BOSTON, MA / ACCESSWIRE / December 6, 2023 / Mass Fintech Hub, a public-private partnership dedicated to making the state a global leader in fintech, has released a report that provides the first progress assessment of the Commonwealth of Massachusetts' fintech ecosystem in the years since the COVID-19 pandemic. The report was authored by KPMG LLP (KPMG) and commissioned by the Massachusetts Technology Collaborative (MassTech).
BOSTON, MA – Friday, leaders in the quantum computing community met in Boston for the 2023 Quantum Massachusetts Conference, hosted by the Innovation Institute at the Massachusetts Technology Collaborative (MassTech). In partnership with The Quantum Insider, a pioneering market intelligence group, the event brought together thought leaders, computer engineers, investors, researchers, and public officials to discuss the emerging technology, its implications for future industries, and the opportunities for expanding the quantum ecosystem in Massachusetts.
WESTBOROUGH, MASS. – The Healey-Driscoll Administration has awarded a nearly $2 million grant to Worcester Polytechnic Institute (WPI) through MassTech’s Innovation Institute to help build a cutting-edge research and development facility focused on the design, production, and understanding of autonomous systems. WPI’s new Autonomous Systems Lab will serve as a testing ground for innovative autonomous technologies that are advancing future capabilities in the automotive, transportation, healthcare, robotics, and automation and manufacturing sectors.
AMHERST, MASS. – Today, leaders from the Massachusetts Technology Collaborative (MassTech) announced a $5 million award from the Healey-Driscoll Administration to the University of Massachusetts-Amherst (UMass-Amherst) to help create an open-access additive manufacturing and design/testing facility on campus. The grant, from the Collaborative Research and Development Matching Grant Program, will augment UMass-Amherst’s capabilities in the advanced manufacturing space and increase its collaboration with universities across Massachusetts around R&D for advanced optical technologies, which have applications in biotechnology, defense, aerospace, environmental monitoring, and general electronics.
Lever welcomed friends and colleagues from across the state on Oct. 3-4 to announce the launch of The Massachusetts Founders Network (MFN), a new initiative that gives startup founders equitable access to resources that will help their companies grow.
BEDFORD — Governor Maura Healey, Lieutenant Governor Kim Driscoll, and Economic Development Secretary Yvonne Hao joined executives from the Massachusetts Technology Collaborative to announce a $2,052,767 grant to the MITRE Corporation today to create BlueTech OCEAN (Open Collaborative Experimentation and Acceleration Network), a two-year project that will boost the state’s global leadership in ocean science, marine robotics, clean energy, and other game-changing marine industries.
WESTBOROUGH, MASS. – The Healey-Driscoll Administration and MassTech have awarded Western New England University (WNE) a $1.37 million Tech and Innovation Ecosystem grant to establish an incubator that will drive innovation in financial technology or fintech. WNE’s new Springfield-based FinTech Incubator will bolster talent development in the growing tech sector, fund new, on-campus computing infrastructure for hands-on learning opportunities and allow faculty and students to work directly with private sector companies and other financial sector organizations on real-world challenges.
WESTBOROUGH, MASS. – Today, the Healey-Driscoll Administration and the Innovation Institute at MassTech announced a new award totaling $5,496,701 to UMass Lowell through MassTech’s Collaborative R&D Matching Grant Program to establish the Massachusetts Alliance for Space Technology & Sciences (MASTS), a new research hub at UMass Lowell focused on space technology. The Alliance, which is a consortium of research universities, colleges, and corporations from across the globe, will be led by UMass Lowell. The funds will support a two-year project, boosted by over $10 million in match funds from outside partners, which will enable the development of a one-stop support system for innovators working on small spacecraft.
The Innovation Institute at the MassTech Collaborative has awarded grants to three organizations to boost the development of regional startup communities. The $500,000 in grants from the Strong Entrepreneur Ecosystems program will allow the Downtown Northampton Association, the North Central Massachusetts Development Corporation, and Worcester’s Venture Forum to each drive more openness and collaboration among entrepreneurs, government, academia, nonprofits, and anchor institutions in each region, uniting organizations that welcome diverse innovators and encouraging them to start and scale companies.
LINCOLN, MASS. – Lt. Governor Karyn Polito joined executives from the Massachusetts Technology Collaborative to announce $700,722 in grants from the ‘Pathways to Scale’ program, an effort from the Commonwealth to boost tech and innovation companies emerging from the startup phase and poised for growth. The four grants will help build or expand mentorship programs statewide that support ‘scaling companies’ and aim to increase the survival rate of innovative, high-growth companies across Massachusetts.
