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🔒Staying mutual: Before agreeing to a merger, Fidelity Bank & Cape Cod 5 discovered similarities in their cultures and missions

.About a year ago, Fidelity Bank Chairman and CEO Edward Manzi began working on a deal with Matt Burke, his counterpart at Hyannis-based bank Cape Cod 5.

Clark receives $5M to expand workforce development program

The U.S. Department of Labor granted Clark University $5 million through its Building Pathways to Infrastructure Jobs Grant Program, to expand Clark’s Tech Quest Apprenticeship program.

WPI receives $500K to expand Caribbean coastal community adaptation research

The National Oceanic and Atmospheric Administration selected Worcester Polytechnic Institute to receive a $500,000 slice of $3.9 million it is doling out to researchers working on climate adaptation advancements.

Marlborough tech firm seeks funding to avoid 105 layoffs

Marlborough battery-technology firm Ambri will lay off 105 workers, 89 residing in Massachusetts, unless it can raise sufficient funding on or before Nov. 13.
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SeaChange names new CEO after delisting shares from NASDAQ

Boston-based streaming technology company SeaChange International, which was formerly based in Acton, added CEO to President Chris Klimmer’s title, approximately a month after the company delisted its shares on the NASDAQ.

Feds choose Greater Boston as research hub

Massachusetts was chosen to host the National Institutes of Health agency's Investor Catalyst Hub, meant to help ARPA-H programs navigate the complexities of the business and regulatory landscape and provide resources to help bring ideas to market, according to the governor's office.

WPI to advise National Science Foundation on fire protection with $450K grant

The National Science Foundation has added Worcester Polytechnic Institute to its Wildfire Interdisciplinary Research Center, bringing the university on to its collaborative effort between universities and industry leaders to better understand, prevent, and respond to wildfires.

Secretary: Climate tech will feature in Healey economic development bill

The Healey administration is working on an economic development bill to file in the new year and "hit the ground running in 2024," Economic Development Secretary Yvonne Hao said Wednesday, forecasting a focus in the legislation on technology related to climate change.
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MBI granted $150K from SBA accelerator program to grow startup efforts

Massachusetts Biomedical Initiatives in Worcester, a life science incubator, has been selected by the U.S. Small Business Administration as a stage two winner of its 2023 Growth Accelerator Fund Competition.

Feds pick Massachusetts for new microelectronics hub

The U.S. Department of Defense on Wednesday chose Massachusetts to lead a regional microelectronics hub, positioning the state for growth in a burgeoning industry that the Healey administration hopes will reach a level of significance akin to the state's life science industry.
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