CAMBRIDGE, MA–Nine companies now doing business in Massachusetts will be recognized at MassEcon’s Annual Corporate Welcome Reception. These companies, which have all established their first location in Massachusetts over the last year, have located in multiple regions of the state and represent diverse industries including IT, beverage, career training, AI, gene therapy, logistics, software, and biotechnology.
Massachusetts Secretary of the Executive Office of Economic Development Yvonne Hao will be the featured speaker and Morgan Weinstein, Executive Vice President – Northeast, Phase3 Real Estate Partners, will deliver welcome remarks. This is the only event of its kind in Massachusetts that brings together companies new to the state to introduce them to the rich Massachusetts network. Since launching this event in 2009, MassEcon has recognized 193 companies from 40 countries and 32 states. These companies have added more than 8,000 jobs to the Massachusetts economy.
Jeevan Ramapriya with the Massachusetts Office of International Trade and Investment; Peter Milano with the Massachusetts Office of Business Development; Segun Idowu with the City of Boston; Pardis Saffari with the City of Cambridge will also be in attendance to welcome these new companies to the Commonwealth.
“Massachusetts delivers a high quality of life for workers and supportive eco-system for employers,” said MassEcon Executive Director Pete Abair. “We are thankful for each new business and pleased to welcome them to the Commonwealth.”
WHEN: Thursday, October 24, 2024
4:30 – 6:45 p.m.
WHERE: Genesis
640 Memorial Drive
Cambridge, MA 02139
WHO: Formally welcoming 9 companies being honored:
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Acensi (France and Canada to Lowell)
IT consulting firm that located in early 2024 at UMass-Lowell campus with three employees. Headquartered in France and have another location in Canada. Specializing in digital transformation, it offers nearshore and offshore services with a focus on Data and AI, helping clients optimize IT management, development, and data-driven solutions across industries like Finance, Healthcare and Energy. -
Arcpoint Brewing Company (Belchertown)
Veteran-owned brewery opened August 16, 2024. Family-friendly environment where people can relax while enjoying local craft beer and local music. - ArLab (Boston)
State-of-the-art career institute, providing hands-on skill development that equips students for healthcare and biotechnology careers. JVS Boston & Quincy College partnered to bring together deep expertise in workforce training and higher education to prepare job seekers for in-demand jobs with quality employer partners. Offers an extensive simulated training experience that benefits both job seekers and employers.
- Beacon Therapeutics (England and Florida to Boston)
Ophthalmic gene therapy company founded in 2023 to save and restore the vision of patients with blinding retinal diseases. Pipeline combines a late-stage development candidate to treat X-linked retinitis pigmentosa (XLRP) with two preclinical programs, targeting dry age-related macular degeneration and an inherited cone-rod dystrophy.
- Crowley Wind Services (Florida to Salem)
Privately held, U.S.-owned and -operated maritime, energy and logistics solutions company serving commercial and government sectors. Salem Offshore Wind Terminal is a public-private partnership among Crowley, the MassCEC, and the City of Salem. Secured the long-term use of 42 acres in Salem to develop and operate the state’s second major offshore wind port terminal. The terminal will be a logistics and operations center for turbine pre-assembly, transportation, staging activities and storage of assembly component - Enlaye (Boston)
Built the first AI-native Risk Lifecycle Management™ platform for the Built-World. On a mission to help contractors, owners, and developers better identify, assess, compare, and manage risk at all stages of the project lifecycle. With Enlaye, let’s build better and faster, together - Great American Beer Hall (Medford)
Tap room-style beer hall that offers a wide array of New England’s most popular craft beers, plus select cocktails, seltzers, wine, domestic/imported beers, and non-alcoholic beverages. First floor features a 17,000 square foot tap room / beer hall and a 4,800 square foot outdoor beer garden. Interior and exterior mezzanine levels round out the facility’s design. Located on Mystic Avenue which acts as a “gateway to Boston” which has long been a vision for the City of Medford to be a thriving area of commerce and entertainment. The ownership group has deep roots on Mystic Ave, owning and operating a small business since the early 1960’s and making local real estate investments ever since.
- MacPaw (Ukraine to Cambridge)
Develops and distributes innovative software for macOS and iOS that simplifies the lives of Mac users. Founded in Kyiv, Ukraine, with a subsidiary office in Boston, MacPaw serves over 30 million users worldwide. With one in every five Mac users having at least one MacPaw app, the company is a trusted leader in the Mac software ecosystem
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TreeFrog Therapeutics (France to Cambridge)
French-based biotech company set to unlock access to cell therapies for millions of patients. Unique in its approach to cell therapy development bringing together biophysicists, cell biologists and bioproduction engineers to address the challenges of the industry – producing and differentiating cells of quality at unprecedented scale, cost-effectively. To realize their mission of Cell Therapy for all, TreeFrog operates a hybrid business model that includes its own therapeutic programs and partnerships with leading biotech and industry players in other areas. Has lead programs in Parkinson’s Disease and Acute Liver Failure, in addition to an exclusive licensing and research collaboration agreement for their technology in Type 1 diabetes.
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