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Massachusetts has an answer to the question, “How can we generate more technology entrepreneurship activity, and hence more startups and more jobs, in the commonwealth?”

The “12x12” initiative, announced today at The Nantucket Conference, matches 12 leading CEOs in Massachusetts with 12 leading venture capitalists in the state to create 12 new startups in the next year.

The initiative was co-founded by Michael Greeley, founder and general partner at Flybridge Capital Partners, and Andy Ory, founder and CEO of Acme Packet Inc, following discussions with digital technology leaders at the Tech Hub Collaborative. The two co-founders brought a few notables into the “12x12” organizing committee, including Gururaj “Desh” Deshpande, chairman of the Sparta Group; Jonathan Kraft, president of The Kraft Group; Paul Sagan, CEO of Akamai Technologies Inc.; and Steve Vinter, site director of Google Inc.

To read the full, original article click on this link: Mass. VCs, CEOs form “12x12” entrepreneur initiative - Mass High Tech Business News

Author: Mass High Tech staff