National Grid Congratulates Boston for Ranking as Nation’s Top Start-Up Community

May 11, 2016 6:30 PM ET

Waltham, Mass., May 11, 2016 /3BL Media - The Innovation That Matters 2016 report, released today by the U.S. Chamber of Commerce Foundation, the Chamber’s FreeEnterprise.com, and 1776, builds out a one-of-a-kind index comparing key statistics in 25 cities to show how well they are turning capital into successful tech industries.

While the San Francisco Bay Area is the leader in total startup activity, Boston earned the top spot by having clear emphasis on next generation tech companies specializing in education, energy, and healthcare industries; high quality of life ratings; and a welcoming regulatory environment for startup communities.

National Grid’s Massachusetts President, Marcy Reed, congratulated Massachusetts Governor Charlie Baker and Boston Mayor Martin J. Walsh for their success in earning this achievement.

“Awesome! And not surprised. We applaud the collaborative effort between the city and state that earned Boston this prestigious ranking,” Reed said.  “The city’s evolving digital economy, our collective attention to growing and retaining a talented, diverse workforce, along with the commitment to growing and investing in our local infrastructure and ensuring a healthy environment, all make this honor possible.”

Innovation That Matters 2016 builds on research outlined in the first Innovation That Matters report, released last year, which shared guidelines for developing startup ecosystems around highly regulated industries. Together, these reports can help guide civic leaders in creating the kinds of connected communities necessary for startups to exist and thrive.

 

About National Grid

National Grid (LSE: NG; NYSE: NGG) is an electricity and natural gas delivery company that connects over 20 million people to vital energy sources through its networks in New York, Massachusetts and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain.

Through its U.S. Connect21 strategy, National Grid is transforming its electricity and natural gas networks to support the 21st century digital economy with smarter, cleaner, and more resilient energy solutions. Connect21 is vital to our communities' long-term economic and environmental health and aligns with regulatory initiatives in New York (REV: Reforming the Energy Vision) and Massachusetts (Grid Modernization).

For more information please visit our website: www.nationalgridus.com, or our Connecting website. You can also follow us on Twitter, watch us on You Tube, Friend us on Facebook and find our photos on Instagram.

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CONTACT: Paula Haschig – 781-879-2457