1. From the EDC

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    1. The EDC and the Commonwealth Host Financial Services Roundtable

      The EDC worked with the Mass Office of Business Development
      to hone the value proposition for our region and Secretary Bialecki made a
      cogent presentation to the consultants yesterday. Boston and New York are our
      top target markets because we add the advantage of management proximity to our
      core upside of a productive workforce at substantial cost savings compared to
      those markets

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      EASTHAMPTON, MA: Easthampton Savings Bank announced Bryan Delaney, age 16, junior at Easthampton High School, as their local winner in Lights, Camera, Save! – a video contest that engages young people in educating themselves and their peers about saving and using money wisely.  The American Bankers Association’s Education Foundation serves as the national sponsor of the program and selects the grand-prize winner from the videos that win at the local bank level.

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    3. Informative Session on STEP Grants Scheduled

      Eligible firms can apply for up to $10,000 for approved export activities. The list of eligible
      activities is broad and includes attendance at international trade shows,
      international business marketing, translation services, Gold Key service from
      the US Commercial Service and similar activities.

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    4. European Business Development Mission 2012

      European Business Development Mission 2012

      I spent the previous two weeks in Europe on my annual business development mission to solicit inbound investment to western Massachusetts and/or partnerships with firms in our region. I spent three days in Düsseldorf attending Medica, the largest medical device trade show in the world (over 130,000 attendees), and four days in The Netherlands. I met with executives from 22 companies in the medical device, IT, defense, diagnostics, plastics, glass and sports medicine industries, and even a producer who wants to shoot a film in Massachusetts.

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    5. Resources for Small Business Owners and Manufacturers

      Presenters from Associated Industries of Massachusetts,
      MassDevelopment, Massachusetts Office of International Trade and Investment (“MOITI”)
      and Mass MEP will describe new programs available to businesses in the
      Commonwealth on Thursday, October 25, 2012 at 4:00 in the Clarion Hotel in

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    6. Bulkley Richardson’s Office Renovations Focus on Efficiencies, Future in Springfield

      A $2 million construction project to renovate Bulkley Richardson’s flagship offices at Tower Square in Springfield is currently underway, following the execution of a new long-term lease with MassMutual, the building’s owner. Several area businesses are involved in the eight-month project to update office space capabilities and technologies and gain greater efficiencies across the law firm’s operations.

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    7. Final EDC Growth Sector Series Event Scheduled

      Please Save The Date – September 18, 2012 -- for the fourth and final installment of the EDC’s Growth Sector Series,Sustainable Manufacturing in the Plastics industry, presented by First Niagara Bank. The event will feature keynote speaker Jeff Lombard, Senior Vice President of Global Operations from Hasbro, discussing Hasbro’s approach to sustainability and how that enhances the East Longmeadow plant’s global competitiveness.

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    8. Buy Mass Event at Pratt & Whitney

      Buy Mass Event at Pratt & Whitney

      The EDC collaborated with Associated Industries ofMassachusetts (“AIM”) and the Massachusetts Office of Business Development (“MOBD”)to organize a “Buy Mass” event on Monday at Pratt & Whitney in EastHartford. Executives from Pratt’s Global Supply Chain team interviewed 13Massachusetts firms, over half of whom were from western Mass, on a search fornew suppliers. The early returns were positive from Pratt and the Mass firmsthat participated.

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    9. New Buy Mass Event Scheduled at Pratt & Whitney

      The EDC is pleased to join Associated Industries ofMassachusetts (“AIM”) and the Massachusetts Office of Business Development (“MOBD”)in announcing our next “Buy Mass” event. This is our first out-of-state event.It will be hosted by Pratt & Whitney in East Hartford on August 9.

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    10. On The Job Training Program

      The EDC would like to pass along an opportunity from Career Pointand Future Works, our two Hampden County Career Centers, both of which areactive participants in the Workforce Development group that the EDC co-hosts quarterlywith AIM. The centers announced a program that will reimburse employers 100% ofthe cost of On The Job Training. The program is running now and employers canapply. Here is a link to some more information about the program -- http://www.westernmassedc.com/onthejobtraining/-- Click on the link in the webpage to find out more and to find contactinformation for Ramona Reno, Regional Program Manager for Career ...
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    11. EDC and AIM to Co-host International Business Symposium

      EDC and AIM to Co-host International Business Symposium

      The EDC and Associated Industries of Massachusetts-International Business Council(“AIM”) will host another premier international business event in Springfieldon October 4, 2012. The symposium will focus on opportunities for trade andinvestment in developed and emerging markets. We want to thank our majorsponsors for their support – TD Bank and Hannover Messe. TD’s Chief FXStrategist, Shaun Osborne, will deliver the keynote address. Here is a link tothe invitation for more information  -- http://www.westernmassedc.com/2012internationalsymposium/-- and here is the link to register -- http://internationalbusinesssymposium.eventbrite.com/ Our previous symposium, which focused on European-North American relations,attracted trade and investment executives ...

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    12. Growth Sector Series Continues on July 17

      Here is a link to the invitation to the Medical Device event in the EDC’s GrowthSector series presented by First Niagara Bank -- http://www.westernmassedc.com/medicaldevice2012/-- The session will be held on Tuesday, July 17 from 4:00-6:30 PM at the Baystate Health Conference Center at 361 Whitney Avenue in Holyoke. Please RSVP to Karen Tetreault at 413-233-9851 or k.tetreault@westernmasssedc.com if you plan to attend. Tom Merle, General Manager and Chief Development Officer of Continuum, will provide the keynote address on The Challenges of Medical Device Development. Panelists will address the role of SME ...

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    13. Medical Device Session Announced for EDC Growth Sector Series

      Please Save The Date – July 17, 2012 -- for the third installment of the EDC’s Growth Sector Series, New Product Opportunities for the Medical Device industry, presented by First Niagara Bank.The event will feature keynote speaker Tom Merle from Continuum Advanced Systems discussing the challenges of medical device development and a panel of industry experts speaking to relevant opportunities, followed by a networking reception.

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    14. Flo Design Sonics Wins MIIP Funding

      Flo Design Sonics Wins MIIP Funding

      Governor Deval Patrick led a Massachusetts delegation toIsrael last year. One tangible result of his mission was the MassachusettsIsrael Innovation Partnership (“MIIP”), a collaboration between the IsraeliChief Scientist’s Office and three Massachusetts agencies to provide funding tosupport technology business partnerships between firms in both places. OnTuesday at the BIO convention in Boston, Governor Patrick announced the firstfour winners of the MIIP funding. One of them was Flo Design Sonics ofWilbraham, whose collaboration with TransBiodiesel Ltd. will develop viablepathways to a $3 per gallon drop-in algal biodiesel.

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    15. Consultants Forum

      I attended the Consultants Forum last week, a semi-annualconference hosted by Area Development magazine, an economic development tradepublication. The Forum features 10-12 site consultants who present on topics ofinterest to economic developers. It is a good opportunity to stay abreast ofcurrent trends in the US and globally and an important opportunity to inform(or remind) the consultants about the advantages of western Massachusetts, NewEngland’s Knowledge Corridor© and New England. While the presentations were wide-ranging, one theme emergedabove all others. Site Selection is becoming more and more about a globalcompetition for talent, whether at the PhD, college grad, community college ...
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    16. Advanced Manufacturing: The University Bridge to Innovation

      Advanced Manufacturing: The University Bridge to Innovation

      Throughout our state and region, not to mention at the national level, there's currently a strong push for job creation and investment in Advanced Manufacturing. Here in Western Massachusetts we have many globally competitive companies doing what would be considered advanced manufacturing, but even for them and for many others, climbing the value chain and adopting innovative practices and technical solutions takes resources beyond their own team. Increasingly this leads to working with universities.

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