Commonwealth of Massachusetts
Citizens' Guide to State Services

Published by
William Francis Galvin
Secretary of the Commonwealth
Citizen Information Service

Business/Economic Development:
Business Financial Assistance & Economic Development

A2 Massachusetts Office of Business Development

A3 Massachusetts Office of International Trade and Investment

A4 Massachusetts Small Business Development Center Network

A5 Massachusetts Export Center

A6 Supplier Diversity Office

A7 Massachusetts Film Office

A8 Massachusetts Sports Marketing Office

A9 Massachusetts Growth Capital Corporation

A10 Massachusetts Alliance for Economic Development

A11 BDC Capital Corporation

A12 Massachusetts Capital Resource Company

A13 Massachusetts Development Finance Agency

A14 Massachusetts Technology Collaborative

A15 MassVentures

A16 Devens Enterprise Commission

A2 Massachusetts Office of Business Development (MOBD)
Executive Office of Housing and Economic Development
10 Park Plaza, Suite 3730
Boston, MA 02116
Tel: 617-973-8600
Toll Free: 877-BIZ-TEAM (249-8326)

The Massachusetts Office of Business Development serves as the state's principal development agency. It assists in the expansion and location of businesses in Massachusetts and is also responsible for the promotion of Massachusetts as a business location. It provides direct assistance to businesses. Specific assistance is provided in expediting the permit process, in obtaining capital, and other forms of financial assistance from public and quasi-public finance agencies, in offering an inventory of site locations, in identifying and obtaining training assistance. MOBD works in partnership with the Small Business Development Centers (see A4 below). It also is a collaborating partner in the Massachusetts Export Center.

A3 Massachusetts Office of International Trade and Investment (MOITI)
Executive Office of Housing and Economic Development
10 Park Plaza, Suite 4510
Boston, MA 02116
Tel: 617-973-8650

The Massachusetts Office of International Trade and Investment is the Commonwealth’s primary international business development agency charged with promoting trade and investment with global partners in Massachusetts and around the world. The office strives to build successful international collaborations and partnerships essential to bringing new economic growth to the Commonwealth.

A4 Massachusetts Small Business Development Center Network
Tilson House
University of Massachusetts
23 Tilson Farm Road
Amherst, MA 01003
Tel: 413-545-6101
Fax: 413-545-1273

The Massachusetts Small Business Development Center Network is part of a nationwide program established to provide individualized management assistance that draws on the resources of the academic community, federal, state and local government and the private sector. Founded by the U.S. Small Business Administration and the Massachusetts Office of Business Development, combined with the contributions of participating universities, local chambers of commerce, and regional centers provide basic MSBDC services of one-to-one management/technical assistance and sponsor educational programs for small businesses in a given geographical region. There are several regional offices, please call or visit the website for further information.

A5 Massachusetts Export Center
Massachusetts Small Business Development Center Network
Two Center Plaza, Suite 200
Boston, MA 02108
Tel: 617-973-8664
Central & Western Mass.: 508-887-5412
South Coast, Cape Cod & the Islands: 508-999-1388 Fax: 617-973-8681

Recognizing the need to make export services easily accessible to companies, the Massachusetts Export Center was established to serve as a one-stop resource for export assistance. Companies can access a wide variety of export assistance, including: export readiness assessments; one-on-one export counseling; export workshops, training programs and conferences; overseas market research, statistics and trade leads; international marketing activities; a network of international offices; meetings with visiting international business delegations; export financing; a newsletter; and international business publications. Call ahead for an appointment as walk-ins cannot be accommodated

A6 Supplier Diversity Office (SDO)
Executive Office of Administration and Finance
Operational Services Division
One Ashburton Place, Room 1017
Boston, MA 02108
Tel: 617-502-8831

Formerly the State Office of Minority and Women Business Assistance (SOMWBA) the Supplier Diversity Office (SDO) promotes the development of certified minority business enterprises. The current list of recognized enterprises are listed alphabetically: ACDBE: Airport Concession Disadvantaged Business Enterprise; DBE: Disadvantaged Business Enterprise; DOBE: Disability-Owned Business Enterprises; LGBTBE: Lesbian, Gay, Bisexual and Transgendered Business Enterprise; MBE: Minority Business Enterprise; MWBE: Minority Women Business Enterprise; M/NPO: Minority Non-Profit Organization; M/W/NPO: Minority Women Non-Profit Organization; PBE: Portuguese Business Enterprise; SDVOBE: Service-Disabled Veteran-Owned Business Enterprise; VBE: Veteran Business Enterprise; WBE: Women Business Enterprises; and W/NPO: Women Non-Profit Organization. Specifically, SDO offers services in certification, enforcement, business assistance and advocacy. SDO is Massachusetts' certification agency for state purchasing, and the office also certifies disadvantaged business enterprises for participation on contracts funded by the U.S. Department of Transportation (DOT). SDO offers pre-certification workshops monthly throughout the state, provides management and technical assistance referrals, and organizes seminars and workshops for minority and woman entrepreneurs on a wide variety of business topics. SDO publishes and also provides internet-based directories of certified firms with information about public and private sector procurement opportunities, business assistance agencies and organizations, and also publishes a quarterly newsletter, the Certified Business Bulletin (CBB), mailed to certified companies.

A7 Massachusetts Film Office (MFO)
Executive Office of Housing and Economic Development
136 Blackstone Street, 5th Floor
Boston, MA 02109
Tel: 617-973-8400

This office promotes Massachusetts as an ideal filming location.

A8 Massachusetts Sports Marketing Office
Massachusetts Office of Travel and Tourism
10 Park Plaza, Suite 4510
Boston, MA 02116
Tel: 617-973-8500, option 2, extension 8

This offices promotes Massachusetts as an ideal sporting location.

Quasi-Public Finance Agencies:

A9 Massachusetts Growth Capital Corporation (MGCC)
529 Main Street, Suite 201
Boston, MA 02129
Tel: 617-523-6262
Fax: 617-523-7676

Formerly the Massachusetts Community Development Finance Corporation (CDFC), MGCC is a quasi- public economic development agency, provides debt and equity financing for small business and real estate projects in targeted low-income and moderate-income communities throughout the Commonwealth. All projects of the agency must meet MGCC 's investment standards as well as assist in the creation of jobs, affordable housing, or commercial development. Business investments must be located in a community, which has a local Community Development Corporation (CDC). MGCC is run by a nine-member board appointed by the governor for staggered five-year terms. Other programs include the Venture Capital Program, which provides debt and equity financing for small businesses and the Commonwealth Enterprise Fund.

A10 Massachusetts Alliance for Economic Development (MassEcon)
101 Walnut Street
Watertown, MA 02472
Tel: 617-924-4600

This office is a private non-profit partnership bringing together government and industry leaders dedicated to the economic growth of Massachusetts. It serves as a central source of available properties information to expanding and relocating companies, as well as to promote the retention and expansion of businesses within the Commonwealth.

A11 BDC Capital Corporation
500 Edgewater Drive, Suite 555
Wakefield, MA 01880
Tel: 781-928-1100
Fax: 781-928-1101

Formerly the Massachusetts Business Development Corporation (MassBusiness), BDC Capital specializes in subordinated debt lending. BDC Capital is a resource for companies seeking working capital, fixed asset, and business acquisition and/or expansion.

A12 Massachusetts Capital Resource Company
420 Boylston Street, 5th Floor
Boston, MA 02116
Tel: 617-536-3900

Massachusetts Capital Resource Company was established in 1977 as a limited partnership privately owned and funded by Massachusetts-based life insurance companies. The Company’s mission is to provide risk capital to fill the senior debt to equity funding “gap” experienced by growing companies. Mass. Capital provides higher risk growth and acquisition capital to manufacturing, distribution, service and technology companies with a focus on emerging growth and middle market companies with operations in Massachusetts.

A13 Massachusetts Development Finance Agency (MassDevelopment)
99 High Street
Boston, MA 02110
Tel: 617-330-2000
Toll Free: 1-800-445-8030 (within Mass. only)

With the consolidation of the Massachusetts Government Land Bank and the Massachusetts Industrial Finance Agency, MassDevelopment is the Commonwealth's primary source of public financing for economic development projects. Criteria based assistance is offered for bonds, financing, tax credits, and grants in a wide variety of fields to businesses, non-profits, municipalities and developers. There are regional offices and further information on these locations as well as programs may be found by calling or visiting their website.

A14 Massachusetts Technology Collaborative (MTC)
75 North Drive
Westborough, MA 01581
Tel: 508-870-0312
Fax: 508-898-2275

Massachusetts Technology Collaborative is a quasi-public economic development organization established by the state to develop renewable energy. The collaborative was established by law (MGL Ch. 40J), in partnership with state government, industry, and the public and private universities of Massachusetts, to support an expanding technology-based economy for the Commonwealth, through the creation and operation of shared-use technology centers.

Regional Office:
Two Center PLaza, Suite 200
Boston, MA 02108
Tel: 617-371-3999


A15 MassVentures
308 Congress Street, 5th Floor
Boston, MA 02110
Tel: 617-723-4920
Fax: 617-723-5983

Formerly known as the Massachusetts Technology Development Corporation (MTDC), MassVentures is an independent state agency and which makes investments in new and expanding technology-based companies within the Commonwealth. As a leading edge venture capital firm, MassVentures finances companies which have the capacity to expand and generate new jobs, but which have been unable to secure from private sources sufficient capital to fund such expansion. MassVentures also provides management assistance to emerging companies by referring them to appropriate alternative sources of funding.

A16 Devens Enterprise Commission
33 Andrews Parkway
Devens, MA 01434
Tel: 978-772-8831, ext. 3313
Fax: 978-772-7577

Chapter 498 of the Acts of 1993 created an independent area formerly known as Fort Devens. Presently, the commission is encouraging business development there.


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