SPRINGFIELD — This week, Valley Venture Mentors (VVM) celebrated the graduation of participants in its Massachusetts Manufacturing Accelerator. The graduation ceremony took place at VVM World Headquarters at Tower Square in front of a crowd of nearly 100 friends, supporters, and members of the political and business communities.
The Manufacturing Accelerator delivered intensive and immersive training sessions to seven small precision manufacturers over four months to help them identify new revenue streams and connect them with new industries and customers.
“This program is unique because it takes startup methodology and applies it to established manufacturers,” said Paul Silva, VVM co-founder. “We encouraged these businesses to boldly question the way they’ve been doing business for decades and discover new markets and opportunities. We’re very excited about the results.”
Funding for this program was provided by the Advanced Manufacturing Futures Program administered by MassDevelopment.
“The manufacturers who participated in the Massachusetts Manufacturing Accelerator benefited from the creative and thoughtful approach Valley Venture Mentors and its partners took with this program, and MassDevelopment is pleased to support the accelerator with a grant from the Manufacturing Futures Fund,” MassDevelopment President and CEO Marty Jones said. “Congratulations to everyone on this accomplishment, which will help Western Massachusetts’ innovative manufacturing industry continue to grow.”
Graduates of the program include BSS Additive, Boulevard Machine & Gear, Decker Machine Works Inc., Mitchell Machine Inc. and Precise Turning and Manufacturing.