The EC has posted more than 1,600 headlines and links on its website during the last year and made the news feed an anchor element of its home page. Visits to the website have grown more than 40% during that time, with most of the increase coming from visitors seeking news. In fact, the news feed now generates more traffic than the council’s principal website.
They cited pluses such as the economic-development tangibility of new businesses coming here to be around the computing center, the uniqueness of Holyoke being home to such a venture, and the prestige of being linked to center partners such as Harvard University.
Allan W. Blair, president and chief executive officer of the Economic Development Council of Western Massachusetts, said attracting those spin-offs will be challenging because its power can be accessed from afar. But that can be overcome by selling the same assets that lured the center to Holyoke in the first place, especially the city’s abundance of hydroelectric power.
Nakosteen said Massachusetts did well because of its mix of industries. Large numbers of high-technology companies, institutions of higher education and health-care facilities did well in April, May and June. The computer and information technology segments of the economy have recovered faster than expected, he said.
Atalasoft, Inc., provider of .NET Imaging SDKs and a universal viewer for SharePoint, today announced record revenues and strong growth across all product lines in the first half of 2010. Atalasoft's second quarter 2010 sales figures were the best in the company's 8-year history, up over 56% from 2009 with first half of 2010 year-to-date sales 36% higher than 2009.
Massachusetts received $45.5 million in federal stimulus funds to expand broadband access across the western part of the state. Using that money, the MassBroadband 123 Initiative will build a high-capacity, fiber-optic network in the center of each of the 123 unconnected and underconnected communities
U.S. Commerce Secretary Gary Locke joined Gov. Deval L. Patrick and three members of the Massachusetts congressional delegation to herald the plan that will bring high speed Internet access to one million households and 50,000 businesses in central and Western Massachusetts.
“This is a big funding deal,” said U.S. Rep. Richard E. Neal, D-Springfield, in a polite paraphrase of a remark made by Vice President Joseph Biden earlier this year.
ISO New England will use the stimulus-funded grant for its three-year, $18 million project that installs smart-grid devices to measure electricity performances and detect problems on the system faster.
The most expensive project for a specific area will be for western Massachusetts. A $74.3 million effort will lay down more than 1,300 miles of new fiber optic cable. More than 1 million people stand to benefit from the new high speed network, the White House said. The quasi-public Massachusetts Technology Cooperative, which said in its latest annual report that it had been "aggressively pursuing" federal funds, will put up $26.2 million and the government will provide $45.4 million in grants and loans.
Every town that offered voters the option of taking part in a Western Massachusetts broadband initiative approved the idea, sending advocates into the next stage of development. The next step is to form a non-profit to plan and build a fiber optic network in all the region's unserved or underserved towns. And with all 47 towns on board, the real work begins in earnest, with no delay.
The university has received $368,000 in emergency planning grants from the state and federal governments, and some of that money will pay for two trailers full of sheltering supplies to serve at least 600 people.
Marla Michel and Ira Rubenzahl were trying — but not ultimately succeeding — in their efforts to come up with a single word to describe what they’re doing with the Scibelli Enterprise Center in the Technology Park at Springfield Technical Community College.
"Cisco's decision to locate its Mobile Internet Technology Group headquarters in Massachusetts is a victory for our economy and further proof that the Commonwealth is on the mend and on the move. Our successful collaboration with Cisco significantly strengthens our innovation industry. I look forward to the many opportunities our continued partnership will lead to."
The Patrick administration on Wednesday awarded $20 million in grants to 39 financially struggling hospitals and community health centers, including about $8 million to health care facilities in Western Massachusetts.