is now

Muninsight

Customer demand has made us focus on the US energy market. And due to customers arriving from other parts of Northern Europe, we no longer focus solely on Danish customers. For those reasons, the name Boston Denmark Partnerships no longer applies, and so we have a new website: Muninsight

Boston

Danske vindmøller en god forretning for amerikansk by nær Boston

Malcolm Brown er en pensioneret professor i oldtidskundskab og en stor fan af Johan Nicolai Madvig. Som medlem af byrådets elektricitetsudvalg i Hull, lige uden for Boston, USA, var han en hovedperson bag installeringen af den første vindmølle på den amerikanske østkyst i 2001. Det drejer sig om en 0,66MW Vestas turbine, og Brown dokumenterer regelmæssigt dens produktion af kWh siden da på hjemmesiden http://hullwind.org.

Malcolm Brown

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MIT celebrates 150 years' anniversary

This year MIT, the Massachusetts Institute of Technology, celebrates its 150th anniversary.

It can look back on a tremendous history of innovation stretching at the very least over the radar and atomic bomb work during World War II, participation in the development of the internet, and the current development in biotech.

MIT 150 Year Anniversary Media Lab View

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MIT Energy Club visits EnerNOC

MIT's Energy Club organizes occasional trips to interesting companies in the Boston area. On Friday 11 February 2011 we visited EnerNOC, a company that manages energy for utilities, industrial customers, and institutions such as MIT itself.

EnerNOC's main revenue derives from its demand response management. When utilities approach the limits to their capacity, which typically happens on hot summer days, they need to act to prevent blackouts. They can increase capacity but they can also pay EnerNOC to reduce the demand.

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Join us at the 17th Annual International Business Forum & Networking Evening - Global Trade & Economic Outlook

Join us at the 17th Annual International Business Forum & Networking Evening - Global Trade & Economic Outlook: Implications for international business in the year ahead.

For more information, see:

http://www.mass.gov/export/events.htm#networking

http://www.gbane.org

Palle Pedersen from Boston Denmark Partnerships will be available at the event to talk more about doing business in and with Denmark.

 

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- Accounting, financial management and operational support: All important elements when embarking upon a business in the US

Danish and other companies looking to enter the US market, will need support with bookkeeping, back office work, accounting and financial management. This entry will sketch out some of the options available to them in the Boston area.

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- Understanding the IT and software industry in the greater Boston area

In many places around the world, and certainly in Denmark, when people think about entrepreneurship and software in the US, they think Silicon Valley. However, there is action to be found elsewhere too.

The greater Boston area has a large number of IT start-up companies, as does Austin, Texas, and to a lesser extent the Research Triangle in North Carolina. According to a report by the Boston Consulting Group (a copy may be found here: http://www.box.net/shared/jz7kp8ceuz), Austin's clout in this area is due to its SXSW, an annual marquee music, film and technology event drawing 210,000 attendees and 21,000 key industry reps.

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- Boston: The center of a vibrant Life Sciences cluster

The Life Sciences cluster that has its center in Boston, Massachusetts, is one of the largest and well established centers for biotechnology and medical device research and development. 7% of the world’s pipeline for new drugs is being developed in Massachusetts and the industry is comprised of approximately 600 biotechnology companies, 475 medical device manufacturers and 75 pharmaceutical companies employing 75.000 people.

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- F&L: Royalty-based lending

In the current economic climate, companies find it hard to finance their growth.
Foley & Lardner, a law firm with an office in Boston flags up royalty-based
financing as an innovative vehicle for raising capital.

At its simplest, royalty-based financing lends against the company’s future
revenue stream. Instead of purchasing an equity interest in a company, the
investor lends the company a set amount of funds, just like a regular loan.
Repayment, however, can be structured in a number of ways in order to suit both
borrower and lender. The borrower could make repayments amounting to a
percentage of the company’s revenue stream over a period of time. Or the loan

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- Creating transparency in a complex environment

The US market can be a complex and closed environment for foreign companies – an environment where companies often struggle to succeed. At Boston Denmark Partnerships we make it our top priority to create transparency by sharing knowledge, experience, and important information to assist Danish and European companies in navigating this new and alien context. The information provided here can jump start a company’s market entry.

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