06/04/2017

AXELERA AND GREATER LYON ECONOMIC DEVELOPMENT AGENCY ADERLY SIGN LETTER OF INTENT WITH GREENTOWN LABS, A MAJOR US CLEANTECH INCUBATOR

Axelera and the Greater Lyon Economic Development Agency (Aderly) recently signed a letter of intent with Greentown Labs, the largest cleantech incubator in the United States. The letter of intent is part of Greater Lyon’s strategy to strengthen economic ties with the city of Boston.

The letter of intent was signed at Greentown Labs in Boston suburb Somerville, MA during a workshop for the 20 startups competing in the international Big Booster program in which Lyon and Boston are already engaged. The letter was signed before a delegation of Greater Lyon representatives, including Greater Lyon’s Secretary for Digital Affairs Karine Dognin Sauze, business and cultural leaders, and members of FrenchTech.

The purpose of the partnership is to encourage exchange programs between startups from Lyon and Boston. “Specifically, cleantech startups from one city would benefit from stays of several weeks in the other city to gather the information they need to penetrate the European or North American markets,” said Cédric Grignard, Director, Technology Business Unit, Aderly.

Lyon-based startups will be hosted at Greentown Labs in Boston. In Lyon, a variety of partners would host Boston-based startups. Bel Air Camp could provide space, Axelera support with networking, and the Axel’One platform access to lab equipment, for example.

The partnership will, of course, support startups. However, it will also promote economic development. A Boston startup that builds a network in Lyon will be more likely to open an office in Lyon when it is ready to address international markets. And attracting US businesses to Lyon will create local jobs.

Axelera would also like to boost its cleantech know-how. “We would like to see what other organizations are doing. But we also hope to find new partners for innovative joint projects,” said Axelera representative and Teclis Instruments CEO Séverine Besson-Thura, who attended the signing. French Cleantech founder Albin Jourda said: “The partnership makes sense for both cities. Lyon and Boston have a lot in common. Both are known as leading cleantech centers. For cleantech startups, access to both ecosystems is crucial. This partnership will help startups make those connections.”