Equity Investments - Program Background
MassCEC’s Equity Investments Program was approved by the Board in 2009. The Equity Investments program was created to fill funding gaps for early stage clean tech companies. The goals of the program are to:
- Help early-stage companies advance their technologies through the commercialization stage
- Leverage outside capital by being part of an established funding round
- Invest in companies likely to create sustainable jobs and generate a financial return
- Support technologies that produce clean energy in an economical way, reducing costs to the ratepayer as well as volatility of energy costs over the course of time.
Additional details on MassCEC’s investment policy and strategy can be found here.