Gov. Charlie Baker announced the four-year MassTech grant, which will fund the university’s new Printed Electronics Research Collaborative (PERC), before a standing-room-only crowd at the Mark and Elisia Saab Emerging Technologies and Innovation Center on Jan. 13.
The grant is the third of its kind awarded by MassTech’s Collaborative Research and Development Matching Grant Program, a $50 million capital fund created in 2012 to support research projects that spur innovation, cluster development and job growth. Matched by $12 million in industry support, the grant will outfit laboratories and research space at the Saab Center, home of the Raytheon-UMass Lowell Research Institute (RURI).
Raytheon is one of the founding members of the collaborative, along with Rogers Corp. of Burlington, SI2 Technologies of Billerica, MicroChem of Westborough, Triton Systems of Chelmsford, MC10 of Cambridge and FLEXcon of Spencer.