Massachusetts Growth Capital Corporation (MGCC) provides small business loans from $5,000 to $1,000,000 directly to companies and can cooperate with other funding providers as needed. Additionally, MGCC provides managerial guidance with all financing options.
MGCC’s purpose is to:
Create and preserve jobs at small businesses.
Build operational capacity and business skills through technical assistance, education, and access to capital.
Save at-risk jobs and create new employment opportunities as new or struggling businesses stabilize and grow.
Create public-private partnerships between the Commonwealth and a strong network of nonprofit businesses and development organizations.