Spencer Trask & Co. will be holding a startup competition starting in July that will award the winner $25,000 to locate a business in that part of the city
I can imagine that 25K going really fast once you pull up out of your apartment and set up a "real" office. The idea sounds half-baked to me. I'm in the Boston area and would really like the startup culture to grow here, but I get the feeling that our local government just doesn't get it.