MM Catalyst Fund

A $50 million fund to support entrepreneurs in Massachusetts.

Investing in entrepreneurship

MM Catalyst Fund (MMCF) will target a dual-prong approach to creating impact on the entrepreneurial environment in Massachusetts: 1) enabling the growth of technology and sustainability driven business in less-developed regions of the commonwealth and 2) driving growth and capital for business expansion into financially underserved Black businesses.

MMCF is building a diversified portfolio of early-stage and mid-stage Massachusetts companies. Early-stage companies need to have a solid proof of concept, significant market traction or revenue, and standout leadership teams. Mid-stage companies will have established annual recurring revenue of $1 million +, scalable revenue streams, and strong management teams.

MMCF has two funding sleeves.

Tech & Sustainability

$25 million to target investments in Massachusetts-based technology and sustainability-focused companies located outside Boston.

Geography: Companies must have headquarters and/or significant operations in Massachusetts, excluding Boston.
Impact: MMCF portfolio companies will create positive economic impact in MA. In addition, MMCF prefers companies where environmental, social or governance impact are an intrinsic part of the company’s product or service.

 

Growth

$25 million to target investments in Black-owned, founded, or managed businesses across Massachusetts.

Geography: Companies must have headquarters and/or significant operations in Massachusetts.
Ownership/Founding Teams: Companies must be Black-owned and remain majority Black-owned after investment..
Impact: MMCF portfolio companies will create positive economic impact in MA. In addition, MMCF prefers companies where environmental, social or governance impact are an intrinsic part of the company’s product or service.

The MM Catalyst Fund will primarily make investments of $250K to $2 million per company. To apply for funding, use the form to submit an application to us. We look forward to hearing from you.

  • Eligibility
  • Company Information
  • Company Vision
  • Funding

*= Required

Please verify your eligibility for MMCF funding by answering the following questions.

Is your company based in Massachusetts and majority Black-owned?*

Is your company based in Massachusetts (excluding Boston) and have embedded social impact goals/SDGs and metrics in its business model and/or operations?*

While we appreciate your interest in the MM Catalyst Fund, any information provided to us is for informational purposes only and in no way obligates MassMutual or MM Catalyst Fund to commit to, participate in or implement any investment. You should not definitively rely upon the submission of the application or use the submission of the application to form the definitive basis for any decision, contract, commitment or action whatsoever, with respect to any proposed transaction or otherwise. Further, until definitive written documentation is negotiated, executed and delivered by MassMutual or MM Catalyst Fund, no financing decisions are legally binding or commitments have been made to you.