The State of the State Economy

Plus Case Study: Biosource, Inc.

FOR IMMEDIATE RELEASE/
Contact: WPI Venture Forum, +1-508-831-5075

Tuesday, January 11, 2005, 6-9 p.m.
Worcester Polytechnic Institute, Campus Center Odeum

WORCESTER, MA - December 17, 2004 - While the recession is over, economic and employment growth in the Bay State continues to lag behind the rest of the country. What does the future hold for the Massachusetts economy? A review of recent economic indicators and forecast data reveals reasons for both optimism and serious challenges to future economic growth in the Commonwealth. Michael Goodman, PhD, Director of Economic & Public Policy Research at the University of Massachusetts Donahue Institute, will present his views on the state of our Massachusetts economy at the January Forum meeting. In his professional capacity, he works with clients, staff, and faculty to conduct customized studies that highlight aspects of the state's economy, with the goal of making university-level research available to local and state policy makers, as well as to business and labor leaders.

Mr. Goodman is the Managing Editor of Massachusetts Benchmarks, a quarterly journal that presents timely information concerning the performance of the Massachusetts economy. He also serves as the Director of the Massachusetts State Data Center, the Commonwealth's official source of demographic, economic, and social statistics produced by the US Census Bureau. Additionally, he serves as a member of the Board of Directors and Massachusetts Forecast Manager for the New England Economic Partnership (NEEP).

Case Presentation: Biosource, Inc.

Following Mr. Goodman, the case presentation will be by Lisa Dorward, Business and Contracts Manager at Biosource, a Worcester, MA, company that has developed the FTC (Flow Through Capacitor), a better technology to treat produced water from the production of coal bed methane gas.

The WPI Venture Forum meeting will be held on Tuesday, January 11, 2005, at the Odeum Campus Center on the WPI campus in Worcester, MA. Registration begins at 6:00 p.m. and the meeting begins at 6:30 p.m. Registration cost is $10 individual, annual, and lifetime members; and $20 nonmembers.


About the WPI Venture Forum

The WPI Venture Forum was created in 1990 to promote the entrepreneurial spirit and to serve those who engage in technology- based entrepreneurial enterprises by providing advice, support and education tailored to meet their needs. The forum fosters entrepreneurship through such activities as monthly programs, a business plan contest, a weekly radio show on News Radio WTAG (Saturdays, 5-7 pm, 580am), and a monthly newsletter.

The Venture Forum, as part of the Collaborative for Entrepreneurship & Innovation in the Department of Management at WPI, serves individuals who are seeking to begin their own technology-based businesses; founders, presidents, and senior managers of start-up or early-stage companies; senior managers of companies that are restarting or making a transition for one mode of operation to another; and employees leaving large companies due to a reduction in force or to start businesses.