Massachusetts is the most innovative state in the U.S., according to a Bloomberg ranking. This is the second year in a row Massachusetts has won the top spot.
Investment in higher education and research, according to Bloomberg, are what drove the win and what drives innovations overall.
California was at #2, followed by Washington, based on the six metrics Bloomberg uses to rank states: R&D intensity, productivity, high-tech density, concentration of STEM employment, number of STEM degree holders, and patent activity.
Kansas-based Sprint Accelerator has joined the Global Accelerator Network, which includes more than 70 accelerators on six continents.
The move is part of Sprint’s new exclusive focus on fostering partnerships between corporations and startups, providing its members with access to a variety of goodies, including data, mentors, investors, and all sorts of resources.
Sprint’s membership in the GAN also includes access to other accelerator programs from around the world, to foster best practices exchange and new partnerships.
A $250-million project initiated by Civic Hall and RAL, a development company, will see the New York tech startup community get a new training hub and meeting spot.
Construction of the 14th @ Irving, as the project is called, should start in 2018 and will open its doors in 2020. The facility will comprise classrooms and meeting spaces as well as offices for fresh startups.
Civic Hall, which was set up as a community center for tech innovators focusing on civic applications, will be in charge of managing the project’s education partners, including General Assembly and Coalition for Queens.
French lender BNP Paribas has announced the start of the new round of its Fintech and Corporate Accelerator program.
The four-month program offers a selection of startups access to the bank’s knowledge base in areas such as hosting, business strategy, and technical support.
The 10 winners will be announced early next year. In this round of the program, BNP is specifically looking for startups active in asset management, vehicle fleet management, and car leasing.
Insurtech startup Lemonade, which recently raised $34 million from a number of venture capital and other investment funds, now plans to go nationwide in all but three states.
The company said that since its launch in New York, it has received tens of thousands of applications from customers, so now it is applying for licenses across the country, bar Wyoming, Washington, and Mississippi, where there are statutory waiting times delaying the application.
According to the company’s founders, Lemonade’s automated tech allows for quick expansion, allowing it to reach 97% of the insurance customers in the U.S.
Nokia, Vodafone, and Telit have joined forces to advance Internet of Things technology using Narrowband-IoT.
The partnership has so far yielded a Nokia-deployed NB-IoT system developed using Vodafone’s radio access network plus parts of its Cloud Packet Core program, and IoT technology from Telit.
The system will be offered to manufacturers of connected devices and app developers in product trials, expanding the IoT ecosystem.