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Commonwealth Corporation

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uuid000g4sq

Namestring
Commonwealth Corporation
Legal namestring
Commonwealth Corporation
Websiteurl
commcorp.org
Company typeenum
Private
Founded yearint
1996
Descriptiontext

Commonwealth Corporation is Massachusetts' quasi-public workforce development agency, established in 1996 under the Executive Office of Labor and Workforce Development. It administers and manages a portfolio of grant-funded training programs serving diverse populations including small and medium-sized businesses, unemployed and underemployed workers, immigrants and English learners, previously incarcerated adults, young adults with disabilities, and youth aged 14 and older. The agency's core programs include the Career Technical Initiative (CTI), Workforce Training Fund Program (WTFP) with Express, General, and Special Purpose sub-programs, Workforce Competitiveness Trust Fund (WCTF) with Healthcare & Behavioral Health Hubs, RISE Grants, and Senator Kenneth J. Donnelly Grants, plus YouthWorks, Re-Entry Workforce Demonstration Grants, MAP-IT, and Skill Up.

Programs are delivered through an institutional distribution network of regional MassHire Workforce Boards, 23 Chapter 74 vocational technical schools, and over 180 Massachusetts-based employer partners. In FY25 alone, the WTFP supported skills training for nearly 28,000 workers and improved competitiveness for more than 1,600 businesses. Since 2023, CTI grants totaling approximately $53 million have trained over 4,400 participants with 2,360+ securing employment. The agency is led by President & CEO Molly Jacobson with a 19-member Governor-appointed Board of Directors and operates with 51-100 staff from a single headquarters in Boston.

Commonwealth Corporation's revenue model relies on state government appropriations through the Executive Office of Labor and Workforce Development line-item funding, employer contributions to the Workforce Training Fund under MGL Chapter 29 Section 2RR, and supplementary support from the affiliated Commonwealth Corporation Foundation. The agency does not sell products or services; grant amounts vary by program, ranging from bite-size WTFP Express grants to larger customized training awards and up to $10,000 per participant for CTI vocational programs. As a quasi-public entity, there are no private shareholders or external investors, and the organization operates under governmental oversight with the Massachusetts Secretary of Labor and Workforce Development serving as Board Chair.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersBoston, United States
HQ citystring
Boston
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
workforce development, vocational training, grant administration, employment services, job training programs
Industry2 codes
1State/Provincial Labor, Employment Standards & Workforce Development Administration
CodeBPAIABANPrimaryYes
2Workforce Readiness, Career Pathways & Youth Employment Nonprofits
CodeBPAGADAFPrimaryNo
NAICS code2 codes
  • Administration of Human Resource Programs9231
  • Public Administration92
SIC code2 codes
  • Services-Employment Agencies7361
  • Services-Educational Services8200
Product category
Workforce Development Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1State Government Appropriations
TypeGrants Donations
Description

Commonwealth Corporation is funded through annual appropriations from the Massachusetts state budget under the Executive Office of Labor and Workforce Development. The agency receives line-item funding for various workforce development programs including YouthWorks, Employment Programs for Young Adults with Disabilities, and Re-Entry Workforce Demonstration Grants.

commcorp.org
2Workforce Training Fund
TypeGrants Donations
Description

The Workforce Training Fund is financed through employer contributions as required by Massachusetts General Laws Chapter 29 Section 2RR. Employers contribute to the fund based on a workforce training contribution rate, which supports grants to businesses for employee training.

commcorp.org
3Workforce Competitiveness Trust Fund
TypeGrants Donations
Description

State trust fund that invests in workforce development programs targeting unemployed and underemployed residents, supported by competitive grant allocations.

commcorp.org
4Career Technical Initiative Funding
TypeGrants Donations
Description

Funded through the Workforce Skills Cabinet (WSC) to provide training for trades, construction, and manufacturing sectors via Chapter 74 vocational schools.

mass.gov
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Others, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Commonwealth Corporation is a Massachusetts quasi-public workforce development agency that administers state and federal workforce grants and manages training programs for businesses, job seekers, youth, and priority populations. It operates programs such as the Workforce Training Fund Program (WTFP), Workforce Competitiveness Trust Fund (WCTF), Career Technical Initiative, YouthWorks, and Skill Up, partnering with MassHire Workforce Boards, vocational schools, and employers across the state.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Nearly 28,000 workers received skills training and 1,600+ businesses supported in FY25 through WTFP
+2 more records
Product overview1 text field

Commonwealth Corporation is Massachusetts' quasi-public workforce development agency offering a comprehensive portfolio of grant programs and training initiatives. The organization operates as a platform of interconnected programs serving different workforce populations: the Career Technical Initiative (CTI) provides trades and manufacturing training through Chapter 74 schools; the Workforce Training Fund Program (WTFP) helps businesses upskill employees through Express, General, and Special Purpose grant sub-programs; the Workforce Competitiveness Trust Fund (WCTF) connects job seekers to training through Senator Kenneth J. Donnelly Grants, Healthcare & Behavioral Health Hubs, and RISE Grants; and YouthWorks and Employment Programs for Young Adults with Disabilities serve youth populations. Additional programs include MAP-IT for internationally trained professionals, Re-Entry Workforce Demonstration Grants for returning citizens, Skill Up for justice-involved youth, and the Commonwealth Corporation Foundation which provides supplementary funding and strategic support.

Product and service1 record
1Workforce Training Fund Program (WTFP)
Scale indicator15 records

Each record includes

Type, Value, Description, Source

Partnership11 partners
1Healthcare Employers (Regional Partners)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Regional healthcare employers partner with MassHire Workforce Boards and education providers through the Healthcare & Behavioral Health Hubs initiative (Grant Period: 2024-2026) to address persistent healthcare workforce shortages. Partners include hospitals, clinics, and healthcare systems providing training alignment and employment opportunities.

commcorp.org
Strategic tierCoreTypeOthersAnnounced on1996-01-01
Description

Commonwealth Corporation is a quasi-public agency under EOLWD, which provides oversight and strategic direction. EOLWD oversees multiple departments including Department of Unemployment Assistance, Department of Career Services, Department of Labor Standards, and others.

3Chapter 74 Vocational Schools
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Commonwealth Corporation partners with 23 Massachusetts vocational technical schools that have Chapter 74 designated programs to deliver Career Technical Initiative (CTI) training for trades, construction, and manufacturing sectors. These schools provide facilities and equipment for evening and weekend training programs targeting unemployed and underemployed adults.

commcorp.org
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Regional MassHire Workforce Boards serve as key implementation partners across multiple programs including CTI, Healthcare & Behavioral Health Hubs, and YouthWorks. They facilitate employer engagement, align training with local workforce demands, and assist with participant recruitment and job placement.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Over 180 Massachusetts employers collaborate with Commonwealth Corporation programs to design training, provide work experiences, and hire program graduates. These employer partnerships ensure training aligns with actual workforce needs and improve job placement outcomes.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Boston-based nonprofit that partners with employers and communities to expand access to English language learning for adult immigrants. Provided ESOL training for MicroTek employees through WTFP funding, working with local ESOL providers.

Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

Local ESOL partner deployed qualified instructors to deliver classroom instruction at MicroTek facilities as part of the workforce English language training program.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

DYS funds the Skill Up initiative administered by Commonwealth Corporation, providing career development and life skills training for youth in the juvenile justice system. Commonwealth Corporation provides direct services rather than grant administration for this program.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Higher education institutions, community colleges, and vocational training providers deliver workforce programs funded through WCTF, CTI, and other Commonwealth Corporation grants, serving as the instructional delivery channel for skills training.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

CBOs partner with Commonwealth Corporation to deliver workforce services to targeted populations including immigrants, returning citizens, and individuals with barriers to employment. They provide outreach, case management, and support services alongside training.

11Commonwealth Corporation Foundation
Strategic tierCoreTypeOthers
Description

The Foundation supports Commonwealth Corporation's mission by bridging resource gaps, developing demonstration projects, and enhancing proven workforce strategies. The Foundation focuses on unmet needs and innovative approaches to workforce development.

commcorp.org
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

National nonprofit that designs and drives workforce and education transformation, partnering with states, employers, and communities on training for underrepresented populations. Highly comparable as a mission-aligned workforce intermediary operating alongside state workforce systems.

TypeDirect peer
Description

National nonprofit that collaborates with regional workforce partnerships, employers, and funders to improve employment outcomes for lower-wage workers. Comparable as a workforce intermediary with similar population focus and employer-driven model.

TypeDirect peer
Description

Regional workforce development organization serving the Chicago region as the local WIOA administrator, partnering with employers, training providers, and community organizations. Comparable as a quasi-public/regional workforce intermediary administering public workforce funds.

TypeDirect peer
Description

National nonprofit workforce development organization training young adults for corporate careers with paid internships and employer partnerships. Comparable in targeting opportunity youth and underserved populations with employer-aligned training pipelines.

TypeDirect peer
Description

National nonprofit providing tuition-free IT workforce training to individuals from underserved communities, with employer partnerships for job placement. Comparable as a tuition-free, employer-aligned workforce training provider serving barriered populations.

6Massachusetts Department of Career Services (DCS / MassHire)
TypeBroad incumbent
Description

The state agency under the same parent (EOLWD) that oversees the MassHire Career Center system delivering employment services to Massachusetts residents. Comparable as the broader state-level public workforce system in which Commonwealth Corporation operates and through which it delivers programs.

TypeBroad incumbent
Description

Large national nonprofit providing workforce development, job training, and employment services across the U.S., often for people facing barriers to employment. Comparable as a broad workforce services operator, though diversified beyond workforce development into retail fundraising.

TypeBroad incumbent
Description

Federal agency administering WIOA Title I and other federal workforce programs that fund state and local intermediaries including Massachusetts. Comparable as the overarching public-sector authority whose programs and funding flow through entities like Commonwealth Corporation.

TypeRegional player
Description

Portland-metro area workforce development board acting as a regional intermediary administering public and private workforce funds. Comparable as a regional workforce intermediary with similar functions but operating in Oregon rather than Massachusetts.

TypeRegional player
Description

Cleveland-based nonprofit providing workforce development for individuals facing employment barriers, including re-entry populations. Comparable in serving re-entry and barriered populations but operating primarily in Northeast Ohio rather than Massachusetts.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment3 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Commonwealth Corporation

Workforce Development Servicescommcorp.org

What Commonwealth Corporation does

Commonwealth Corporation is Massachusetts' quasi-public workforce development agency, established in 1996 under the Executive Office of Labor and Workforce Development. It administers and manages a portfolio of grant-funded training programs serving diverse populations including small and medium-sized businesses, unemployed and underemployed workers, immigrants and English learners, previously incarcerated adults, young adults with disabilities, and youth aged 14 and older. The agency's core programs include the Career Technical Initiative (CTI), Workforce Training Fund Program (WTFP) with Express, General, and Special Purpose sub-programs, Workforce Competitiveness Trust Fund (WCTF) with Healthcare & Behavioral Health Hubs, RISE Grants, and Senator Kenneth J. Donnelly Grants, plus YouthWorks, Re-Entry Workforce Demonstration Grants, MAP-IT, and Skill Up.

Programs are delivered through an institutional distribution network of regional MassHire Workforce Boards, 23 Chapter 74 vocational technical schools, and over 180 Massachusetts-based employer partners. In FY25 alone, the WTFP supported skills training for nearly 28,000 workers and improved competitiveness for more than 1,600 businesses. Since 2023, CTI grants totaling approximately $53 million have trained over 4,400 participants with 2,360+ securing employment. The agency is led by President & CEO Molly Jacobson with a 19-member Governor-appointed Board of Directors and operates with 51-100 staff from a single headquarters in Boston.

Commonwealth Corporation's revenue model relies on state government appropriations through the Executive Office of Labor and Workforce Development line-item funding, employer contributions to the Workforce Training Fund under MGL Chapter 29 Section 2RR, and supplementary support from the affiliated Commonwealth Corporation Foundation. The agency does not sell products or services; grant amounts vary by program, ranging from bite-size WTFP Express grants to larger customized training awards and up to $10,000 per participant for CTI vocational programs. As a quasi-public entity, there are no private shareholders or external investors, and the organization operates under governmental oversight with the Massachusetts Secretary of Labor and Workforce Development serving as Board Chair.

Commonwealth Corporation firmographics

Firmographics
Name
Commonwealth Corporation
Legal name
Commonwealth Corporation
Website
https://commcorp.org
Company type
Private
Founded year
1996
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

Commonwealth Corporation industry classification

Industry
Product category
Workforce Development Services
NAICS
Administration of Human Resource Programs (9231), Public Administration (92)
SIC
Services-Employment Agencies (7361), Services-Educational Services (8200)
akta.pro primary industry
State/Provincial Labor, Employment Standards & Workforce Development Administration (BPAIABAN)
akta.pro secondary industry
Workforce Readiness, Career Pathways & Youth Employment Nonprofits (BPAGADAF)

Keywords

  • Workforce development
  • Vocational training
  • Grant administration
  • Employment services
  • Job training programs

Where Commonwealth Corporation is headquartered

Location

Headquarters

HQ city
Boston
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Commonwealth Corporation business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Others, Marketing or Sales, Infrastructure

Revenue model

  1. State Government Appropriations: Commonwealth Corporation is funded through annual appropriations from the Massachusetts state budget under the Executive Office of Labor and Workforce Development. The agency receives line-item funding for various workforce development programs including YouthWorks, Employment Programs for Young Adults with Disabilities, and Re-Entry Workforce Demonstration Grants.
  2. Workforce Training Fund: The Workforce Training Fund is financed through employer contributions as required by Massachusetts General Laws Chapter 29 Section 2RR. Employers contribute to the fund based on a workforce training contribution rate, which supports grants to businesses for employee training.
  3. Workforce Competitiveness Trust Fund: State trust fund that invests in workforce development programs targeting unemployed and underemployed residents, supported by competitive grant allocations.
  4. Career Technical Initiative Funding: Funded through the Workforce Skills Cabinet (WSC) to provide training for trades, construction, and manufacturing sectors via Chapter 74 vocational schools.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Commonwealth Corporation product offering

Product offering

Core offering

Commonwealth Corporation is a Massachusetts quasi-public workforce development agency that administers state and federal workforce grants and manages training programs for businesses, job seekers, youth, and priority populations. It operates programs such as the Workforce Training Fund Program (WTFP), Workforce Competitiveness Trust Fund (WCTF), Career Technical Initiative, YouthWorks, and Skill Up, partnering with MassHire Workforce Boards, vocational schools, and employers across the state.

Product overview

Commonwealth Corporation is Massachusetts' quasi-public workforce development agency offering a comprehensive portfolio of grant programs and training initiatives. The organization operates as a platform of interconnected programs serving different workforce populations: the Career Technical Initiative (CTI) provides trades and manufacturing training through Chapter 74 schools; the Workforce Training Fund Program (WTFP) helps businesses upskill employees through Express, General, and Special Purpose grant sub-programs; the Workforce Competitiveness Trust Fund (WCTF) connects job seekers to training through Senator Kenneth J. Donnelly Grants, Healthcare & Behavioral Health Hubs, and RISE Grants; and YouthWorks and Employment Programs for Young Adults with Disabilities serve youth populations. Additional programs include MAP-IT for internationally trained professionals, Re-Entry Workforce Demonstration Grants for returning citizens, Skill Up for justice-involved youth, and the Commonwealth Corporation Foundation which provides supplementary funding and strategic support.

Differentiator

Problem solved

Functional benefit

Products and services

  • Workforce Training Fund Program (WTFP)

Quantifiable outcome

  • Nearly 28,000 workers received skills training and 1,600+ businesses supported in FY25 through WTFP
  • +2 more outcomes

Companies that use Commonwealth Corporation

Customer profile

Named customers4 records

Segments7 records

Ideal customer profiles5 records

Commonwealth Corporation technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Commonwealth Corporation partnerships and signals

Strategic signal

Partnerships

Eleven partnerships are on record, tiered core and minor.

  • Healthcare Employers (Regional Partners)coreStrategic or Co-development Partner · 1 January 2024Regional healthcare employers partner with MassHire Workforce Boards and education providers through the Healthcare & Behavioral Health Hubs initiative (Grant Period: 2024-2026) to address persistent healthcare workforce shortages. Partners include hospitals, clinics, and healthcare systems providing training alignment and employment opportunities.
  • Executive Office of Labor and Workforce Development (EOLWD)coreOthers · 1 January 1996Commonwealth Corporation is a quasi-public agency under EOLWD, which provides oversight and strategic direction. EOLWD oversees multiple departments including Department of Unemployment Assistance, Department of Career Services, Department of Labor Standards, and others.
  • Chapter 74 Vocational SchoolscoreStrategic or Co-development PartnerCommonwealth Corporation partners with 23 Massachusetts vocational technical schools that have Chapter 74 designated programs to deliver Career Technical Initiative (CTI) training for trades, construction, and manufacturing sectors. These schools provide facilities and equipment for evening and weekend training programs targeting unemployed and underemployed adults.
  • MassHire Workforce BoardscoreStrategic or Co-development PartnerRegional MassHire Workforce Boards serve as key implementation partners across multiple programs including CTI, Healthcare & Behavioral Health Hubs, and YouthWorks. They facilitate employer engagement, align training with local workforce demands, and assist with participant recruitment and job placement.
  • 180+ Massachusetts-based EmployerscoreStrategic or Co-development PartnerOver 180 Massachusetts employers collaborate with Commonwealth Corporation programs to design training, provide work experiences, and hire program graduates. These employer partnerships ensure training aligns with actual workforce needs and improve job placement outcomes.
  • English for New BostoniansminorStrategic or Co-development PartnerBoston-based nonprofit that partners with employers and communities to expand access to English language learning for adult immigrants. Provided ESOL training for MicroTek employees through WTFP funding, working with local ESOL providers.
  • Valley Opportunity Council (VOC)minorImplementation/ SI/ Consulting PartnerLocal ESOL partner deployed qualified instructors to deliver classroom instruction at MicroTek facilities as part of the workforce English language training program.
  • Department of Youth Services (DYS)coreStrategic or Co-development PartnerDYS funds the Skill Up initiative administered by Commonwealth Corporation, providing career development and life skills training for youth in the juvenile justice system. Commonwealth Corporation provides direct services rather than grant administration for this program.
  • Education and Training ProviderscoreChannel Partner/ Reseller/ DistributorHigher education institutions, community colleges, and vocational training providers deliver workforce programs funded through WCTF, CTI, and other Commonwealth Corporation grants, serving as the instructional delivery channel for skills training.
  • Community-based OrganizationscoreChannel Partner/ Reseller/ DistributorCBOs partner with Commonwealth Corporation to deliver workforce services to targeted populations including immigrants, returning citizens, and individuals with barriers to employment. They provide outreach, case management, and support services alongside training.
  • Commonwealth Corporation FoundationcoreOthersThe Foundation supports Commonwealth Corporation's mission by bridging resource gaps, developing demonstration projects, and enhancing proven workforce strategies. The Foundation focuses on unmet needs and innovative approaches to workforce development.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Commonwealth Corporation competitors and assessment

Company assessment

Direct peers

  • Jobs for the Future (JFF): National nonprofit that designs and drives workforce and education transformation, partnering with states, employers, and communities on training for underrepresented populations. Highly comparable as a mission-aligned workforce intermediary operating alongside state workforce systems.
  • National Fund for Workforce Solutions: National nonprofit that collaborates with regional workforce partnerships, employers, and funders to improve employment outcomes for lower-wage workers. Comparable as a workforce intermediary with similar population focus and employer-driven model.
  • Chicago Cook Workforce Partnership: Regional workforce development organization serving the Chicago region as the local WIOA administrator, partnering with employers, training providers, and community organizations. Comparable as a quasi-public/regional workforce intermediary administering public workforce funds.
  • Year Up: National nonprofit workforce development organization training young adults for corporate careers with paid internships and employer partnerships. Comparable in targeting opportunity youth and underserved populations with employer-aligned training pipelines.
  • Per Scholas: National nonprofit providing tuition-free IT workforce training to individuals from underserved communities, with employer partnerships for job placement. Comparable as a tuition-free, employer-aligned workforce training provider serving barriered populations.

Broad incumbents

  • Massachusetts Department of Career Services (DCS / MassHire): The state agency under the same parent (EOLWD) that oversees the MassHire Career Center system delivering employment services to Massachusetts residents. Comparable as the broader state-level public workforce system in which Commonwealth Corporation operates and through which it delivers programs.
  • Goodwill Industries International (Workforce Services): Large national nonprofit providing workforce development, job training, and employment services across the U.S., often for people facing barriers to employment. Comparable as a broad workforce services operator, though diversified beyond workforce development into retail fundraising.
  • U.S. Department of Labor Employment and Training Administration (ETA): Federal agency administering WIOA Title I and other federal workforce programs that fund state and local intermediaries including Massachusetts. Comparable as the overarching public-sector authority whose programs and funding flow through entities like Commonwealth Corporation.

Regional players

  • Worksystems Inc. Portland-metro area workforce development board acting as a regional intermediary administering public and private workforce funds. Comparable as a regional workforce intermediary with similar functions but operating in Oregon rather than Massachusetts.
  • Towards Employment: Cleveland-based nonprofit providing workforce development for individuals facing employment barriers, including re-entry populations. Comparable in serving re-entry and barriered populations but operating primarily in Northeast Ohio rather than Massachusetts.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Commonwealth Corporation social profiles

Digital presence

Commonwealth Corporation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Commonwealth Corporation leadership team

Management profile

Number of profiles

Profiles10 records

Commonwealth Corporation subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Commonwealth Corporation funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Commonwealth Corporation M&A and investment

M&A and investment

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Commonwealth Corporation

What does Commonwealth Corporation do?

Commonwealth Corporation is a Massachusetts quasi-public workforce development agency that administers state and federal workforce grants and manages training programs for businesses, job seekers, youth, and priority populations. It operates programs such as the Workforce Training Fund Program (WTFP), Workforce Competitiveness Trust Fund (WCTF), Career Technical Initiative, YouthWorks, and Skill Up, partnering with MassHire Workforce Boards, vocational schools, and employers across the state.

Is Commonwealth Corporation a public or private company?

Commonwealth Corporation is a private company. It is classified as state government owned and is currently operating.

When was Commonwealth Corporation founded?

Commonwealth Corporation was founded in 1996. It employs 101 to 250 people.

Where is Commonwealth Corporation based?

Commonwealth Corporation is headquartered in Boston, United States, in the North America region.

How does Commonwealth Corporation make money?

Four revenue lines are on record. State Government Appropriations are the primary driver. The others are workforce Training Fund, workforce Competitiveness Trust Fund and career Technical Initiative Funding.

Who are Commonwealth Corporation's main competitors?

Direct peers on record are Jobs for the Future (JFF), National Fund for Workforce Solutions, Chicago Cook Workforce Partnership, Year Up and Per Scholas. Broad incumbents are Massachusetts Department of Career Services (DCS / MassHire), Goodwill Industries International (Workforce Services) and U.S. Department of Labor Employment and Training Administration (ETA). Regional players are Worksystems Inc. and Towards Employment.

Does Commonwealth Corporation have an API?

No public API is recorded for Commonwealth Corporation.

What industry is Commonwealth Corporation in?

Commonwealth Corporation's product category is Workforce Development Services. Its primary akta.pro industry code is BPAIABAN, State/Provincial Labor, Employment Standards & Workforce Development Administration, with a secondary code of BPAGADAF, Workforce Readiness, Career Pathways & Youth Employment Nonprofits. Its NAICS code is 9231 and its SIC code is 7361.

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Live signals
Mass.govHealey-Driscoll Administration Awards $900,000 to Help Young Adults with Disabilities Prepare for EmploymentThe Healey-Driscoll Administration announced $900,000 in grant funding for six organizations across Massachusetts to provide job training, employment placement, and post-placement services for 116 young adults with disabilities, with programs spanning industries including food service, child care, healthcare, and retail. The grants, administered by Commonwealth Corporation, will fund training leading to certifications such as ServSafe, CPR, and First Aid, along with paid internships and job placement support. Since 2023, the administration has awarded a total of $2,715,625 in such grants, projected to serve over 360 individuals with disabilities across the state.EIN PresswireHealey-Driscoll Administration Awards $24.2 Million to Expand Career Technical Training Opportunities for 2,500 JobseekersThe Healey-Driscoll Administration awarded $24.2 million in Career Technical Initiative grants to 23 organizations to train approximately 2,490 individuals for careers in trades, construction, and manufacturing sectors across Massachusetts. The program, administered by Commonwealth Corporation in partnership with over 180 employers, targets adult learners from underserved populations and represents the tenth cohort since 2023, bringing total CTI grants since 2023 to $53 million. To date, over 4,400 participants have received training with over 2,360 securing employment through this initiative.