PwC's Northeast Emerging Company Services Practice Moves to Cambridge Innovation Center

Local Tech and Life Sciences Start-Ups Gain On-Site Access to PwC Professionals and Resources

News provided by

Nov 10, 2010, 02:28 ET

CAMBRIDGE, Mass., Nov. 10, 2010 /PRNewswire/ -- PwC US is relocating its Northeast Emerging Company Services (ECS) practice to the Cambridge Innovation Center (CIC), the region's largest office incubator for growing technology and life science companies. The move will embed PwC partners and professionals into the CIC, enabling easier access to PwC people and resources for more than 300 emerging technology and life sciences companies that call the facility home.

(Logo: http://photos.prnewswire.com/prnh/20100917/NY66894LOGO )

(Logo: http://www.newscom.com/cgi-bin/prnh/20100917/NY66894LOGO )

"The CIC is thrilled to host PwC's Emerging Company Services group," said Timothy Rowe, CEO of the CIC. "PwC's presence at CIC can help growing area companies realize their vision from start-up through maturity. Technology and life science companies are the backbone of the local economy in Cambridge and across the region, and many of Greater Boston's biggest employers began as local start-ups. "

"The needs of start-ups are different than those of larger companies," added Kevin Shaw, PwC partner and Cambridge office leader of the ECS practice. "Our ECS team is committed to offering specialized services to assist emerging companies in reaching their next stage of market success, thus contributing to the vitality of the local economy."

A number of new companies have recently established operations at the CIC, including CommonAngels, Boston's largest network of private technology investors.

"It's valuable to have a high-quality partner such as PwC," said James Geshwiler, Managing Director at CommonAngels. "PwC's access across technology markets helps startups answer important business questions as they grow."

About the PwC Network

PwC firms provide industry-focused assurance, tax and advisory services to enhance value for their clients. More than 161,000 people in 154 countries in firms across the PwC network share their thinking, experience and solutions to develop fresh perspectives and practical advice. See www.pwc.com for more information.

© 2010 PwC. All rights reserved. "PwC" and "PwC US" refer to PricewaterhouseCoopers LLP, a Delaware limited liability partnership, which is a member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate and independent legal entity.

SOURCE PwC