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Conference 7.286::digital

Title:The Digital way of working
Moderator:QUARK::LIONELON
Created:Fri Feb 14 1986
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:5321
Total number of notes:139771

1455.0. "Discounts for new Mass. companies" by SDSVAX::SWEENEY (Enterprise Integrator from Hell) Thu May 02 1991 20:25

Copyright � Dow Jones & Co. 1991
Source: Press Release News Wire
    
    Headline:  DIGITAL EQUIPMENT ANNOUNCES GRANT PROGRAM FOR BAY STATE
    ENTREPRENEURIAL FIRMS
    
Time: MAY 01 1991 1445


Story:

  BOSTON, Mass., May 1 /PRNewswire/ -- Start up companies in Massachusetts 
will be getting a boost from legendary start up, Digital Equipment Corporation 
(NYSE: DEC) which today announced grants of 40 percent to 50 percent of list 
price for computer equipment, software and services.

  Digital's Entrepreneurial Grant Program is the first private sector 
initiative in the Commonwealth's drive to encourage public/private 
partnerships designed to stimulate economic development.

  Under Digital's grant program, all of its products and services will be 
offered with a 40 percent grant, with personal computers and workstations 
offered with a 50 percent grant.  The grant will be offered on a one-time 
basis to start up companies incorporated in Massachusetts between May 1, 1990 
and June 30, 1992.

  Commenting on the program at a Beacon Hill press conference today, Digital 
President Kenneth H. Olsen said  "It is the role of entrepreneurs to develop 
new ideas, new products, new approaches. Computers can help speed this process 
by freeing the entrepreneurs to focus on their uniqueness whether it's a 
construction company or a new retail store.

  "In Massachusetts, with the vast numbers of software developers, the 
computer itself is often essential to the new idea.

  "Taking risks is important", Olsen continued.  "Our program helps reduce 
part of the risk by making an essential tool like computers more affordable 
then ever.  Computers can make start ups successful faster, and might also 
create new ideas once in the hands of the entrepreneur."

  Digital, which was started in 1957 with three employees in a woolen mill in 
Maynard, Mass., has grown to be the second largest employer in the state, and 
is the 30th largest industrial corporation in the United States according to 
the Fortune Magazine ranking. 1990 sales were nearly $13 billion.

  The company offers a large choice of products for general businesses, 
professional practices, engineering firms and research organizations ranging 
from industry standard personal computers and advanced engineering 
workstations to mainframe and supercomputer systems.

  Applications software, networking products and consulting and warranty 
services from Digital are also included in the grant program. Digital also 
offers a variety of payment options including leasing. Restrictions will apply 
to resale of products acquired under this program.

  Additional information on this program is available by calling 
1-800-332-4568.

  /CONTACT: Joseph D. Codispoti of Digital Equipment Corporation, 
508-493-6767; or Joe Roy of Creamer Dickson Basford, 617-737-6900,  for 
Digital/
categorySubject N/SML N/CMY
categoryGeographic R/MA
categoryCompany DEC
T.RTitleUserPersonal
Name
DateLines
1455.1BUNYIP::QUODLINGBig Bunny Foo-Foo!Fri May 03 1991 11:525
Only in Mass? As I said before, we are looking more and more parochial, It's
that Mom and Pop Computer Outfit in Maynard up to it's old tricks.

q

1455.2NOTIME::SACKSGerald Sacks ZKO2-3/N30 DTN:381-2085Fri May 03 1991 14:527
In case you hadn't noticed, the Massachusetts economy is on the rocks.
There's a high-tech brain drain from the area.  Since DEC does a lot
(most?) of its engineering in Massachusetts, this hurts the company.
This move should give us great publicity, loyal customers, and a better
economic environment for the heart of the company.  It simply doesn't
make as much sense for DEC to offer a discount to startups in Idaho
as it does in Massachusetts.
1455.3RICKS::SHERMANECADSR::SHERMAN 225-5487, 223-3326Sat May 04 1991 00:115
    Besides, what better way to leave Digital than to go to work for a
    startup in Mass with equipment that is already familiar and a boss
    that's happy with your former employer?
    
    Steve
1455.4CVG::THOMPSONSemper GumbySat May 04 1991 00:2516
    RE: .2 Baloney! What difference does it make where the company is. If
    they grow up to be a Fortune 50 company and remember us for giving them
    a break who cares if they're in Idaho, India, Massachusetts, or Europe?

    Let's face it Massachusetts is not the only place with an economic
    crunch. There's New Hampshire to the North, Eastern Europe to the
    east, large areas of the Midwest US to the West and parts of south and
    central America to the south. Special treatment for Massachusetts seems
    unreasonably parochial to me.

    Besides, we're far too dependent on MA as it is. We've done some
    movement of engineering to the rest of the world but we've still got
    a ways to go. There are great minds outside of MA and we ignore too
    many of them.
    
    			Alfred
1455.5Perhaps your goverment needs to help?HERCUL::MOSEREastern? Western? It's all Discrete!Sat May 04 1991 19:0814
>   Digital's Entrepreneurial Grant Program is the first private sector 
> initiative in the Commonwealth's drive to encourage public/private 
> partnerships designed to stimulate economic development.

A cursory read suggests that the "Commonwealth" is somehow involved in this.
Has anyone researched the amount of "incentive" the state has provided for this 
program??  I would certainly have this information on hand before casting
aspersions on the motives of our fearless leaders...

I for one have half a mind to forward this idea to my state rep for a possible 
"look see"...  Certainly seems more productive than whining about all the places
where the program is not implemented.

/mlm (Missouri, USA)
1455.6BLUMON::QUODLINGBig Bunny Foo-Foo!Sat May 04 1991 23:388
     In support of .4...

	Isn't the parochialism that exists with Mass, and the egocentric
methods of management (both state governments, and largfe corporations,) What
got the state (or corporations) into the trouble that they are in now...

q

1455.7govt. contract impact?SMOOT::ROTHFrom little acorns mighty oaks grow.Sun May 05 1991 00:386
Hey, don't our contracts with govt. agencies (state and federal) say that
DEC has to offer gear to them at a price that is as good as DEC's best
discounts? Will the policy described in .0 cause us to have to further
discount our prices to existing govt. customers?

Lee
1455.8COVERT::COVERTJohn R. CovertSun May 05 1991 10:194
No, what got the Commonwealth of Massachusetts in the shape it's in now
is the "tax and spend, tax and spend" mentality of the Dukakis administration.

But that's a discussion for another conference.
1455.9Gotta meet the conditionsCOVERT::COVERTJohn R. CovertSun May 05 1991 10:216
GSA contract requires the best discounts at the same conditions.

So, if the Feds open a new agency in the Commonwealth of Massachusetts,
they can get the discount.

/john
1455.10New York Times StorySDSVAX::SWEENEYAgain, before the AreopagusSun May 05 1991 23:0730
Big Computer Discounts, Courtesy of Arnold Cohen
� New York Times May 5, 1991, Claudia H. Deutsch

Arnold Cohen, the Digital Equipment Corporation's sales manager for the Boston
Area, likes his job.  And he's good at it.  Although the computer maker as a
whole has been posting sluggish results, its sales in Boston are holding up
nicely.

But Mr. Cohen hates it when small businesses routinely bypass Digital because
of the company's reputation for preferring large customers.  And he hates
seeing the Massachusetts economy so stuck in the doldrums that few
entrepreneurs can afford to buy anyone's computer equipment.

So Mr. Cohen got an idea: Why not offer big discounts to local startups,
thereby pumping up the state economy and simultaneously creating a new - a
presumably loyal - customer base for Digital which makes its home in
Massachusetts.

Why not, indeed? Last week, Digital announced a program to be administered by
the Governor's office that will give anyone incorporating in the state between
May 1, 1991, and June 30, 1992, one time discounts of up to 50 percent.

To Mr. Cohen, 52, the program is less about making money now than about
"planting acorns".

"Big companies make their commitments to computer suppliers when they are
small", he said.  Already one lawyer called about equipment for his new firm.
"He told us he's originally planned to buy some mail-order PC clones, but
hearing about the program made him think of Digital," Mr. Cohen said with
delight.
1455.11truth in notingCSSE32::MERMELLWindow PainWed May 08 1991 20:2313
             <<< Note 1455.8 by COVERT::COVERT "John R. Covert" >>>

> No, what got the Commonwealth of Massachusetts in the shape it's in now
> is the "tax and spend, tax and spend" mentality of the Dukakis administration.


John, that's a half truth at best.
The Mass. share of the savings and loan bailout alone exceeds the state deficit.
That's a Reagan/Bush administration policy.  So's Star Wars, our attempt to
dump so much of our tax money into the ocean that the sea level rises and the
Russians drown.  Face it, conservative Republicans 'tax & spend' just as
much as liberal Democrats.  The question is which spending improves our
society and which spending impoverishes it.
1455.12Stay in Hawaii DukeASDS::CROUCHWARNING: No pessimists allowed!Thu May 09 1991 10:008
    No, I totally agree with John R. Covert. It is more than
    a half truth. The Duke is loathed in Mass. today. It will
    be a long time before we dig out of the morass he created.
    A generalization for sure, but most feel this way unless
    one is from Cambridge or Brookline.
    
    Jim C.
    
1455.13NOTIME::SACKSGerald Sacks ZKO2-3/N30 DTN:381-2085Thu May 09 1991 10:522
The political discussion of why Massachusetts is in trouble belongs in
SOAPBOX or the MASSACHUSETTS conference.
1455.14Is it possibleCSC32::D_SCHOENFELDFri May 10 1991 14:097
    Here's a question.......
    
    Could someone who took the buyout start a company in Mass. and receive 
    computer equipment from DEC for this company???
    
    Hmmmmmmmmmmm...........
    
1455.15BUNYIP::QUODLINGBig Bunny Foo-Foo!Fri May 10 1991 15:176
People who took the buyout, were able to buy COmputer Equipment at a
Supercheap  rates, as part of the package, as I recall..


q

1455.16CSSE32::RHINEA dirty mind is a terrible thing to wasteSat May 11 1991 08:496
    RE .-1
    
    People who took/got the buyout can buy unneeded, fully capitalized
    equipment (1 PC/1 Printer - probably their home equipment) at a bargain
    price.  May not be what is required to start a business.