Goldman Sachs raises $37 million for BLDC startup Cogito Corp
The Boston Business Journal reports that Goldman Sachs has raised $37 million for Cogito Corporation. When this Boston software company was founded, it received $150,000 in initial funding from the BLDC. The company now employs 110 people.
Gingko Bioworks on biosecurity
Ginkgo Bioworks, a company that received its first funding as a startup from the BLDC, is working to unlock the enormous power of biology: its ability to grow sustainably, to process information, and adapt to changing environments.
Register now for the South End/Lower Roxbury Business & Financing Workshop
Come network with small businesses in the South End and learn about how to grow your business with SPARK by Capital One, as well as financing opportunities, grants, store improvements and technical assistance from the City of Boston's Main Street and ReStore program, the Boston Local Development Corporation, and other sources.
BLDC funded salon holds grand opening in South Boston
The Boston Local Development Corporation (BLDC), East Boston Savings Bank and the Massachusetts Small Business Association (SBA) partnered to provide funding for a new start up salon, Love and Mercy, located in South Boston, which opened its doors at a grand opening on Tuesday, April 17, 2018. The salon is located on the ground floor of the new Aloft Hotel on D Street.
BLDC celebrates the financing of woman owned businesses
Over the past year, the Boston Local Development Corporation (BLDC), has closed over $800,000 in new loans. In celebration of International Women’s Day and Women’s History Month, the BLDC Board of Trustees and Staff are proud to note that all of the businesses that received financing are either owned or co-owned by Woman Entrepreneurs!