Quasi-public venture capital firm MassVentures reports that its SBIR Targeted Technologies (START) program has invested $12 million into 50 companies that need more time to commercialize high-risk, high-reward technologies — and those companies have leveraged that state investment to raise an additional $278 million in outside capital.
{iframe}http://www.bizjournals.com/boston/news/2016/11/28/massventures-says-its-funds-have-led-to-20-fold.html{/iframe}