Michitson Hopes to Bring Two Award-Winning Companies to City

City Council President John A. Michitson says he came back from last week’s MassChallenge Boston Awards Ceremony with two economic development leads for the city and ideas about launching a MassChallenge satellite innovation center in Haverhill.

Pittsburgh, Penn.-based Hyliion seeks manufacturing space, while Danger!Awesome of Cambridge is looking to expand. Hyliion is creating an add-on hybrid module for tractor-trailers that will reduce fuel consumption by 30 percent with a payback of under a year. Danger!Awesome offers laser cutting and engraving and 3D printing services. Both companies won awards during MassChallenge, and Michitson wants to lure them to Haverhill. He also wants Haverhill to host the state’s second MassChallenge satellite innovation center.

“I’m hoping that Mayor (James J. Fiorentini) will lead a Haverhill contingent in November to make a more formal pitch to MassChallenge. We need a strong proposal to make it happen, such as being MassChallenge’s focal point for startups in Merrimack Valley and Southern New Hampshire, including Portsmouth, which has many startups and small emerging businesses,” Michitson wrote in an email to Transformative Development Initiative (TDI) fellow Noah Koretz, a MassDevelopment employee on loan to the city.

Michitson said he attended the ceremony with Koretz and Lightspeed Manufacturing CEO Rich Breault. MassChallenge helps link startup companies with the resources they need to develop and grow. MassChallenge does not take equity or place any restrictions on the startups it supports.

Source: www.whav.net

Hyliion is creating an add-on hybrid module for tractor-trailers that will reduce fuel consumption by 30 percent with a payback of under a year. Danger!Awesome offers laser cutting and engraving and 3D printing services. Both companies won awards during MassChallenge, and Michitson wants to lure them to Haverhill. He also wants Haverhill to host the state’s second MassChallenge satellite innovation center.