5/18/17 Inaugural MassVentures $5K Business Pitch Competition & Community Forum

FOR IMMEDIATE RELEASE; May 16, 2017

CONTACT: Kate Anderson, kate@cwconsulting.co//617.773.4842

Inaugural MassVentures $5K Business Pitch Competition & Community Forum

 MassVentures and the UMass Lowell Office of Entrepreneurship & Economic Development will host a gathering of entrepreneurs, business leaders, faculty, students and other members of the innovation ecosystem from across the Merrimack Valley

The event begins with the Technology Venture Pitch Contest with five local teams competing for a chance to win $5K in grant funding from MassVentures and access to the broader advisory, mentor, educational and community resources of MassVentures and UMass Lowell.  Following the contest, there will be a Community Forum on Funding Sources & Strategies in the Massachusetts Innovation Ecosystem.

 WHAT:              Inaugural MassVentures $5K Business Pitch Competition & Community Forum

WHEN:            Thursday May 18, 2017

10:00 am – 11:30 am Business Pitch Competition

11:30 am – 12:30 pm Community Forum on Funding Sources & Strategies

WHERE:          UMass Lowell Innovation Hub, 110 Canal St., Lowell, MA

WHO:              State Senator Eileen Donoghue (~11:30am); Jerry Bird, President, MassVentures

Teams competing for funding:

  • Horsepower Technologies Inc. (Lowell, MA)
  • invisaWear Technologies, LLC (Nashua, NH)
  • InVitroMetrix Corporation (Lowell, MA)
  • Lavoie Industries (Lowell, MA)
  • Nonspec (Lowell, MA)

Community Forum:

  • Jennifer Daloisio, Chief Financial Officer, Massachusetts Clean Energy Center
  • Abi Barrow, Office of Technology Commercialization and Ventures (OTCV) at the University of Massachusetts & Founding Director, Massachusetts Technology Transfer Center (MTTC)
  • Jim Kenney, VP Commercial Lending, The Emerging Technology Fund (ETF), MassDevelopment
  • Tom O’Donnell, Director, UMass Lowell iHub

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MassVentures is quasi-public venture capital firm focused on fueling the Commonwealth’s innovation economy by funding early-stage, high-growth Massachusetts startups as they move from concept to commercialization.