Massachussetts Technology Collaborative (Renewable Energy Trust)
Overview:
The Massachusetts Technology Collaborative is the state's development agency for renewable energy and innovation economy. The agency is working to enhance the state's economic competitiveness, strengthen its high-tech industry clusters, and harness local, clean energy resources.
Website:www.masstech.org
Country:United States
Geographic coverage:Massachussets
Mechanism:
| Grants |
| Seed and Angel Financing |
| Soft Loans |
| Venture Capital |
Programs:
Business Expansion Initiative (BEI); Sustainable Energy Economic Development (SEED); Massachussetts Green Energy Fund (MGEF).
Annual budget:
2007: John Adams Innovation Institude Cumulative Awards ca. $35 million / Renewable Energy Trust Cumulative Awards ca. $260 million
Employees:2008: staff about 80 people; Board of Directors 33. MTC works to stimulate economic activity in communities throughout the Commonwealth and it is responsible for one-quarter of all jobs in the state.
Membership:
| CESA |