Massachusetts Technology Collaborative (MTC)

What is Massachusetts Technology Collaborative (MTC)?

The Massachusetts Technology Collaborative (MTC) is a public economic development agency established in 1982 with the mission to foster a more favorable environment for the formation, retention, and expansion of technology-related enterprises in Massachusetts. They operate through three major divisions: the John Adams Innovation Institute, the Massachusetts e-Health Institute, and the Massachusetts Broadband Institute.

MTC is actively engaged in stimulating economic activity across the Commonwealth by focusing on strategic areas such as broadband connectivity, e-health, manufacturing, and technology development. To date, they have made approximately 850 strategic investments totaling around $35 million, which has leveraged over $233 million of additional investment from various sources, achieving a 6:1 ratio of leveraged funds.

Their investment approach includes a range that maxes out at $500,000, committed to catalyzing the tech ecosystem in Massachusetts. Their programs span a wide range covering various key areas like cybersecurity, digital health, innovation strategy for hardware technology manufacturers, supporting sector-specific startups, and expanding opportunities within the tech sector. With a commitment to boosting digital equity and infrastructure, they also offer opportunities for public and affordable housing improvement and cyber sector job training.

Their website details various programs, news and events, resources supporting Massachusetts’s tech landscape, and funding opportunities for stakeholders within the state's technology sectors.