Massachusetts Technology Collaborative

The Massachusetts Technology Collaborative was founded in 1982 as the Massachusetts Technology Park Corporation. It was established by the legislature to advance the growth of the technology sector of the state’s economy. The enabling legislation is available here. The Corporation's founder, first Chairman, and unpaid Executive Director was George Kariotis.

Patrick Larkin

Director

Roy Nascimento

CEO

12 past transactions

The DNA designs, plants, and maintains the hanging baskets and island planters that adorn downtown during the spring and summer using local businesses.
The North Central Massachusetts Development Corporation (NCMDC) is a non-profit corporation with the mission of creating jobs and improving the economy of North Central Massachusetts.

Venture Forum

Grant in 2023
Venture Forum is a startup community committed to helping entrepreneurs launch and scale their businesses in Central MA. It connects entrepreneurs and aspiring entrepreneurs with the resources and mentors necessary to drive entrepreneurial success.

Multiscale Systems

Grant in 2022
Multiscale Systems produces industrial innovations through technical engineering services and a robust in-house R&D program. The company specializes in metamaterial composites and focuses on advanced manufacturing.

Boston University

Grant in 2022
Boston University is an international, comprehensive, private research university, committed to educating students to be reflective, resourceful individuals ready to live, adapt, and lead in an interconnected world. Boston University is committed to generating new knowledge to benefit society. We remain dedicated to our founding principles: that higher education should be accessible to all and that research, scholarship, artistic creation, and professional practice should be conducted in the service of the wider community—local and international. These principles endure in the University’s insistence on the value of diversity, in its tradition and standards of excellence, and in its dynamic engagement with the City of Boston and the world. Boston University comprises a remarkable range of undergraduate, graduate, and professional programs built on a strong foundation of the liberal arts and sciences. With the support and oversight of the Board of Trustees, the University, through our faculty, continually innovates in education and research to ensure that we meet the needs of students and an ever-changing world.

Artaic

Grant in 2017
Artaic is a company that is focused on providing innovative mosaics for the architecture and interior design industry. It combines computer aided design software, cloud based ERP/MRP logistics system,and an innovative robotic mosaic assembly system to create these mosaics. Artaic received investments from Angels and Corporate offices, and substantial non-dillutive grant funding from NSF, NIH, MassChallenge, MassVentures and Horizon2020. It was established by Ted Acworth in 2007.

Artaic

Grant in 2016
Artaic is a company that is focused on providing innovative mosaics for the architecture and interior design industry. It combines computer aided design software, cloud based ERP/MRP logistics system,and an innovative robotic mosaic assembly system to create these mosaics. Artaic received investments from Angels and Corporate offices, and substantial non-dillutive grant funding from NSF, NIH, MassChallenge, MassVentures and Horizon2020. It was established by Ted Acworth in 2007.
University of Massachusetts Lowell is a high-ranking university, with several nationally recognized academic departments. Located about 30 minutes from Boston in Lowell, Massachusetts, UMass Lowell offers more than 100 degree programs at the undergraduate and graduate levels. UMass Lowell has several nationally recognized, research-oriented programs, including science and engineering. These programs undertake groundbreaking research and also provide exceptional work opportunities for its students and graduates. Other programs at UMass Lowell include liberal and fine arts, humanities, health-related programs, teacher education and social sciences. UMass Lowell also offers a range of internship opportunities for students who wish to gain experience in their field of study. Student life options at UMass Lowell include more than 100 diverse student organizations, leadership programs and community service opportunities. Lowell’s admissions policies are moderately competitive. Financial aid is available to eligible students through loans, academic scholarships and other sources to help cover tuition.

Artaic

Grant in 2014
Artaic is a company that is focused on providing innovative mosaics for the architecture and interior design industry. It combines computer aided design software, cloud based ERP/MRP logistics system,and an innovative robotic mosaic assembly system to create these mosaics. Artaic received investments from Angels and Corporate offices, and substantial non-dillutive grant funding from NSF, NIH, MassChallenge, MassVentures and Horizon2020. It was established by Ted Acworth in 2007.
The Rafik B. Hariri Institute for Computing and Computational Science & Engineering initiates, catalyzes, and propels collaborative, interdisciplinary research and training initiatives for a better society by promoting (a) discovery and innovations through the use of computational and data-driven approaches, and (b) advances in the science of computing inspired by challenges in arts and sciences, engineering, and management disciplines.

Ogin

Debt Financing in 2008
Ogin, Inc. (fka FloDesign Wind Turbine), headquartered in Waltham, MA, is a venture-backed developer of high efficiency shrouded wind turbine technology. This innovative design represents a novel application of well-proven aerodynamic technology known as a mixer/ejector that has been used in military and commercial aircraft since the 1970s to improve jet engine performance. Ogin’s mid-scale shrouded wind turbine will (1) significantly reduce the cost of energy of wind, (2) enable new distributed markets with lower wind speeds for wind power generation closer to load, and (3) increase the utilization per acre of land while reducing environmental impact.

Agrivida

Seed Round in 2004
Agrivida creates an enzyme solution to improve poultry and swine nutrition. GRAINZYME technology from Agrivida is an innovative platform that produces enzymes inside a corn kernel. By simply replacing a small amount of corn, it is a natural, convenient, and profitable way to introduce beneficial enzymes such as phytase, glucanase, and other enzymes into animal diets.
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