Ernest Lara, Executive Director at Richi Social Entrepreneurs says: "There are great projects with outstanding technologies in Europe and overseas that would speed up their development if they build a presence in Massachusetts. Our startups have realized that the culture and access to talent, capital and networks here provide a unique environment both to validate business/technical assumptions as well as to accelerate implementation. We are positioning our program as the best methodology to support healthcare and cleantech startups from overseas in their process of making the most out of the main innovation ecosystem worldwide: Massachusetts. Now thanks to the partnership with ACTION, we not only make the program stronger and expand the network, but also get healthcare and cleantech startups from all over the world closer to the main networks where business and investment happen in Massachusetts."
ACTION will assist in the recruitment of international startups for the program through a call for projects from its international partners and connections worldwide. At the program's completion,entrepreneurs will be offered the opportunity to establish a US presence within the ACTION network of technology business incubators.