1. New State Voucher Program Promotes Industry Use of UMass System Research Facilities to Stimulate Economic Development, Innovation

    New State Voucher Program Promotes Industry Use of UMass System Research Facilities to Stimulate Economic Development, Innovation

    Advanced research laboratories and equipment across the five-campus University of Massachusetts system are being made available to start-up businesses and local companies through a new, state-funded subsidy program aimed at promoting economic growth and innovation. Created with a $2 million state investment championed by House Speaker Robert DeLeo, the Innovation Voucher Program began accepting industry applications in late March. The program is administered by MassDevelopment, the state’s economic development and finance authority.

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  1. Categories

    1. Industry Clusters:

      Aerospace/Defense, Business Development, Creative Economy, Education, Energy, Entrepreneurship, Financial Services, Green Region, Health Care, Information Technology, Life Sciences, Logistics, Manufacturing, Medical Devices, Paper Manufacturing, Plastics, Retail, Tourism, Transportation, Workforce
  2. Quotes

    1. The Innovation Voucher Program will support local companies as they seek to get off the ground, grow or modernize.
    2. Speaker DeLeo's support of this program and the university shows that he understands the important role each UMass campus plays in the ecosystem of our respective communities. He understands the importance of research and development as well as talent development within the capital city and across all corners of the Commonwealth.
  3. Topics Mentioned