February 20, 2024
Twins International Multihelix is a global membership association of life science clusters, science, and technology parks with a shared vision to create an international life science "supercluster", addressing and solving societal challenges to improve health and wellbeing. Its partners express a common mission to collaborate internationally to prosper regionally.
On April 16th, ACTION Innovation Network members, along with other TIM partners, will take part in TIM's first Think Tank to discuss best practices on managing incubators and accelerators. Participants will share operational knowledge, unique programmatic activities, methods for revenue generation, corporate and academic partnership management, and new business relationship development.
The following organizations will participate:
We look forward to a productive information exchange and forging of new relationships!
January 22, 2024
Action Innovation Network and its partners, M2D2, Accelerated Healthcare Innovations, Kestrel Technology Consultants (UK), Inertia Product Development, and circularity experts are organizing a Medtech Sustainability Forum to bring together thought leaders in medtech/healthcare and climatetech/sustainablity.
Sustainability in medical device design is increasingly important for manufacturers, decision makers and end users. Not only are sustainable medical devices better for the environment and attractive to consumers, but they can also offer cost-saving benefits, investor attractiveness, and improved brand and competitive advantage. We look to corporate leadership to commit to more sustainable design and manufacturing of medical devices, and manage environmental impact. Sustainable and circular solutions can be key to addressing these issues.
Beyond medtech's core goal of improving health outcomes, preserving a healthy environment and building socially responsible value chains are essential for human wellness. THE FORUM WILL:
The program agenda, venue announcement, sponsorship opportunities and registration will be posted soon. Watch our website for updates, www.actionnewengland.org.
November 20, 2023
After 12 years with our business address at the UMass Dartmouth Center for Innovation and Entrepreneurship in Fall River, MA, ACTION Innovation Network has changed its address. InnoVenture Labs has provided a space agreement for ACTION at its incubator located at 100 Cummings Center in Beverly, MA.
This decision was made based on the following considerations:
We are highly supportive of entrepreneurship and venture development on the South Coast and continue to follow the progress in Fall River and New Bedford. Thank you Fall River for the many years we called CIE home!
October 23, 2023
On September 28th, ACTION Innovation Network's technology incubator directors from across the Commonwealth met with MA Executive office of Economic Development Undersecretary Sarah Stanton for a discussion on the topic, MA Tech Incubators and Innovation Centers Making a Difference in Regional Economic Development. Thank you to Massachusetts Biomedical Initiatives in Worcester, MA for hosting this event.
The meeting was arranged 1) to introduce and give visibility to incubators across all regions of the state, 2) to discuss how the work of the incubators accelerates new venture development and supports new tech clusters and 3) to reaffirm the important role that incubators play in helping to grow businesses that hire from and stay in the region, and contribute to economic growth across the Commonwealth.
According to an International Business Innovation Association (InBIA) report, after five years, businesses that were nurtured in a business incubator have a survival rate of 87%. By comparison, the survival rate for non-incubated companies is 44%. ACTION member incubators report that 84-88% of their technology companies are still in business after 5 years, and 95-100% stay in Massachusetts. Companies in the incubators participating in this event have raised a collective $4.152B There are 210 currently incubating companies and 297 graduates (not all reporting).