MGCC News

February 02 2018

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Governor Baker Appoints Edward O. Owens, Jr. to MGCC Board of Directors

BOSTON – February 2, 2018 Governor Charlie Baker has appointed Edward O. Owens, Jr. to the Massachusetts Growth Capital Corporation (MGCC) Board of Directors. Mr. Owens is a Certified Public Accountant and Chief Financial Officer of Owens Companies, Inc., the oldest minority-owned and operated company in New England.

“We are pleased to welcome such an outstanding small business leader to the Board,” said MGCC Chairman Nam Pham. “The degree and depth of his experience will strengthen MGCC. We look forward to Ed’s insight as we continue our work empowering small business through financing and managerial assistance to create economic opportunities for all here in Massachusetts.”

Overseeing a third-generation, family-owned business that specializes in commercial moving and warehousing, Mr. Owens brings a unique business owner perspective and over a decade of financial leadership experience to MGCC.  Prior to joining the family business, Mr. Owens worked for TripAdvisor, Inc., LogMeIn, Inc., and Deloitte & Touche, LLP.

“I am excited to join Mass Growth Capital Corporation’s Board of Directors,” said Mr. Owens. “Providing access to capital for small businesses is essential and often determines the success or failure of small businesses. I look forward to working with MGCC and to create more opportunities for small businesses which play such an important role in our economy.”    

Mr. Owens is a graduate of Northeastern University, where he received both his Bachelor’s Degree and Master’s Degree of Science in Accounting. He is a Certified Public Accountant in the Commonwealth of Massachusetts and Corporator for East Cambridge Savings Bank.

“We welcome Ed to our Board with his experience and expertise in financial management and running a business in the Commonwealth,” said Lawrence D. Andrews, President & CEO of MGCC. “He is a great addition to our team!”

About MGCC

Massachusetts Growth Capital Corporation (MGCC) is a quasi-public agency created in 2010 to provide financial services and technical assistance to small businesses, women-, minority-, immigrant-, and veteran-owned businesses in Massachusetts. MGCC also works to promote economic development throughout the Commonwealth, focusing on Gateway Cities and underserved communities. The Agency works with traditional financial institutions to make challenging loans bankable, working with community development corporations and other non-profits to provide financing for job-producing projects, and assisting a wide range of small businesses find the growth capital they require. Since inception, MGCC has served over 341 small businesses, positively impacted more than 12,137 jobs, with customized working capital financing commitments totaling over $120,000,000.  For more information, follow us on Twitter @MassGCC and LinkedIn, and subscribe to our email list.

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