New Amherst investment company aims to ‘accelerate’ startup businesses

AMHERST — In multiplayer, online video games, providing currency and items of value in virtual reality can translate into making cash in the real world. And that’s exactly what Eli Bucher is banking on. The University of Massachusetts Amherst sophomore is part of a three-member team writing computer code that provides an opportunity to earn money through investments in these virtual markets. Bucher, a double major in computer science and business, is so confident in his abilities to capitalize on this burgeoning field that he has created a company called Jeffery. Only he needs some help — and money — to get the business off the ground. That’s why he’s considering applying for a mentorship with Kayon Accelerator, a new...

There’s an Antidote to America’s Long Economic Malaise: College Towns

OPELIKA, Ala.—Lee County, Ala., lost 7,000 jobs in industries from textiles to tires to fitness equipment when Chinese competition invaded America. Vacant storefronts dotted downtown Opelika, the county seat, and disability claims soared as older workers with limited skills struggled to find new jobs. Instead of merely surviving, though, Lee County is now thriving. Its unemployment rate of 4.7% in October was slightly lower than for the U.S. as a whole. Since 2001, the east-central Alabama county has added 14,000 jobs, five times the growth rate in the rest of the country. Why has Lee County been so resilient? One of the biggest reasons is that it is home to a major college town...

KAYON ACCELERATOR COMES TO AMHERST, MASS.

KAYON ACCELERATOR COMES TO AMHERST, MASS.

Amherst, Mass., December 12th, 2016 /PRNewswire/ -- Kayon Partners, in partnership with AmherstWorks, have launched The Kayon Accelerator located in downtown Amherst, Massachusetts.  The new entity will act as a nexus for new businesses and entrepreneurs, combining a range of in-kind services, hands-on help and a co-working location with an expert team focused on positively impacting the trajectory of early-stage businesses. Steve Garrow, Amherst College graduate and Managing Partner of Kayon Partners, added, “The support of the local community has enabled us to...