1. Articles from Boston.com

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    1. Without warning, job training company shuts down programs across Massachusetts

      A company offering certification in the medical and information technology industries has closed its locations in Massachusetts without warning, leaving hundreds of students uncertain about their future, state officials and students said on Wednesday night. The state Division of Professional Licensure said in a message posted to its website that the agency learned on Wednesday that the American Career Institute had closed its locations in Braintree, Cambridge, Framingham, Springfield, and Woburn.

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      Mentions: Springfield
    2. MTDC adopts new name, MassVentures, and will parcel out $14 million in new grants and investments

      The state's venture capital arm, the Massachusetts Technology Development Corporation, is announcing at an event tonight that it will adopt a new name: MassVentures. Bird has also scraped together $14 million in new funds to invest in tech startups. Much of it comes from money that MassDevelopment, the state's economic development agency, has asked MassVentures to manage. About $3 million comes from liquidity events in MassVentures' prior portfolio companies, Bird says, and another $6 million comes from the state's new START program, announced earlier this year.

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      Mentions: MassDevelopment
    3. State recovery in jeopardy as stimulus funds dry up - The Boston Globe

      “The stimulus has been profoundly important for our economy,’’ said Gregory Bialecki, Patrick’s secretary of housing and economic development. “And that’s not just because we were able to keep a lot of people working. It’s also because we were able to set the table for a lot of substantial projects.’’
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    4. Mass. officials unveil life sciences partnerships

      Under the agreement, three participating state agencies -- the Massachusetts Life Sciences Center, the Massachusetts Technology Collaborative, and the Massachusetts Clean Energy Center -- will be committing nearly $1 million to projects with an Israeli partner that has yet to be chosen. Israel will provide up to $1 million in matching funds for the projects. Massachusetts is the first US state to enter into such an agreement with Israel, which has large life sciences and technology sectors.
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    5. Embattled UMass chancellor demands inquiry into leak - The Boston Globe

      In a highly unusual three-page letter to the University of Massachusetts president, Robert Holub uses strong language to denounce the evaluation committee’s failure to keep its work confidential, according to two people who have seen the letter. In the letter, he argues that he has become a victim of a poisonous political atmosphere that plagues the university system.
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    6. Japan Airlines sets Hub-Tokyo service - The Boston Globe

      “Our counterparts in Tokyo understand the value of a direct flight that will connect them to our growing health care, biotechnology, telecommunications, and advance technologies industries, and to our prestigious colleges and research universities,’’ Governor Deval Patrick said yesterday in a statement. “This is an invaluable economic partnership for the Commonwealth, and we look forward to the increased tourism, commerce, and economic development with Japan that it will bring.’’
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    7. New MassDevelopment head named

      The Patrick administration has tapped Marty Jones, a longtime local commercial real estate executive, to run one of the state’s leading economic development agencies. Jones is currently president of Corcoran Jennison Cos. in Boston. Her selection as chief executive of Massachusetts Development Finance Agency is one of the major moves by the governor to exert more control over the state’s far-flung quasipublic agencies.
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    8. Putting money where jobs are

      Putting money where jobs are
      In 2010 Massachusetts awarded state tax credits to just 25 companies under its flagship Economic Development Incentive Program — down from 65 the year before. The incentives were originally intended to provide companies a combination of a state investment tax credit and local property tax break in exchange for building new or additional facilities in beleaguered parts of the state
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    9. Mobility means more vigor for state’s gateway cities - The Boston Globe

      Springfield’s Union Station has been boarded up for 38 years, but a planned refurbishing of the building as a commuter rail, Amtrak, and regional bus center could dramatically increase the possibilities for that city. The $70 million project — which is still at least $20 million short in financing — would turn the city into a hub for high-speed rail service between Vermont and New York. With 28 trips through that “knowledge corridor’’ every day, under a $121 million expansion funded through President Obama’s rail initiative, Springfield would suddenly become a lower-cost alternative for office work that might otherwise be ...
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    10. Canadian officials want to be aboard if high-speed rail takes off in Northeast

      Amtrak’s long-term vision dovetails with President Obama’s interest in high-speed rail as a 21st-century answer to the Eisenhower-era interstate system. Obama touched on the subject in his last State of the Union address and released $8 billion in federal stimulus dollars for rail that same month. Part of those stimulus funds provided a down payment on true high-speed rail lines and part funded not-quite-as-fast-but-shovel-ready connections between cities, including a rerouting of Amtrak’s Vermonter line (New York City to St. Albans, Vt.) over a faster, more direct route through Western Massachusetts.
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      Mentions: Amtrak
    11. Health care, job engine for state, is pulling back

      Over the long term, analysts say, the demand for health services and workers is almost certain to grow as aging baby boomers leave the workforce and need more care. For example, Baystate Health of Springfield, which employs more than 10,000 across its Western Massachusetts system, estimates it will need to hire about 15,000 people over the next 10 years to replace retiring workers and meet increased demand, said Jean Jackson, Baystate’s vice president of workforce planning.
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      Mentions: Springfield
    1-24 of 57 1 2 3 »
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