Quest Center Opens in Massachusetts

Sea Technology, Oct 2005

New Bedford, Massachusetts, is a town that has reinvented itself as a "high-support" environment to assist new early-stage companies with growth and job-generation potential. Through a collaborative partnership project between the city of New Bedford, the New Bedford Economic Development Council and the University of Massachusetts, companies in the marine industry can have a point of focus for entrepreneurial training and a location for start-up activity.

Other key points that the Quest Center highlights are access to hands-on management assistance and guidance to access financing and exposure to business and technical support services, and access to student interns and faculty from the University of Massachusetts, Dartmouth.

According to press information, the mission of the Quest Center is to support the development and growth of technology-focused small businesses, initially oriented to (but not limited to) marine science and marine technologies, software and life science technologies. The hope is to do so by providing a diverse sustainable environment in which these new and emerging companies can develop and achieve growth, with the end-result being profitable businesses, job creation, capital generation, economic diversity and a positive impact regionally and globally.