Nov 15, 2010
DOE Grant to Include North Shore InnoVentures (NSIV)
NSIV and CIVC are part of a regional consortium that is pulling together all of the cleantech incubators, and incubators that might have cleantech companies in residence. This initiative is called the Association of Cleantech Incubators of New England, or the ACTION Network for short. More information on ACTION is available at http://www.innovativeaction.org/ .
ACTION is part of a partnership in Massachusetts that was just awarded 1 of 5 Department of Energy grants to commercialize university research, and the program has been named U-Launch. The other partners include Fraunhofer's TechBridge program, the New England Clean Energy Council, and the Mass Clean Energy Center. An open call for applications has been announced, so if you know any university researchers that have technologies in the cleantech space, please point them to the program website at http://cse.fraunhofer.org/u-launch .
Through this grant program, the CIVC incubator in Lynn will be part of a network of centers that will provide physical space for startups accepted into the U-Launch program. This is a great way to support startups in the cleantech sector, it will add new companies to the North Shore business community, and it will further leverage the incubator space run by NSIV.
Members of the NSIV leadership team have been spearheading the creation of ACTION, and are were very active in the proposal that won the DOE grant -- only 5 of 50 applications were selected for this program. The North Shore community is taking a leadership role in the creation of programs that will further build the cleantech sector in Massachusetts and New England.
Posted by North Shore Technology Council