Wednesday, March 23, 2011
That “something” is states like Massachusetts, which has put together a $1 billion, 10-year life sciences initiative and on Wednesday awarded loans of up to $750,000 each (totaling $3.75 million) to five early-stage companies. It is the third round of these awards.
Other states — like Michigan, Ohio, Texas and Kansas among them — are offering similar incentives to retain their most innovative companies.
And California? Left with runners on base.