Erin Kutz wrote:
Boston Mayor Thomas Menino announced today that venture capital firm Spencer Trask 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. 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.
