|
|
Economic Stimulus Programs
|
| Fiscal year of grant approval |
Recipient |
Region |
Industry cluster targeted |
Grant amount(s) approved |
Grant amount(s) disbursed (1) |
Amount of funds matched or leveraged |
Purpose of grant(s) |
Parti-
icipating com- panies/
organizations |
No. of new com- panies formed or projected |
| Totals |
$1,716,819 |
$304,632 |
$2,028,224 |
|
|
** |
| |
| 2004 |
Pioneer Valley Connect |
West |
Broadband technology |
$55,000 |
$43,454 |
$400,000 |
Technical assistance for broadband applications |
Crocker Communications, BayState Medical Systems, Western New England College, Rugg Lumber, Cooley Dickinson Hospital, City of Northampton, Smith College, Amherst College, Mt. Holyoke College, Hampshire College, Lennox Saw, Franklin Regional Councils of Government, Hampshire Gazette, Town of South Hadley, Hilltown CDC |
** |
| 2005 |
The Boston History Collaborative |
Greater Boston |
Innovation Economy (2) |
$145,600 |
$107,948 |
$161,517 |
Study of Boston's 400-year history of innovation in shipping, electronics, and life sciences; share findings with MA regions as historical guide to increasing present-day innovation |
Mass. Historical Society, Northeastern University, Mass Biotech Council, Mass 2020 |
* |
|
| Fiscal year of grant approval |
Recipient |
Region |
Industry cluster targeted |
Grant amount(s) approved |
Grant amount(s) disbursed (1) |
Amount of funds matched or leveraged |
Purpose of grant(s) |
Parti-
icipating com- panies/
organizations |
No. of new com- panies formed or projected |
| Totals |
$1,716,819 |
$304,632 |
$2,028,224 |
|
|
** |
| 2005 |
Massachusetts Medical Device Industry Council
(MassMEDIC)
|
Central |
Medical devices and plastics |
$50,000 |
$39,355 |
$50,000 |
Workshops for plastics companies in the med device industry |
North Central Massachusetts Chamber of Commerce, Boston Healthcare Associates, Nypro, Inc., Dielectrics, Inc. |
* |
| 2005 |
UMass Dartmouth
Advanced Technology Manufacturing Center
|
Southeast |
Bio-technology |
$79,645 |
$45,869 |
$68,744 |
Development of a new bio-sensor for the med and marine industries |
YSI Environmental, Waters Corp., JPSA |
* |
| 2006 |
South Coast Development Partnership |
Southeast |
Marine science and technology |
$120,000 |
$17,898 |
$0 |
Marine sciences industry organi-
zational development |
SouthCoast Development Partnership,
University of Massachusetts,
City of New Bedford,
New Bedford Economic Development Council |
** |
| 2006 |
Cape Cod Technology Council |
Southeast |
Regional Innovation Economy |
$136,574 |
$11,811 |
$30,400 |
Town of Orleans free WiFi acess |
The Cape Cod Technology Council, Cape Cod Community College, Cape Cod Five Cents Savings Bank, Banknorth, The Cape Cod
Economic Development Council, The Orleans Chamber of Commerce, The Lower Cape
CDC |
* |
| 2006 |
MassINC |
Select gateway cities |
Innovation Economy |
$50,000 |
$13,297 |
$28,488 |
Develop roadmap for urban economic development in the Knowledge Economy |
Savings Bank Life Insurance, Brookings Institution; Cities of Brockton, Fall
River, Fitchburg, Haverhill, Holyoke, Lawrence, Lowell, New Bedford, Springfield, Pittsfield, Worcester |
* |
|
| Fiscal year of grant approval |
Recipient |
Region |
Industry cluster targeted |
Grant amount(s) approved |
Grant amount(s) disbursed (1) |
Amount of funds matched or leveraged |
Purpose of grant(s) |
Parti-
icipating com- panies/
organizations |
No. of new com- panies formed or projected |
| Totals |
$1,716,819 |
$304,632 |
$2,028,224 |
|
|
** |
| 2006 |
Life Sciences Initiative |
Greater Boston |
Life Sciences |
$150,000 |
$25,000 |
$250,000 |
Life sciences industry cluster development |
Boston Foundation, UMass, MTC, Harvard U., Mass Biotech Council, Med Device Industry Council, New England Health Care Institute, Boston Chamber of Commerce, MIT Center for Biomedical Innovation, The Massachusetts Technology Leadership Council |
** |
| 2006 |
Boston Redevelopment Authority |
Greater Boston |
Life Sciences |
$150,000 |
$0 |
$150,000 |
Incentive program for researchers and life sciences entrepreneurs; must be matched by $150,000 in private contributions |
Boston Redevelopment Authority (BRA),
Boston Local and Development Corporation (BLDC),
City of Boston, Department of Neighborhood Development (DND),
Genzyme Corporation,
Merck & Co.,
MPM Capital,
Boston University,
Harvard Medical School,
Massachusetts Biotech Council,
Partner’s Health Care |
** |
| 2006 |
Massachusetts Biomedical Initiatives |
Central |
Life Sciences |
$150,000 |
$0 |
$163,000 |
Development grant for a Center for Biocomputing for Life Sciences |
University of Massachusetts Medical School, Worcester State College, Clark University, Tufts University School of Veterinary Medicine, Worcester Polytechnic Institute |
** |
|
| Fiscal year of grant approval |
Recipient |
Region |
Industry cluster targeted |
Grant amount(s) approved |
Grant amount(s) disbursed (1) |
Amount of funds matched or leveraged |
Purpose of grant(s) |
Parti-
icipating com- panies/
organizations |
No. of new com- panies formed or projected |
| Totals |
$1,716,819 |
$304,632 |
$2,028,224 |
|
|
** |
| 2006 |
Berkshire Economic Development Corp. |
West |
Educational, Cultural, Artistic Knowledge Creation Sectors |
$150,000 |
$0 |
$47,625 |
Develop and begin implementation of a plan to grow the region's creative economy (examples: web design and software, interactive media and the electronic gaming industry) |
Mt. Auburn Associates, Hancock Shaker Village,
Norman Rockwell Museum,
Berkshire Visitors Bureau,
Shakespeare & Company,
Sterling & Francis Clark Art Institute,
Berkshire Museum |
* |
| 2006 |
Berkshire Economic Development Corp. |
West |
Regional Innovation Economy |
$150,000 |
$0 |
$525,500 |
Study of the region's innovation economy with recommended actions to grow the tech-based economy (information technology, industrial design) |
Economic Development Administration (EDA), Berkshire Bank, Interprint, Cain Hibbard Myers & Cook, Berkshire Chamber of Commerce, Francine and Clark Art Institiute, Mass College of Liberal Arts, City of Pittsfield, City of North Adams, BoxCarMedia, Berkshire Visitors Bureau, Berkshire Regional Employment Board |
* |
| 2006 |
Salem Partnership |
Northeast |
Creative Economy Sector (3) |
$30,000 |
$0 |
$64,700 |
Sponsorship of May 3, 2006 statewide conference: "The Innovaton Agenda: Growing the Creative Economy in Massachusetts" |
Salem Enterprise Center, Salem State College, the Massachusetts Cultural Council |
* |
|
| Fiscal year of grant approval |
Recipient |
Region |
Industry cluster targeted |
Grant amount(s) approved |
Grant amount(s) disbursed (1) |
Amount of funds matched or leveraged |
Purpose of grant(s) |
Parti-
icipating com- panies/
organizations |
No. of new com- panies formed or projected |
| Totals |
$1,716,819 |
$304,632 |
$2,028,224 |
|
|
** |
| 2006 |
REB of Hamden County |
West |
Precision Machining |
$150,000 |
$0 |
$38,250 |
Program to unite regional education providers and build a workforce pipeline for the region's precision machining companies |
Western Massachusetts Chapter of the National Tooling and
Machining Association ("WMNTMA"),
WMECO,
Regional Employment Board of Hampden County, Inc.(REB),
MASSMep,
Economic Development Corporation,
Regional Competitiveness Council,
Affiliated Chambers of Commerce,
Springfield Technical Community College,
Holyoke Community College,
Literacy Works of Hampden County |
** |
| 2006 |
Boston Digital Bridge Foundation |
Greater Boston |
Municipal WiFi Access |
$150,000 |
$0 |
$50,000 |
Study with recommendations to the mayor on providing WiFi Access throughout the City of Boston |
City of Boston, Museum of Science
Harvard University,
Northeastern University,
The Boston Foundation,
Wentworth Institute of Technology,
MIT,
Massachusetts Technology Leadership Council |
** |
| |
| Totals |
$1,716,819 |
$304,632 |
$2,028,224 |
|
|
** |
| Fiscal year of grant approval |
Recipient |
Region |
Industry cluster targeted |
Grant amount(s) approved |
Grant amount(s) disbursed (1) |
Amount of funds matched or leveraged |
Purpose of grant(s) |
Parti-
icipating com- panies/
organizations |
No. of new com- panies formed or projected |
Data involve transactions conducted from January 2004, following enactment of the 2003 Economic Stimulus Bill, to May 2006. Data are updated when provided by the administering agency.
* Not applicable ** Not yet available *** Not disclosed
Note 1: Awarded amounts represent the long-term total costs of individual projects. Grant funds are paid to recipient organizations on a cost reimbursement basis, with payments contingent upon achieving milestones and deliverables. Grant disbursements reflect an incremental invoicing schedule of grantee organizations.
Note 2: Innovation Economy industries are defined as industries that transform scientific or technical knowledge into products, processes, systems or services and fuel economic development, create wealth and generate improvements in a state's standard of living.
Note 3: The Creative Economy sector is characterized as including industrial design, web design and software, interactive media and the electronic gaming industry.
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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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