Today's News
March 17, 2010

Babson's Rice joins WPI as first-ever academic dean

Worcester Polytechnic Institute has a new dean of business in former Babson College dean Mark P. Rice, who will be succeeding McRae Banks, who has led WPI’s Department of Management for the past 15 years.

IBM launches business plan competition in Boston

IBM Corp. today announced the launch in Boston of a startup business-plan competition, in which the company will look to partner with five Boston-area technology companies with less than $1 million in revenue.

Covidien plans buyback of up to $1 billion

Irish medical device maker Covidien PLC, which has its U.S. headquarters in Mansfield, announced today that its board of directors approved a plan to buy back up to $1 billion of the company’s stock, based on market conditions.

Alkermes launches Phase 1 trial for chronic pain drug candidate

Alkermes Inc. has launched an early stage drug trial for a potential treatment, ALKS 37, for side effects of opiod use for patients will chronic pain.

Cambridge Heart reduces salaries, eliminates board fees

The Cambridge company said the affected employees and directors have been awarded stock options to make up for the direct-pay cuts.

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CustomMade Ventures

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Founded: 2008
The Pitch: CustomMade is looking for an investment of $750,000 to $1 million to upgrade its site, hire employees and ramp up marketing.
 

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    Boston World Partnerships pumped 200 new jobs into city

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    Boston World Partnerships celebrated its one year anniversary last night at the Liberty Hotel, releasing data showing that it is responsible for creating 200 new jobs in Boston and retaining 115 jobs, resulting in an economic impact of $38 million in statewide spending.

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    Women to Watch 2010

    Mass High Tech’s Women to Watch program honors 10 New England-based women each year who are leading the way in entrepreneurship, technological innovation and lifelong learning.

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    High Tech All-Stars Celebrate the Mass High Tech All Stars

    Each year, Mass High Tech honors the New England tech industry’s pioneers and leaders from such sectors as: Advanced Energy, Biotech, Electronics, Hardware, Internet, Medical Devices, Software and Telecommunications. We also recognize those in support services who make it possible for entrepreneurship to thrive in the region, including lawyers, financiers, educators, public policy makers and association representatives.

    Almost 400 members of the innovation community gathered at the Boston Park Plaza Hotel to honor the 2009 MHT All-Stars. You can read the profiles of the 15 honorees and past recipients, and learn more about the awards reception.

    Now it’s time to look ahead to 2010, and the 15th Annual MHT All-Stars program. Nominations are now open, and we encourage you to submit the names of the people that you view as the leaders of your industry sector. Who provides ideas, innovation and vision? Which executives have changed the way people do business in your industry? Who are the thought leaders in your market? Who are the trailblazers for new technologies, the market makers for New England? Help us identify these leading players by nominating them now.

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      "High risks, high rewards: Avoiding the pitfalls of partnerships"
           Entrepreneurs and experts will explore the dangers of jumping into a partnership too early, strategies for due diligence in potential partners and strategy distinctions between longer-term operational partnerships vs. onetime product alliances.
       
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    Tech CitizenshipTech Citizenship: How is your company giving back to the community?

    Mass High Tech annually honors New England technology companies that use their innovation to improve their communities as part of our Tech Citizenship Awards program. Now is the time to detail how your organization has helped charities and other non-profits through financial contributions, staff time, technology or other forms of assistance. The 24 outstanding tech citizens were honored at a breakfast event at the Seaport Hotel. Read about their charitable efforts and learn how they met the criteria to be named a Tech Citizen. Their stories offer ideas from which we can all learn.

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    Women’s wisdom comes back around

    By Michelle Lang If you’ve ever heard the lyrics to Brad Paisley’s “Letter to Me”, you know that the country crooner made a song of taking his adult wisdom and imparting it on his 17-year-old self, reminding him not to bother arguing with his dad, to enjoy the adventure of his date with Bridget, and to thank his teacher for spending time with him. The same concept is done daily by pa...

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    Startup Watch:
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    CheXout Systems Inc.

    Ashby-based CheXout has developed a mobile application for splitting a restaurant tab. The company was founded in 2009.

     

    Other startups featured in our weekly Startup Report and listed in our online directory:


    Want to be considered for the Startup Watch? Contact the     Startup Watch editor.

    Business Calendar

    Upcoming Events:


    Mar. 18th

    Data Managment Association (DAMA) Special Relativity and the Problem of Database Scalability

    DAMA New England presents Jim Starkey of NimbusDB who will give the talk "Special Relativity and the Problem of Database Scalability"

    Mar. 18th

    Boston SIM March Monthly Meeting: Special CIO Event

    This is a must attend Boston SIM event for anyone interested in reaching or staying in the C suite as the program will provide valuable perspectives on the changing role of the CIO.

    Mar. 18th

    Biotech and Pharma Manufacturing Sustainability: New Efficiencies and Cost Savings

    This presentation will focus on pharmaceutical and biopharmaceutical process improvement, including single-use technology, at-line material recovery, waste recovery and plant profit optimization.

    Mar. 18th

    Optics: Polarization, Beauty and Applications

    Meet other optics professionals and learn about polarization from one of U of R's most engaging speakers, Prof. Tom Brown.

    Mar. 18th

    Capital Connections Series - Small Business Capital Quest

    The legislative leadership and the Patrick Administration are formulating new initiatives that will streamline the Commonwealth's delivery system of financial services to small business. Senator Karen Spilka (D) is extremely interested in getting input on capital challenges facing small businesses around the Commonwealth.

    Mar. 18th

    Breakfast Seminar: Leveraging Marketing Resources for Maximum Revenue Growth

    Given the current economic climate, tech marketers are now tasked, more than ever, with helping to drive overall revenue growth and to justify and measure their expenditures across advertising, events and digital marketing. Rich Vancil, Vice President, Executive Advisory Group, IDC will present the findings from the CMO Advisory Service's 2010 Tech Marketing Barometer Survey at the next MassTLC Sales & Marketing Roundtable.

    Mar. 19th

    MHT's Women to Watch 2010

    Join Mass High Tech for the 7th annual Women to Watch event, which recognizes women in tech and life sciences who are go-getters, hard working, inspirational and motivational to their peers.

    Mar. 19th

    Breakfast Seminar: Enernet: Internet Lessons for Solving Energy featuring Bob Metcalf

    Join Bob Metcalfe for a lively discussion on how lessons learned from the development of the Internet can help shape the future of energy. Metcalfe believes the lessons learned building the Internet can be applied to the world’s energy problems.

    Mar. 23rd

    Adobe® Captivate® 4.0 Workshop

    Adobe® Captivate® 4.0 is a tool that automates the creation of software training materials and e-learning modules. In this course, students will use Adobe Captivate 4.0 to develop demonstrations and interactive simulations of software applications.

    Mar. 23rd

    Social Media for Call Centers

    Join the NorthEast Contact Center Forum at the upcoming Spring Forum where we address "Social Media for Call Centers".

    Mar. 23rd

    WPI Bioengineering Corporate Forum

    WPI's Fifth Annual Biotechnology and Bioengineering Corporate Forum will focus on the growing field of biomedical informatics, exploring how digital solutions are developed to facilitate basic science discovery work and new drug development.

    Mar. 23rd

    Member Roundtable: What your company needs to know about State sales and use tax of SaaS offerings

    MassTLC members are welcome to join our Cloud/SaaS member roundtable with Daniel Dupee, partner in the Boston tax practice of PricewaterhouseCoopers, who will address pertinent topics around state's sales and use tax of SaaS offerings.


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