Massachusetts Growth Capital Corporation (MGCC)

The Massachusetts Growth Capital Corporation (MGCC) is a quasi-public agency of the Commonwealth of Massachusetts that aims to create and preserve jobs by providing financial products and services to small businesses, women and minority-owned businesses, and other underserved sectors. Established in 2010, MGCC works with traditional financial institutions to make capital more accessible, offering working capital, loan guarantees, and technical assistance. It plays a central role in the state's economic development by supporting businesses that may not qualify for conventional bank financing.