[Updated and corrected, 5:00 pm, 5/18/10] Boston Mayor Thomas Menino announced today that Spencer Trask Collaborative Innovations will sponsor a startup competition starting in July, and award $25,000 for the winning company to work in the “Innovation District” that the city is developing, the Boston Globe reported. [Note: Originally we cited venture capital firm Spencer Trask as sponsoring the award, but Spencer Trask Collaborative Innovations, a sister firm focused on public-private collaborations, is actually behind the competition. We regret the error.] Menino made the announcement alongside plans to develop 1,000 acres in the city’s seaport and Marine Industrial Park area, and said that the venture firm will award another $25,000 next year to fuel growth in a startup working in the area. The Innovation District will also be home to state startup competition MassChallenge, which launched in April.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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