- Founded
- 2025
Locations
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Primary
Get directions
529 Main Street
Suite 201
Charlestown, MA 02129, US
Employees at MassDevelopment: Growth Capital Division
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Carmen Panacopoulos
Deputy Director at The Boston Fed, Board Member at Massachusetts Growth Capital Corporation & MassHousing
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Theresa Ng
VP, Community Investment | Empowering Entrepreneurs | Advocate for Foster Youth & Adoption Equity
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Erin Spano
Loan Administrator, Mass Development, Growth Capital Division
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Anne Berrigan
Program Manager at Commonwealth Corporation
Updates
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Banks and financial advisors: As the new MassDevelopment: Growth Capital Division, we are continuing to partner with you to optimize your small business clients’ success. Learn more about how we can help: bit.ly/4iRrS5S
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In February, Massachusetts Growth Capital Corporation merged with MassDevelopment to become MassDevelopment: Growth Capital Division. Beginning March 31, 2025, this account will become inactive. Follow MassDevelopment moving forward for news and information on our small business resources.
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MassDevelopment: Growth Capital Division helps small businesses in Massachusetts strengthen and grow. Learn more about how we can help: bit.ly/4ik2Yvn
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MassDevelopment: Growth Capital Division reposted this
MassDevelopment is hiring a Vice President of Business Development. This role will be at the forefront of driving growth, building strong relationships, and generating leads for our lending and investment banking teams. You’ll connect with key referral sources across southeastern Massachusetts, develop strategic partnerships, and champion MassDevelopment’s mission in real estate and community development. If you thrive on creating opportunities, engaging with stakeholders, and making an impact, this role is for you. Learn more and apply: bit.ly/3KGjypS
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MassDevelopment: Growth Capital Division reposted this
MassDevelopment’s North Region Vice President of Business Development, Geetha Rao Ramani, looks forward to participating!
🎙️ Panel Announcement: Finding the Right Space for Growth! 🎙️ Finding the right space to grow can be a very difficult process for a hardtech startup—this panel will help you choose wisely as you position your company for long-term success. Join us at "Scale Up Your Startup: Preparing Your Hardtech Company for Growth" on March 27 at 300 Tradecenter 128, Woburn, MA, for an insightful panel discussion facilitated by FORGE Manufacturing Expert in Residence, Mark Michalski. We’ll explore how startups can align space selection with growth, cost-saving strategies, and leveraging startup ecosystems for success. Whether you’re securing your first lab or scaling into manufacturing, this discussion will help you make informed decisions. Panelists: 🔹 James Trudeau – Chief Design Officer, Cummings Properties 🔹 Shiv Bhakta – Founder and CEO, Active Surfaces 🔹 Geetha R. – VP Business Development, MassDevelopment 📅 Date: March 27, 2025 📍 Location: Cummings TradeCenter, Woburn, MA ⏳ Time: 5:00 PM - 7:30 PM 💡 Bonus: Stay for the pitch competition, where startups will compete for a $20,000 rent credit for a Cummings Properties office, lab, or R&D space! 🔗 Register now and secure your spot! https://bit.ly/3F0yH5G #Hardtech #Startups #ScalingUp #Manufacturing #FORGEImpact #Entrepreneurship #CummingsProperties #MassDevelopment #ActiveSurfaces
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MassDevelopment: Growth Capital Division reposted this
Thanks to the North Central Massachusetts Chamber of Commerce for inviting our President and CEO Navjeet Bal to speak with your members today in Fitchburg! The event provided a great opportunity to hear about local priorities, share updates from our agency, and discuss our recent work supporting economic growth across the region.
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Today, the Massachusetts Executive Office of Economic Development (EOED) completed the merger of two quasi-public economic development agencies, MassDevelopment and the Mass Growth Capital Corporation (MGCC), to create an enhanced agency that will empower small and large businesses and mission-driven organizations with a more robust set of economic development and financing tools. Effective today, MGCC will become MassDevelopment: Growth Capital Division, and all 19 employees of MGCC will become employees of MassDevelopment. All MGCC programs and products will remain available to the small businesses previously served by MGCC to ensure no interruption in services for MGCC customers and stakeholders. bit.ly/4bde1DJ
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Mass Growth Capital Empowers Small Business by providing access to local resources, providing commercial loans and guarantees to small business owners, and funding grant programs through economic development organizations across the Commonwealth. Learn more at https://lnkd.in/efrynUV.
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