Chamber News

Featured / N2 Innovation District
March 20, 2017 Likes Comments

N-Squared campaign nearly fully-funded

The key members of the business, real estate and educational communities within the N2 Innovation District have stepped and supported the effort to brand the region and grow innovation-driven businesses here. Thanks to their support, a fundraising campaign launched earlier this year is now in the final stages, needing just another $42,000 to reach its $325,000 goal.

Key investors in the N2 effort include local property owners and developers such as Founders Park, Jumbo Capital, The Bulfinch Companies, Intrum Corp and Northland Corp. — all of which have major real estate holdings in the area.

Also on board are key employers including TripAdvisor, PTC, the City of Newton and Karyopharm. Educational partners include Mt. Ida College, William James College and Olin College of Engineering.

The Newton-Needham Regional Chamber, launched the campaign earlier this year as it moves to promote the N2 Innovation District. A report completed in 2016 details the viability of creating an innovation-driven economy in the area and laid out several steps that the region needs to take to turn the idea into a reality.

The fundraising campaign is designed to sustain the N2 Innovation District for the next two years with a focus on several initiatives, including the hiring of a full-time district director, creating marketing materials, tours and campaigns, and building a powerful digital presence.

“Growing the Innovation District now — while our economy is hot and companies are expanding – couldn’t be more time-sensitive,” said Chamber President Greg Reibman. “We are extremely gratified for the financial commitments we’ve received so far and look forward to reaching our goal and having the resources to promote and market the entire N2 Innovation District as a destination where the best businesses, talent and community coverage.”

In addition to working with corporate partners, the program is also accepting funds from small businesses and individuals. To contribute or for more information contact Lise Elcock, the chamber’s director of membership and development at 617-244-1864 or lelcock@nnhcamber.com.


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