Massachusetts Startups Strategize Against Federal Cuts to Fuel Local Tech Boom
The Boston Globe6 months ago
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Massachusetts Startups Strategize Against Federal Cuts to Fuel Local Tech Boom

Startup Ecosystem
startups
funding
innovation
economy
collaboration
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Summary:

  • Entrepreneurs and investors in Massachusetts are collaborating to counteract federal funding cuts

  • The Engine's annual conference focuses on making Massachusetts the best place for startups to grow and scale

  • Ocean and climate tech startups are also exploring innovative solutions to funding challenges

At a recent gathering in Cambridge, near MIT, a diverse group of entrepreneurs, investors, and policy makers convened to discuss strategies for sustaining the growth of the local innovation economy amidst dwindling federal funding.

Emily Knight, CEO of startup accelerator The Engine, emphasized the need for collaboration and innovative models to ensure Massachusetts remains a prime location for startups to thrive. This meeting marked The Engine's third annual conference aimed at fostering a supportive ecosystem for scaling companies.

Parallelly, another group focusing on ocean and climate tech startups met at Tufts University's Joyce Cummings Center, tackling similar challenges. These discussions highlight the community's proactive stance in navigating potential funding cuts and exploring alternative growth avenues.

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