Boston mayor Thomas M. Menino told a business breakfast audience this morning that the city intends to develop 1,000 acres on the South Boston waterfront and the Marine Industrial Park into an "Innovation District," and that the venture capital firm Spencer Trask & Co. will be holding a startup competition starting in July that will award the winner $25,000 to locate a business in that part of the city.
Menino revealed the award during his keynote speech at the annual "Globe 100"
breakfast at the New England XPO for Business conference in the Boston
Convention & Exhibition Center. In addition, Menino said that
Spencer Trask would make "a standing $25,000 award" the following year
to an Innovation District business to help it grow.
To read the full, original article click on this link: Boston 'Innovation District' startups eligible for $25k awards - Daily Business Update - The Boston Globe
Author: D.C. Denison
