Keva Health Wins COVID-19 Connect Tech Innovation Challenge

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WESTBOROUGH, Mass. — On Friday, April 9th, 2021, a panel of  judges declared Keva Health of Lexington the winner of the Massachusetts COVID-19 Connect Tech Innovation Challenge, a competition focused on entrepreneurs and startups working on innovative solutions to enhance resiliency and guard against potential future disruptions in industries like ecommerce, manufacturing, digital health, FinTech, and EdTech.
 
Keva Health, developers of a remote monitoring platform to help physicians treating asthma patients and an app for patients to better manage their condition, was awarded $40,000 to continue developing their business. Thrive Community of Boston, developers of software to help family caregivers stay better connected with their loved ones, was selected as the runner-up and will receive the $10,000 second place prize.
 
"We learned a lot from the organizers and our fellow participants in the COVID-19 Connect Tech Challenge, so to come out of this competition as the winner is a great honor to us and our company," said Jyotsna Mehta of Keva Health. "This award sets us up to better help those managing respiratory conditions, not just in Massachusetts, but across the country and world."
 
Keva Health is also a participant in the Massachusetts Digital Health Sandbox program, aimed at helping Massachusetts healthcare technology startups test and validate their products. Keva has worked with the TechSpring innovation center at Baystate Health in Springfield, where they are piloting a project with asthma patients in the Baystate system. 
 
The winning companies were announced by Housing and Economic Development Secretary Mike Kennealy, highlighting the importance of innovation as Massachusetts recovers from the economic impacts of the COVID-19 public health crisis.
 
"In the year since the launch of the COVID-19 Challenge series, we've been overwhelmed by the ingenuity and entrepreneurial spirit that make Massachusetts a global leader in innovation and technology," said Housing and Economic Development Secretary Kennealy. "The Baker-Polito Administration has been a proud supporter of the Challenge series, and we applaud all of the participants and winners who are illustrative of the strength and dynamism of the Commonwealth's science and technology sectors."
 
Launched in June 2020, the Challenge series builds on the successes of the Massachusetts Manufacturing Emergency Response Team (MERT), which was tasked with supporting the Commonwealth's manufacturers as they pivoted their operations to produce PPE and other critical items in response to the COVID-19 public health crisis. The Challenge series competitions are managed by Lever, a North Adams-based startup accelerator and innovation network, and are funded through a $250,000 grant from the Innovation Institute at the Massachusetts Technology Collaborative, the state agency that also manages the MERT.
 
"Programs like the COVID-19 Challenge series are a key part of MassTech's mission to support tech and innovation in Massachusetts," said Carolyn Kirk, executive director of the Massachusetts Technology Collaborative. "The MERT was a direct response in the early days of the pandemic, which led to the launch of the Challenge program as a way to get more homegrown companies producing innovative, solution-focused products."
 
"I was thoroughly impressed by our finalists throughout Lever's accelerated program, and their pitches reflect the incredibly innovative work they're doing," said Lever Executive Director Jeffrey Thomas. "The Lever team has enjoyed working with so many innovators since we began working with MassTech on the COVID-19 Challenge series in 2020. We're already seeing some of their products and services getting strong traction in the market."
 
Profiles of the six finalists can be found on Lever's website.
 
In addition to Keva Health and Thrive Community, the four other finalists included:
 
Omnistrat, Concord;
Edgi Learning, Stockbridge;
Outside Interactive, Hopkinton; and
Polis, Cambridge.
 

Tags: entrepreneurs,   lever,   

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Greylock Federal Joining Credit Union Collaborative

By Tammy DanielsiBerkshires Staff
PITTSFIELD, Mass. — Greylock Federal Credit Union is moving some of its back-office operations to a collaborative network but says customers shouldn't see any difference. 
 
This is expected to affect a percentage of employees over the next two years. 
 
"This is a group of credit unions sharing operational resources," said President and CEO John Bissell on Tuesday, adding these include informational technology, areas of lending and quality that are more "business to business" aspects of the credit union's operations. 
 
Greylock will join with three other credit unions in what is called a credit union service organization, or CUSO, which will allow more resources for collaboration and problem-solving. 
 
"I expect that number will grow in the years to come and this CUSO has been operating for 10 years," Bissell said. "We could see it growing to eight."
 
It doesn't mean the credit union is closing or merging with any other entity, he stressed.
 
"The intention is that we want to stay independent," he continued, and by sharing some costs, "over the years, we can invest more into enhancing the member experience. ...
 
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