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City applies for technology grant

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Haverhill has applied for a grant from the Massachusetts Technology Collaborative to fund the creation of an innovation and business mentoring center. The center would support innovation and start-ups in the city by offering entrepreneurs access to mentors — including successful business executives, investors, and industry leaders — who would help them understand the marketplace, attract capital, and find the legal, accounting, and other support services needed for a company to grow. Winners of the state grants will receive up to $150,000. According to City Councilor John Michitson, a state grant would bolster the city’s efforts to create 1,000 new jobs and add $3 million in new revenue to its industrial base by 2020.

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