Massachusetts Technology Development Corporation

The Massachusetts Technology Development Corporation, a leading edge venture capital firm that addresses the "capital gap" for start-up and expansion of early-stage technology companies operating in the Commonwealth of Massachusetts. MTDC has invested in many of Massachusetts' most promising new technology-based companies.

What criteria does MTDC us in making investments? They include:

• The company must be located in, or agree to locate in, Massachusetts.

• The company's business must be technology-based, and its principal products or services must be sufficiently innovative to provide a competitive advantage.

• The business expansion which MTDC's venture capital investment would help to finance must produce a significant growth in employment.

• The company must be able to demonstrate that it has been unable to secure sufficient venture capital from conventional sources on affordable terms to finance its expansion.

• The company must be able to show the prospect of a high rate of return on MTDC's venture capital investment.

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