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Economic Stimulus Programs

Program Fact Sheet

Bullet Image Massachusetts Technology Transfer Center (MTTC)

Technical assistance and small grants to support academic researchers and industry executives in the transfer and commercialization of new technologies. Administrative support also provided to the Massachusetts Association of Technology Transfer Offices (MATTO)
(Created under the 2003 Economic Stimulus Bill, c.141 of the Acts of 2003, s.30. Recapitalized under the 2006 Economic Stimulus Bill, c. 141 of the Acts of 2006, s. 105.)

Total appropriated under 2003 Economic Stimulus Bill- $1,900,000

Total appropriated under 2006 Economic Stimulus Bill- $2,500,000

University of Massachusetts (UMASS)


Fiscal year of event or grant Partnering/ Investment forums Attendance at Partnering/ Investment forums Seminars on tech transfer and company formation Number of persons offered technical assistance

MATTO Events

Grant(s)/ recipient(s) Grant amount(s) approved Technology type
Totals 11 2,336 10 182 9   $1,525,000  
 
2005 Early Stage Life Sciences Conference, April 2005

15 early stage companies and technologies from 11 institutions presented to a total of 205 investors, corporate scientists, and researchers.

Sponsors:
Deloitte & Touche, LLP; MATTO, MBC; Nutter McClennen & Fish, LLP

UMASS Amherst, April 2005

 

 

40

Coaching for faculty/ researchers, assistance to first time entrepreneurs in developing business plans and performing market analysis, introductions to investors

An Economic Development View of Tech Transfer, February 2005 First Round

$25,000 Technology Investigation Awards:

Edward Clancy, WPI

 

 

 

$25,000

Bio-medical technology:

Mixed signal integrated circuit
prototype for medical equipment

2005     UMASS Lowell, April 2005     Krishna Kumar, Tufts University $25,000

Bio-medical
technology:

Stabilization of peptide drugs

2005     Harvard Medical School, June 2005     Trudy Morrison, UMASS Med School $25,000

Bio-medical
technology:

Development of vaccine for Newcastle Disease

2005           Karsten Theis, UMASS Amherst $25,000 Nano-
technology:
Development of new vapor diffusion technology for nano-crystals
2005           Conrad Wall, Mass Eye and Ear Infirmary $25,000 Medical technology:
Development of a wearable balance prosthesis

 

 

 

2005          

$5,000 Technology assessment awards to 5 researchers

$25,000

1 Software;

3 Biomedical techology; 1 Electronics

Subtotals

FY 2005

1 205 3 40 1   $150,000  
Fiscal year of event or grant Partnering/ Investment forums Attendance at Partnering/ Investment forums Seminars on tech transfer and company formation Number of persons offered technical assistance

MATTO Events

Grant(s)/ recipient(s) Grant amount(s) approved Technology type
Totals 11 2,336 10 182 9   $1,525,000  
2006

Conference on Clean Energy, November 2005

23 early stage companies and technologies presented to a total of 244 investors, corporate scientists and researchers

Sponsors:

UK Trade and Investment; Massachusetts Technology Collaborative Renewable Energy Trust; Ruberto, Israel & Weiner, P.C.; Heslin Rothenberg Farley & Mesiti P.C.; Decent Energy Cambridge Clean Energy Incubator; Nixon Peabody, LLP

Worcester Polytechnic Institute, October 2005





142 Biomedical Research: Merk vs. Integra, July 2005



 






Second Round

$25,000 Technology Investigation Awards:

Martha Murray, Children's Hospital

 

 

 

$25,000

Medical devices:
Development of an arthroscopic delivery device for ACL surgery
2006 Nanotech Commer-
cialization Conference,  December 2005
15 early stage companies and technologies presented to a total of 134 investors, corporate scientists and researchers

Sponsors:

Agilent Technologies Inc.; Fish & Richardson P.C.; Nixon Peabody LLP

UMASS Dartmouth, October 2005   Microfluidics: Industry Perspective, September 2005 Manish J. Butte, Harvard University; and Arlene Sharpe, Children's Hospital $25,000 Bio-medical technology:
Development of microfluidic early detection device for Severe Combined Immune Deficiency

 

 

 

 

 

2006 Early Stage Life Sciences Technology Conference, May 2006 10 companies presented 8 technologies to a total of 115 attendees, including 25 investors and corporate partners

Sponsors:
DLA Piper Rudnick Gray Cary US, LLP; Deloitte & Touche, LLP; Mass Bio-
technology Council; Nutter McClennen & Fish, LLP
UMASS Lowell, February 2006   Genzyme lunch, September  2005 Michael Rohan, Perry F. Renshaw, and David J. Glass, McLean Hospital $25,000 Medical technology:
Clinical testing of treatment of depression with magnetic fields
2006 Ocean Science and Technology Conference, May 2006 2 companies presented 14 technologies to 188 attendees, including 42 investors

Sponsors:
Raytheon Company; Ropes & Gray, LLP; Schlumberger; Shell Explor-
ation & Production Company; Teledyne Benthos, Inc.; SouthCoast Massachusetts

Harvard Medical School, April 2006
  Using Students to do Market Research, Panel Discussion, September 2005 K. Kempa, Boston College $25,000 Nano-
technology:
Development of coaxlial nano-optics for signal processing and solar energy harvesting
2006         Open Source Software Seminar, February 2006 Srikanth Gopalan, Boston University $25,000 Fuel cell technology:
Development of a membrane-
based technology for fuel cells
2006         Legal Update for Case Managers, June 2006 $5,000 Technology Assessment Awards to 5 researchers
$25,000

1 Bio-technology; 1 Chemical engineering; 1Medical electronics; 1 Medical technology; 1 Communic-

tions technology

Subtotals FY 2006 4 681 4 142 6   $150,000  
Fiscal year of event or grant Partnering/ Investment forums Attendance at Partnering/ Investment forums Seminars on tech transfer and company formation Number of persons offered technical assistance

MATTO Events

Grant(s)/ recipient(s) Grant amount(s) approved Technology type
Totals 11 2,336 10 182 9   $1,525,000  

 

 

 

 

2007           Third Round

$25,000 Technology Investigation Awards:

Volkmar Weissig, and Vladimir P. Torchilin, Northeastern University

$25,000

Bio-medical technology:

Anti-cancer drug delivery system

2007           Miles G. Cunningham,  McLean Hospital, Harvard Medical School $25,000

Medical devices:

Intra-
cerebral micro-
injection instrument

2007           David Ryan, Professor of Chemistry, and Dr. Dan Golomb, UMass Lowell $25,000 Chemical engineering:
Emulsions of carbon dioxide and water
2007           Shan Lu, UMass Medical School $25,000 Bio-medical technology:
Flu DNA vaccine research
2007           Patricia Bianconi, UMass Amherst $25,000 Nano-
technology:
Fabrication of diamonds and diamond carbon materials
2007           $5,000 Technology Assessment Awards to 4 researchers

 

$20,000 1 Chemical engineering; 1 Bio-technology; 1 Solar technology; 1 Robotic technology
2007 Microfluidics Technology Fair, October 2006 ** companies presented 8 technologies to 65 attendees, including 20 investors and corporate partners UMass Amherst, September  2006




** Merck Seminar and Reception for MATTO Members, September 2006

Fourth round

Technology Investigation Awards:

Gerald Fink, MIT

 

 

 

$40.000

Bio-medical technology:

In-vivo verification of an Immuno-

stimulantto fight fungal bacterial infections

 

 

 

 

 

2007 Conference on Clean Energy, November 2006 23 companies presented 4 technologies to 500 attendees, including 44 investors and corporate partners

Sponsors:

Massachusetts Technology Collaborative Renewable Energy Trust; Foley Hoag, LLP; Classic Communications; BASEA; Investors Circle; NESEA
UMass Dartmouth, October 2006   UMass Survey on Industry-
Sponsored Research,
November 2006

Ernest Terwilliger, Beth Israel Deaconess Medical Center

$40,000

Bio-medical technology:

Gene therapy to repair damaged articular cartilage

2007 Nanotech Investors Forum, December 2006 7 companies presented 10 technologies to 118 attendees, including 20 investors and corporate partners

Sponsor:

Fish & Richardson, P.C.
Worcester Polytechnic Institute, November 2006    

Om Parkash,

UMass Amherst

$40,000

Bio-technology:

Development of arsenic-free rice with enhanced yield

2007 Early Stage Life Sciences Technology Conference, March 2007 9 companies presented 6 technologies to a total of 142 attendees, including 29 investors and corporate partners

Sponsors:
Deloitte & Touche, LLP; Mass Bio-
technology Council; Nutter McClennen & Fish, LLP
     

Henry Querfurth, Tufts University

$40,000

 

Medical technology:

Development of a non-invasive intercranial pressure monitor for use in stroke and head injury

           

Pedro del Nido,

Children’s Hospital Boston

$40,000

Medical technology:

Development  of video-assisted cardioscopy port for heart surgery

           

Rick Rogers,

Harvard School of Public Health

$40,000

Medical technology:

Development of device for protection of hearing from sudden increases in sound energy

           

Samson Mil’shtein,

UMass Lowell

$40,000

High technology:

Commercialization of high performance constant transconductance transistor design

 

 

 

 

           

Arthur Watterson,

UMass. Lowell

$40,000

Bio-technology:

Biocatalytic synthesis of novel materials for flame retardant applications

           

Robert Chen,

UMass. Boston

$40,000

Bio-technology:

Development of coastal bacterial sensor network

           

Neil Heffernan,

Worcester Polytechnic Institute

$40,000

Education technology:

Development of a scaled-up web-based Formative Assessment System

Subtotals FY 2007 4 825 3 ** 2   $545,000  
Fiscal year of event or grant Partnering/ Investment forums Attendance at Partnering/ Investment forums Seminars on tech transfer and company formation Number of persons offered technical assistance

MATTO Events

Grant(s)/ recipient(s) Grant amount(s) approved Technology type
Totals 11 2,336 10 182 9   $1,525,000  
2008 Conference on Clean Energy, October 2007 20 companies presented technologies to 525 attendees, including 103 investors and corporate partners

Sponsors:

Foley Hoag LLP; Massachusetts Technology Collaborative Renewable Energy Trust; Constellation NewEnergy; Braemar Energy Ventures II; Hamilton Brook Smith Reynolds; UK Trade&Investment; Flagship Ventures; Hinckley, Allen & Snyder LLP; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.; Silicon Valley Bank; SouthCoast Development Partnership; NSTAR Electric; BASEA; Classic Communications; Clean Power; MTLC; Renewable Energy Access
     

Fifth round

$40,000 Technology Investigation Awards:

Yandong Jiang, Mass. General Hospital

$40,000

Medical technology:

Device for treatment of chronic respiratory failure

 

 

 

2008

Nanotech Investors Forum, December 2007

7 companies presented 7 technologies to 100 attendees, including 17 investors and corporate partners

Sponsor:

Fish & Richardson, P.C.
     

John V. Frangioni, Beth Israel Deaconess Medical Center, Harvard Medical School

 

$40,000

Medical techology:

Handheld imaging system for surgery

           

Farhad Imam, Children's Hospital

 

$40,000

Medical techology:

Light-based intravenous catheter

            Scott Gallagher, Woods Hole Oceanographic Institution $40,000

Bio-

technology:

Testing Swimming Behavior Spectrometer for detecting water-borne toxins

           

Roger Laham,

Beth Israel Deaconess Medical Center, Harvard Medical School

$40,000

Bio-medical technology:

Development of aortic heart valve

           

Sangeeta Bhatia, MIT

$40,000

Nano-technology:

Development of microscale engineered liver tissues for drug discovery and development

           

Donald O'Malley,

Northeastern University

$40,000

Educational technology:

Development of "digital maze games"

            Lars Oddsson, Boston University $40,000

Medical technology:

Development and testing of wearable fall-prevention device

           

Sixth round

$40,000 Technology Investigation Awards:

Carmen Barnes, Children's Hospital

$40,000

Bio-medical techology:

Development of a specific antibody to prevent complications and disease in premature births

            Robert N. Hanson, Northeastern University $40,000

Bio-medical technolgy:

Development of a non-surgical, hormonal method for diagnosing breast cancer

 

 

 

            Paul B. Yu, Mass. General Hospital $40,000

Bio-medical technology:

Study of the causes of calcific vascular disease

            Vladimir Torchilin, Northeastern University $40,000

Bio-pharma-

ceutical technology:

Developing technologies for stablizing solutions of chemotherapy drugs

            T.F. Morse, Boston University $40,000

Nano-techology:

Developing the use of nanoparticles in X-ray technology

            Louis Goodman, UMass. Dartmouth $40,000

Marine technology:

Development of a new, low-cost platform for performing ocean measurements

            Gregory J. Kowalski, Northeastern University; and Dale N. Larson, Charles Stark Draper Laboratory $40,000

Bio-pharma-

ceuticl technology:

Development of a Photonic Chip-Scale BioCalorimeter

            Peter R. Girguis, Harvard University $40,000

Bio-technology:

Development of microbial fuel cells as an alternative to batteries

            Jie Song, UMass. Medical School $40,000

Bio-medical technology:

Development of "shape memory" polymers as bone substitutes

Subtotals 2008 2 625 ** ** **   $680,000  
Totals 11 2,336 10 182 9   $1,525,000  
Fiscal year of event or grant Partnering/ Investment forums Attendance at Partnering/ Investment forums Seminars on tech transfer and company formation Number of persons offered technical assistance

MATTO Events

Grant(s)/ recipient(s) Grant amount(s) approved Technology type

Note: Data involve transactions conducted from January 2004, following enactment of the 2003 Economic Stimulus Bill, to March 2008. Data are updated when provided by the administering agency.

* Not applicable     ** Not yet available      *** Not disclosed

Massachusetts Economic Assessment & Analysis Project (MEAAP)
a joint project of the John W. McCormack Graduate School of Policy Studies at UMASS Boston
and the Center for Economic and Civic Opinion at UMASS Lowell.


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