FEBRUARY 2020
The latest edition of MassBenchmarks Journal is now available from the UMass Donahue Institute which discusses higher education, the regional economic geography of MA, economic currents, and more. Read more here .
Many Boston companies are investing in environmental, social and corporate governance . Read more here .
More than 4,600 unserved rural homes and businesses in Massachusetts will receive more than $10 million in funding to improve connectivity thanks to t he Federal Communications Commission . Read more here .

According to CBRE, cap rate stability is to be expected in H1 2020 in Boston. Strong demand from domestic and foreign investors and moderate economic growth is expected to keep capitalization rates stable for U.S. commercial real estate assets in 2020. Read more here .
Las Vegas-based Allegiant Air will begin servicing Boston's Logan International Airport in May as part of the airline's “largest service expansion in company history". The company plans to add 14 routes to Boston . Read more here .
Italy-based drugmaker Chiesi Farmaceutici S.p.A. will open a 10-person office in Boston this year where it plans to focus on rare blood, ophthalmology and lysosomal storage disorders. By the end of 2021, the company plans to expand to 40-50 employees. Read more here .
Headquartered in San Francisco, Landing , a platform that focuses on the long-term apartment rentals, is expanding to Boston . Read more here .
Denver-based Frontier Airlines will be servicing Boston's Logan Airport . Starting in April, there will be flights to and from Miami, Orlando, Raleigh/Durham , and San Juan . There will also be seasonal flights to Denver and Philadelphia starting in May. Read more here .


Global supply chain partner for technology-driven companies and an independent distributor of electronic components, Converge, renewed and extended its lease in Peabody 's Centennial Park and is now occupying 76,771 SF . Read more here .
To accommodate the wheelchair company's rapid growth, National Seating and Mobility is moving from Natick to Southborough , leasing 15K SF of flex space. Read more here .
Global logistics company Omni Logistics secured 115,822 SF of high-bay warehouse space in Billerica . Read more here .


Since securing $40 millio n, Finnish provider of managed cloud hosting for software infrastructure, Aiven , is planning to expand its presence in Boston . Read more here .
Boston -based HR startup Globalization Partnerships, which helps U.S. companies expand abroad without having to create a subsidiary, secured $150 million to invest in client service, technology development, and global expansion.   Read more here .
The Massachusetts Clean Energy Center's Catalyst and InnovateMass programs awarded $1.7 million in grants to 18 startup clean energy businesses in 10 cities and towns across the Commonwealth to promote clean energy and reach net-zero emission goals. Read more here .
Accion Systems , an MIT spinoff based in Boston , that develops satellite propulsion systems for the space industry, secured $11 million for production and hiring new employees . Read more here .
The Baker-Polito Administration awarded $11.6 million in grants to Massachusetts cities and towns through the Municipal Vulnerability Preparedness Program to identify climate hazards, develop strategies to improve resilience, and implement priority actions to adapt to climate change . Read more here . The Administration also awarded $2 million to support community-based grants to expand workforce promotion and address small business challenges. Read more here . Additionally, the Baker-Polito Administration awarded more than $2.9 million in Seaport Economic Council Grants to support nine projects in seven communities across Massachusetts. These funds will be used to support working waterfronts, local tourism, coastal resilience, maritime innovation, and the commonwealth’s Blue Economy. Read more here .
Trillium Therapeutics Inc. in Cambridge secured $117 million to help move its two main drug candidates through the last round of Phase 1 testing this year and into Phase 2 tests against acute myeloid leukemia, T-cell lymphomas, and multiple myeloma.  Read more here .
After securing $42 million , Boston -based health IT company Kyruus plans to grow by nearly 60% and broaden its physician scheduling platform. The 170-person company is already working with 600 hospitals around the country to access doctor appointment calendars. Read more here .
UMass Dartmouth secured its largest grant, with $4.5 million from the Navy which will go toward research projects with the Naval Undersea Warfare Center and higher education institutions. Read more here .
AI-enabled, permissions-based platform for marketing teams startup, Plannuh , based in Boston , secured $4 million which will allow the company to hire 5-10 employees in technical roles, customer support, marketing, and sales this year. Read more here .
Boston and Washington, D.C.-based machine startup Carbon Relay secured $63 million for product development and hiring. The company plans to double its current 20 person headcount by the end of 2020 . Read more here .
Iora Health , based in Boston , secured $126 million . The company's model is to open up primary care centers for the Medicare population, especially in retail environments. Iora Health's main focus is hiring on the care teams, but it is also hiring significantly in sales and marketing, technology, and human resources. Read more here .
Since securing $45 million , staffing software firm IntelyCare Inc. in Quincy will be adding up to 60 new employees . The company's softwar e puts nurses and nursing assistants in touch with healthcare facilities that are looking to fill shifts. Read more here .
Boston -based cloud software startup Architect.io is emerging from stealth mode after securing $1.5 million . Read more here .
Veloxint , a Framingham -based startup whose technology combines proprietary alloy and process design approaches to produce nano-enabled alloys that are lighter, stronger, and more heat resistant than current industrial metals, secured $5 million to develop and scale next-generation nanocrystalline metal alloys. Read more here
Restaurant payments startup, Toast , based in Boston , secured $400 million and plans to hire 1,000 new employees this year in multiple international cities, including Boston. Read more here .
Flywire , a Boston -based payment processing company, secured $120 million which will be used for hiring, investing in product, technology, and opening new office space around the world. Read more here .
Since securing $270 million , Thermo Fisher Scientific opened a 50K SF $93 million facility for clinical and commercial gene therapy manufacturing in Lexington . Read more here .
Personal safety startup Flare secured $3 million . The Boston -based company's flagship product is a smart bracelet designed to get the wearer out of potentially dangerous situations and prevent sexual assault. Read more here .
LinkSquares , a Boston -based provider of AI-powered legal contract analytics, secured $14.5 million . By the end of the year, the company plans to grow its team from 65 to 100 full-time employees and focus on expanding and enhancing the library of terms extracted from contracts. Read more here .
On March 5, join MassBioEd for "Transitioning To Leader, For New Managers" to gain a clear understanding of the essential skills and strategies to help reach your goals as a leader/manager. Read more here .
On March 13, Mass TLC' s Tech and Innovation unConference will be held at the Microsoft NERD in Cambridge for engineers, developers, architects,
operators, and anyone with a thirst for technology to discuss ideas, processes, and strategies around cloud, automation, and operations. Read more here . On March 25, Mass TLC's "Disrupt Your Org's Talent Strategy" event will to take a deep dive into the critical areas of talent management strategy: acquisition, development, and retention with MIT Lincoln Lab's Chief Diversity Inclusion Officer. Read more here .
NAIOP Massachusetts is hosting "NAIOP @ Noon: Housing - Breaking Down the Paper Wall" on March 5 in Boston where t he conversation will focus on how Massachusetts can advance housing production, decrease traffic, and improve the environment. Register here . In April, NAIOP Massachusetts is hosting a Real Estate Development Fundamentals two-part course that will utilize lectures, videos, case studies, analyze actual sites for sale and present preliminary development ideas. Read more here .
The Sasaki Foundation Design Grants 2020 Call for Proposals deadline is May 8. Up to three interdisciplinary teams who address climate adaptation, new models for housing, innovation in transit and access to mobility choices, or creative community building will receive a grant of $15,000 and dedicated time in the Incubator at Sasaki. Read more here .
Attend the ROBOTICA AI/ML Autonomy Summit on March 26 to meet and connect with industry enablers and find the partnerships to help expand your firm's UxS program. Read more here .

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