CONTRACTAPPROVED

MassDevelopment | Commonwealth of Massachusetts Awards Financial Services Contract to MASSVENTURES (June 2026)

MassDevelopment | Commonwealth of Massachusetts logoMassDevelopment | Commonwealth of Massachusetts
Disclosed value
$10,000,000 original principal amount
From minutes
Approved
Jun 11, 2026

The 30-second brief

What it covers

MassDevelopment approved a $10 million investment with MassVentures to manage funds for the Emerging Technology Fund. The investment was authorized unanimously under terms set out in the Board memorandum.

Who holds it

MASSVENTURES holds this financial services contract with MassDevelopment | Commonwealth of Massachusetts. Its other public contracts on record include work for University Of Massachusetts-Central Office and Town of Monroe.

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Contract details

Contract type
Financial Services
Amount
$10,000,000 original principal amount
Document date
June 11, 2026
Source document
Massachusetts Development Finance Agency Minutes Board of Directors Meeting 2026-06-11 (Minutes)

MASSVENTURES's other public contracts

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Questions about this contract

Who was awarded the financial services contract by MassDevelopment | Commonwealth of Massachusetts?

MASSVENTURES was awarded this financial services contract by MassDevelopment | Commonwealth of Massachusetts, as recorded on June 11, 2026. The contract value is $10,000,000 original principal amount.

How much is the MASSVENTURES contract with MassDevelopment | Commonwealth of Massachusetts worth?

The MASSVENTURES contract with MassDevelopment | Commonwealth of Massachusetts is valued at $10,000,000 original principal amount, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Massachusetts Development Finance Agency Minutes Board of Directors Meeting 2026-06-11 (Minutes), dated June 11, 2026 from MassDevelopment | Commonwealth of Massachusetts. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does MASSVENTURES hold?

MASSVENTURES may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is MassDevelopment | Commonwealth of Massachusetts currently buying?

Explore MassDevelopment | Commonwealth of Massachusetts's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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