Massachusetts Technology Transfer Center's tech transfer grant support has been rolled into the remit of state-backed business development agency MassVentures.
US state-founded tech transfer support body Massachusetts Technology Transfer Center (MTTC) has been quietly wound down and amalgamated into MassVentures, the public-private business development agency for Massachusetts.
Vinit Nijhawan, managing director of MassVentures, confirmed the move through a LinkedIn post but did not respond to Boston Business Journal’s request for comment.
The merger puts an end to MTTC’s grant-making remit through which more than $3.5m in proof-of-concept funding had been awarded since the body’s establishment in 2003.
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