AgeLab Helps Boston Rank as the 15th-Best Place to Start a Business

AgeLab Helps Boston Rank as the 15th-Best Place to Start a Business

Inc.com has published an index of the fifty best places in America to start a business. Boston ranks 15th on the list, and the MIT AgeLab is a major reason why.

Inc.com editor Leigh Buchanon writes:

"Boston not only has a high rate of people over 55 starting companies; it's also working hard to become the Silicon Valley for tech aimed at older people. Home to MIT's celebrated AgeLab, the area has spawned a cluster of age-tech startups launching products like wireless headphones (Eversound) and virtual reality headsets (Rendever) that are optimized for seniors. In June, Amazon bought Somerville-based PillPack, which helps those who are on several medications, for close to $1 billion. Besides its big push in biotech, Boston also ranks first in the nation as a place to start social ventures, according to a 2017 report from Halcyon. Perhaps most gratifying, Boston this year outpaced New York for venture investment.

View the full rankings here.

 

MIT AgeLab
1 Amherst Street, 2nd Floor
Cambridge, MA 02142
ph: 617.253.0753
email: agelabinfo@mit.edu

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