Stanley to help tech startups advance at Hartford center

Published on Wednesday, 18 July 2018 21:10
Written by Karla Santos

@KarlaSantosNBH

NEW BRITAIN - Stanley Black & Decker and Techstars introduced the 10 domestic and international companies that will be part of a new advanced manufacturing center in downtown Hartford.

According to a news release from Stanley, businesses from Canada, Ireland, the United States and Israel will participate.

Stanley and Techstars, which specializes in mentorship programs and innovation partnerships, reviewed applications from 11 countries. Half of the companies selected are from outside the U.S.

The “accelerator program” in the new manufacturing center will concentrate on equipment capable of building three-dimensional objects with layering including metals, concrete and plastics. Among other technologies to be used in the program are additive fabrication, 3-D printing and rapid prototyping.

The new manufacturing center, also known as Manufacturing 4.0. will provide the 10 companies with resources including mentoring to help them create new forms of technology.

The selected companies are Astroprint, Calt Dynamics, Castor Technologies, Inventaprint, Distech Automation, NanoQuan, Mani.me, Kwambio, Micron3DP, and Structure3D Printing. Six of the 10 companies have a concentration on 3-D technologies. The other four focus on additive manufacturing, product development for hardware space and unlocking nano-material.

Claudia Reuter, managing director of the Stanley and Techstars accelerator, said the companies were chosen based on talent, drive, level of passion and innovations within additive manufacturing.

“We worked hard to identify the most promising companies that we feel are best positioned to help move the manufacturing sector forward,” Reuter said. “We are confident they are all deserving of the potential opportunity to be nurtured and thrive under the guidance of Stanley Black & Decker’s mentorship.”

Rich Mokuolu, chief executive officer at Inventaprint, said the opportunity provided by Stanley and Techstars is very meaningful to his company.

“Collaborating with an industry leader such as Stanley Black & Decker and being part of the Techstars global family is a priceless opportunity to identify more ways we can provide value to our clients,” Mokuolu said.

Colin Keogh, design engineer at Calt Dynamics, said Stanley and Techstars will play an important role in helping his company grow.

“We joined the Stanley and Techstars accelerator to access the amazing mentorship and support provided by Techstars to help us rapidly progress with Calt Dynamics, while also improving our business model and go-to-market strategies,” Keogh said.

Techstars is a worldwide company that offers mentorship-driven accelerator programs and corporate innovation partnerships.

Stanley, based in New Britain, and Techstars developed the accelerator program to help empower startup companies. Marty Guay, vice president of business development at Stanley Black & Decker, said they look forward to providing the 10 companies with guidance and support.

Karla Santos can be reached at 860-801-5079.



Posted in New Britain Herald, Business, New Britain on Wednesday, 18 July 2018 21:10. Updated: Wednesday, 18 July 2018 21:13.