Sunday, July 24, 2011

Startup Watch | May 2011

Today's new businesses are lean. Businesses less than a year old are hiring fewer employees than they have in years past.

"Not only are these businesses starting out smaller than their predecessors, they are staying smaller."
"We won’t fix our core unemployment problem in the United States until young businesses get back on track."

Details can be found in a new report from the Ewing Marion Kauffman Foundation entitled Starting Smaller; Staying Smaller: America’s Slow Leak in Job Creation [ press release | 20-page report ]

Startup Watch for May

Mass High Tech highlights startup companies each week in a series called "Five You Should Follow."

Here are 22 Massachusetts-based startup companies to keep your eye on:

[NOTE: Hover over company name to view a tooltip summary of that company's value proposition.]

» AcuityBio Corp. | Newton

» Aid Aide | Cambridge

» Alpinewerx, LLC | Cambridge

» Bioarray Therapeutics, Inc. | Boston

» Click Diagnostics, Inc. | Lexington

» CraveLabs | Tewksbury

» EmptyCabin | Watertown

» Enlight Biosciences LLC | Boston

» EveryFit, Inc. | Cambridge

», Inc. | Boston

» Junctions | Brookline

» Kaminario, Inc. | Newton

» Loxal Rewards | Cambridge

» Modo Labs, Inc. | Cambridge

» Noblegen Biosciences, Inc. | Boston

» NuOrtho Surgical, Inc. | Fall River

» RippleFunction | Boston

» Thermedical, Inc. | Somerville

» Transatomic Power Corp. | Cambridge

» Typesafe, Inc. | Cambridge

» UsTrendy, Inc. | Cambridge

» Zigswitch, Inc. | Cambridge

Five new startups are listed every Tuesday at Mass High Tech -- The Journal of New England Technology. Access Startup News for details. If your company was founded within the last three years, and would like to be considered for the Watch List, contact the Startup Watch editor.

Access previous Startup Watch lists:

[ NOTE: Follow Beantown Web on Twitter @webapprentices and comment on this article at Facebook by becoming a Fan of Beantown Web.