Massachusetts Governor Deval Patrick and Boston Mayor Tom Menino have announced the formation of The One Fund Boston, Inc. to help the people most affected by the tragic events that occurred in Boston on April 15, 2013.
CareCloud, a Miami-based healthcare IT company, celebrated the opening of its first Boston office in the Innovation District. BRA Director Peter Meade, on behalf of Mayor Menino, joined CareCloud CEO Albert Santalo, and CareCloud Chief Technology Officer, John Walsh, at the celebration.
CareCloud, one of the fastest growing healthcare IT companies in the U.S., is providing the latest in cloud-based practice management, electronic health record (EHR) and medical billing software and services to medical groups. CareCloud chose Boston because of its established healthcare ecosystem, talent pool, and unmatched local government support. The company employs a total of 160 employees and grew over 140% in the last year. CareCloud’s Boston office will grow from 14 employees to 35-50 employees this year and 100 employees by the end of 2014.
LifeTech Boston was instrumental in helping CareCloud find its new home, in joining Boston’s business community, and in recruiting and creating jobs – critical for sustaining its record growth.
“I want to congratulate CareCloud on their beautiful new office and welcome them to our booming Innovation District. Thanks to the work of the LifeTech Boston team, CareCloud is on track to thrive in the growing life sciences and healthcare technology cluster along the South Boston Waterfront.” – Mayor Menino
200+ new companies and 4,000 new jobs since January 2010
The growth is spread across a variety of business sectors with a diverse range of small, mid-scale, and large companies.
“Dynamic companies want to be part of Boston’s innovation community and part of our larger community. They want to make contributions to the community through their expertise, time, and resources. I have never in 20 years been more optimistic about Boston’s future. We are setting trends, not following them.” – Mayor Menino
- 30% from technology companies
- 21% from creative industries like design and advertising
- 16% from greentech and life sciences
- 11% in education and non-profit sectors
- 40% share space in co-working spaces and incubators
- 25% are small scale with 10 employees or less
More Jobs on the Way:
- Many other companies have announced plans to add another 2500+ jobs to the neighborhood by 2016.
Nicole Fichera, the City’s Innovation District Manager, was featured on Boston Neighborhood Network News to share the report:
The rain did not stop 200+ attendees from celebrating Boston’s innovation ecosystem at Space with a Soul hosted by the City of Boston, the BRA, Sample6 Technologies, Wolf Greenfield, Boston Private Bank, Musa Technologies, and Massachusetts Life Sciences Center. Neighbors from across industries shared ideas and networked. With the Boston Innovation Center opening this spring and more than 1.8 million SF under construction, the Innovation District continues to build its social infrastructure, offering space for collaboration and cross-pollination. The City and the BRA look forward to partnering with more companies to create events just like You, Me, and the ID.
BRA Business Development Staff hear from local innovators
BRA Director Peter Meade mingles with Space with a Soul founder, Stas Gayshan
BRA Staff and Greentown Labs exchange ideas
ONEin3 Manager, Chloe Ryan poses with VSnap and Academic Internship Council
Founders of Sample6 Technologies
City of Boston and BRA Business Development Team
The Mayor’s Chief of Staff, Mitch Weiss, addresses the crowd
Colombian entrepreneurs checking out the ID
LifeTech Manager, Martina Toponarski and ID Manager, Nicole Fichera announce raffle winners
LifeTech Manager, Martina Toponarski awarding rafflewinner and WorkBar Founder, Bill Jacobson