MATRIC Teams with Chemical Alliance Zone and WV High Technology Consortium to Provide Technology Accelerator
October 21, 2009
CHARLESTON, W.Va. -- The Mid-Atlantic Technology, Research & Innovation Center (MATRIC), which has started nine entrepreneurial companies since its founding in 2004, has received a major grant from the Claude Worthington Benedum Foundation to develop a Technology Accelerator Program at the Dow Technology Park in South Charleston, WV.
MATRIC is partnering with the Chemical Alliance Zone (CAZ) and the West Virginia High Technology Consortium (WVHTC) to provide entrepreneurs with small start-up grants, office and laboratory space, professional and technological support services under this grant. The physical location will be at the Dow Technology Park in South Charleston.
“We hope to assist 5-10 new technology companies begin and grow in our community”, says Keith Pauley, MATRIC’s president and CEO.
Both CAZ and WVHTC have a history of operating successful business incubator programs and bring a wealth of experience. Kevin DiGregorio, CAZ’s executive director, is excited about the prospects of former Union Carbide scientists, engineers and technologists developing new products or processes in the Technology Accelerator. “MATRIC’s technical personnel, WVHTC’s professional network and CAZ’s labs and equipment are powerful assets for an entrepreneur to become a successful business owner,” says Dr. DiGregorio.
For an exclusive interview with the Accelerator Program leadership, please contact Mary-Margaret Chandler.