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UMass Boston Opens Venture Development Center to Expand R&D Activity
Date:5/1/2009

egion, generating $558 million in total economic activity in fiscal 2008.

"The Venture Development Center adds a new dimension to the university's longstanding engagement with the city and commonwealth for social and economic innovation," said William Brah, executive director of the center.

The Venture Development Center has already identified four industry partners that will locate in the facility:

  • GeoMed Analytical is a firm launched in the Venture Development Center by UMass Boston faculty member Dr. Robyn Hannigan, who chairs the Environmental, Earth, and Ocean Sciences Department. It is a custom analytical services and support company devoted, in part, to advancing innovative analytical techniques for quantification of metals in biological samples in medical sciences.
  • Anthurium Solutions Inc. is an emerging software company that is building an innovative platform for matching continuous digital work with virtual workers globally. Anthurium Solutions employs a UMass Boston intern and seeks collaborations with UMass Boston health care students and faculty.
  • DPixel, based in Milan, Italy is a venture advisor and manager of an investment fund focused on digitalization of content and processes. DPixel's portfolio companies are seeking strategic partners in the United States, and DPixel will offer internships to UMass Boston business students interested in a career in venture capital.

Source: PRWeb
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