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GE gives UConn $7.5M for research, professorship
Explore Mass High Tech Business News (Oct 11 2012)
The University of Connecticut (UConn) will receive $7.5 million in a five-year investment from GE (NYSE: GE) designed to spur innovation in new electrical distribution technology in the Nutmeg State.
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Comment Mentions: Connecticut University of Massachusetts University of Connecticut
Raytheon nabs two Phase 2 Navy contracts
Explore Mass High Tech Business News (Oct 10 2012)
Waltham-based Raytheon Company (NYSE: RTN) has received two Phase 2 contracts from the Office of Naval Research to develop a new power distribution system to improve fuel efficiency and enable ship and submarine systems to tap more power as needed.
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Comment Mentions: University of Massachusetts Raytheon Co. Sikorsky
Vaxxas sets up shop in Cambridge, names CEO
Explore Mass High Tech Business News (Oct 9 2012)
Australian biotech Vaxxas Inc., which is focused on a device to deliver vaccines just beneath the skin, on Tuesday said that it set up corporate offices in Cambridge, named its first CEO and announced its first partnership with a major pharmaceutical company.
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Comment Mentions: Boston Scientific
MassChallenge 2012 names 'final 26' startup teams
Explore Mass High Tech Business News (Oct 5 2012) Massachusetts News
Boston startup accelerator MassChallenge on Friday named its "final 26" startup teams for 2012, which will compete for $1.1 million in cash prizes during the program's final ceremony Oct. 23.
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Comment Mentions: MIT Maine MassChallenge
Groups partner to spur Maine innovation economy
Explore Mass High Tech Business News (Oct 3 2012) Maine News
Blackstone Accelerates Growth has had an ambitious long-term goal of adding 10,000 skilled jobs and $664 million in revenues to the Maine economy in the next decade, and now it’s created one more way to reach that goal.
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Comment Mentions: Maine University of Maine Maine Technology Institute
US Bio, Akrivis become first few biotechs in Salem
Explore Mass High Tech Business News (Oct 1 2012) Massachusetts News
Halloween may be several weeks away, but the city of Salem has already received one treat this year: two new biotech companies.
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Comment Mentions: Connecticut Massachusetts MIT
RI startup converts Facebooks pages to websites
Explore Mass High Tech Business News (Oct 1 2012) Rhode Island News
Providence, R.I. startup TouchVu Inc. pivoted from a mobile website firm to a software company that works with small businesses, independent contractors and other companies to turn their Facebook business page into a website. TouchVu Founder and CEO Satish Boppana told a crowded audience of potential partners, customers and investors how his firm will turn a Facebook page into an attractive website for small businesses in a matter of minutes.
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Comment Mentions: Rhode Island
Continuum relocates headquarters in Boston
Explore Mass High Tech Business News (Sep 12 2012) Massachusetts News
Remote monitoring and management service company Continuum Managed Services LLC has opened its world headquarters in Boston. The opening of the new 14,000-square-foot downtown facility at 100 Summer St. in Boston was based on Continuum’s expansion plans in product and services and its demand for managed services.
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Four of the world’s top biotechs are in New England
Explore Mass High Tech Business News (Aug 29 2012) Connecticut News , Massachusetts News
A new list of the world’s top 25 biotechnology companies, by market cap, includes four from New England. The list, compiled by Genetic Engineering and Biotechnology News, also includes companies from New England, California, India, Germany, Ireland and Switzerland.
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Comment Mentions: Vertex Pharmaceuticals Genzyme Corp. Alexion Pharmaceuticals
RI tech brings patient-cooling suit to BioTuesday
Explore Mass High Tech Business News (Aug 23 2012) Rhode Island News
Rhode Island technology industry assocation Tech Collective has been hosting its life sciences/biotechnology networking event, BioTuesday, at local bio businesses since 2009, and next month’s event may be the group’s coolest yet. The group has tapped University of Rhode Island’s William Ohley to talk about his invention, a cooling suit used on patients who have had a heart attack.
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Comment Mentions: Rhode Island University of Rhode Island
Conn. tech program gets $1M to help manufacturers
Explore Mass High Tech Business News (Aug 16 2012)
The Connecticut State Technology Extension Program (CONNSTEP) received $1 million in July to help boost the growth, employment, and operating efficiencies of the states manufacturing industry.
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Comment Mentions: Connecticut
UMass researcher gets $1M photonics grant
Explore Mass High Tech Business News (Aug 16 2012) Massachusetts News
The Department of the Air Force has invested $1 million in microwave photonics research being conducted by Yifei Li, a professor at UMass Dartmouth. Li, who has been at UMass for five years studying the field and has four U.S. patents in the area of radio frequency and photonics, is in the midst of researching a photonic approach to overcome the limitation of information that can be relayed between two points.
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Comment Mentions: MIT University of Massachusetts
UMass professor uses NSF award to improve search
Explore Mass High Tech Business News (Aug 13 2012)
University of Massachusetts Lowell professor Tingjian Ge was awarded a grant by the National Science Foundation to fund two technology research projects focusing on improving the reliability of database search results that involve “uncertain data” - data defined as information that is incomplete or variant because of flaws during data collection.
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Comment Mentions: University of Massachusetts
Vermont Tech to create biomass facility
Explore Mass High Tech Business News (Jul 6 2012) Vermont News
Vermont Technical College has teamed up with Quebec manufacturer Bio-Methatech to install a system that uses microorganisms to break down biodegradable material to manage waste and create energy on the college’s farm.
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Avid to cut workforce by 360, sell consumer biz
Explore Mass High Tech Business News (Jul 2 2012) Massachusetts News
Burlington-based Avid Technology Inc. (Nasdaq: AVID) will announce in a noon conference call with investors Monday that it’s cutting its workforce by 20 percent, or 360 employees, through layoffs as well as the sale of its consumer audio and video businesses, in a $91 million deal to two other businesses.
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Comment Mentions: Rhode Island
RI hires Station fire firm to study 38 Studios deal
Explore Mass High Tech Business News (Jun 27 2012) Rhode Island News
The Rhode Island Economic Development Corp. has hired Wistow & Barylick to determine whether the state can recover any of the $75 million loaned to the now defunct 38 Studios.
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Comment Mentions: Rhode Island Rhode Island Economic Development Corporation Lincoln Chafee
Kennedy Biomedical Fund announced at BIO conference
Explore Mass High Tech Business News (Jun 21 2012) Massachusetts News
At a luncheon this week, BIO executives announced the formation of an Edward M. Kennedy biomedical fund.
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Comment Mentions: Genzyme Corp.
Bio coalition formed to spur workforce development
Explore Mass High Tech Business News (Jun 20 2012) Massachusetts News
The Massachusetts Biotech Education Foundation, a non-profit that supports biotech and science education in the Bay State and the education arm of life sciences industry organization MassBio, has joined 40 other biotech-focused organizations to form a coalition to spur workforce development, education and entrepreneurship in the United States.
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Comment Mentions: Massachusetts Biotechnology Council
Four companies to get $1.3M in Mass.-Israel grants
Explore Mass High Tech Business News (Jun 20 2012) Massachusetts News
Four Massachusetts companies were awarded a total of $1.3 million collaboration grants from the Massachusetts-Israel Innovation Partnership that was formed last year.
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Comment Mentions: Massachusetts Deval L. Patrick Massachusetts Life Sciences Center
Two Mass. scientists win $100K prize from J&J
Explore Mass High Tech Business News (Jun 19 2012) Massachusetts News
Two Massachusetts researchers will be awarded the 2012 Dr. Paul Janssen Award for Biomedical Research from Johnson & Johnson, the company announced Tuesday at the BIO International Convention in Boston.
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Comment Mentions: Massachusetts University of Massachusetts Harvard
Bio international convention will boast 15K participants
Explore Mass High Tech Business News (Jun 15 2012) Massachusetts News
When the BIO international convention swings into town Monday, it will boast more than 15,000 participants, including company executives and government officials from 65 countries.
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UMass to boost minority students in science, tech
Explore Mass High Tech Business News (Jun 12 2012) Massachusetts News
Raytheon and other technology companies are supporting an initiative announced Monday by UMass President Robert Caret to boost the number of underrepresented minority students graduating with science, technology, engineering and mathematics degrees from the University of Massachusetts and the state’s 15 community colleges.
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Comment Mentions: University of Massachusetts Raytheon Co. Robert L. Caret
MIT gets $1M manufacturing process grant
Explore Mass High Tech Business News (Jun 12 2012) Massachusetts News
MIT has received a $1 million grant from the U.S. Department of Energy to develop what it says is a cutting-edge manufacturing process that will save companies money by reducing the energy required in their operations, according to an announcement from the DOE.
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Maine Standards to move to Cumberland, add staff
Explore Mass High Tech Business News (Jun 6 2012) Maine News
Maine Standards Company will construct a $3 million to $5 million facility in Cumberland, Maine. Founded in 2001, the developer of lab equipment calibration products got the go-ahead from the Cumberland Planning Board to build a new 33,000-square-foot facility, The Portland Press Herald reports.
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