WORLDTECHMassachusetts grants $10.5 million to 17 manufacturers for commercialization
The Healey-Driscoll Administration of Massachusetts has announced nearly $10.5 million in grants aimed at helping advanced manufacturing firms in the state take their innovations to market. The funds, totalling $10,483,307, went to 17 manufacturers honoured at an annual event run by the administration and the Center for Advanced Manufacturing.
Seventeen grantees recognised at Gillette Stadium
The 17 companies honoured at the gathering form the latest group of grantees under the Massachusetts Manufacturing Innovation Initiative, known as M2I2. The grants were revealed at the annual Massachusetts Manufacturing Mash-Up, which the administration and the Center for Advanced Manufacturing, a division of the Massachusetts Technology Collaborative, MassTech, put on.
According to the report, thousands of manufacturers, universities, nonprofits, investors and high school students interested in trade careers attended the event at Gillette Stadium.
Programme covers electronics through robotics
According to the report, M2I2 backs companies across several fields, among them electronics, bioindustrial manufacturing and robotics. The programme is meant to close the distance between an innovation and its commercial use.
Now in its sixth year, the celebration featured a keynote from Drew Crowe, who promotes nontraditional hiring, and an AI pitch contest co-judged by Massachusetts AI Hub Director Sabrina Mansur.
Open questions
- Which individual companies received the 17 grants?
- How will the grant money be split across the M2I2 sectors?