The Boston Globe from Boston, Massachusetts • 41

ONLINETODAYboston.combusiness fi. Ticker Local news updates II 1 Filter strategy and ideas l4T lnvestin9: Portfolio tracking VW E-mail: Stock alerts, company news Classifieds E5 The Boston Globe Monday, October 23, 2006 he train comes to JL Ground is being broken on the second phase of a massive project that includes a $70m Green Line station to replace the Lechmere stop I -1 ut Yi I -if I "Hfffi; I 1 NEOSCAPE INC. An artist's drawing of the new glass-and-steel NorthPoint at Lechmere Green Line stop, the focal point of a transit-oriented development in East Cambridge. A By Thomas C. Palmer Jr.

GLOBE STAFF SOMERVILLE NORTHPOINT DEVELOPMENT I he NorthPoint construction project, underway in East Cambridge, is I less a new development than a new small town: 5.2 million square feet Charlestown "(BOSTON) of buildings on 45 acres, 2,500 new residences, 20 buildings on 19 blocks, a 10-acre central park, and retail space with no telling how many Starbucks cafes. But urban communities need transit, and in the project's second Jw" Gyp-. IV Park Current location First phase (started) Second phase (completed in 2010) Future development Museum ofScience phase, which the developer is breaking ground on this morning, the will come to NorthPoint. Development manager Jones Lang LaSalle, a global real estate firm based in Boston that now includes the former Spaulding Slye, is building a sleek new $70 million MBTA station on NorthPoint property. When it opens in 2010, it will replace the Lechmere station, operating on the Green Line across Monsignor O'Brien Highway, an outdated facility whose name is a legacy of the neighborhood and a retail store that no longer exists.

For the time being, the new station will be called Lechmere at NorthPoint, although the developers, Pan Am Systems Inc. of Portsmouth, N.H., and Spaulding Slye Investments, would like to shorten it to NorthPoint. Placing the NorthPoint community adjacent to an MBTA station is consistent with the trend toward "transit-oriented development" which aims to reduce people's commuting times, combat high gasoline prices, and avoid more sprawl. Developments are planned along heavily used commuter rail lines in the roomy NORTHPOINT, Page E4 CAMBRIDGE 0 DETAIL AREA BOSTON BOSTON DAVID RYANGLOBt STAFF i i 500 FEET fil ORF STAFF MAP A construction worker walks the beams at residential buildings going up in East Cambridge. Battle taking shape over innovation grant fiinding Women creating their 'old boy's network' online I I 1 r-r i )i i i i I I fill Biotech lobby seeks to raise eligibility limit By Diedtra Henderson GLOBE STAFF WASHINGTON Olympic trainers have improved their athletes' performances and NASA pinpointed the muscles most affected by space flight with devices developed thanks, in part, to Small Business Innovation Research grants.

If biotechnology industry lobbyists have their way, small companies like Delsys, the Massachusetts firm that developed monitors that give muscle-by-muscle feedback to Olym-' pians and astronauts, might have a tougher time winning future grants. Federal agencies with research-and-devel-opment spending exceeding $100 million must devote 2Yi percent of their budget for research conducted outside the agency to innovation grants. From fiscal year 1983 through 2004, the program awarded more than $17 billion to more than 82,000 projects. Massachusetts-based small businesses, on average, receive $300 million in innovation grants each year. Changes proposed in Congress, however, could increase competition for that government seed money.

Right now only companies with up to 500 employees and up to 51 percent venture capital funding are eligible for the awards. New measures, still under consideration, would make small biotechnology companies with venture capital funding exceeding 51 percent eligible for the grants. That heartens the National Institutes of Health and the Biotechnology Industry Organization, among those lobbying Congress to loosen eligibility requirements. But that prospect worries Delsys, which has 18 full- and part-time employees and nearly 40 contractors, and whose technology would have faltered without infusions of government grants. US Senator John F.

Kerry, Democrat of Massachusetts, says he supports local biotech-FUNOING, Page E4 By Diane E. Lewis GLOBE STAFF Guys built the old boy's network on golf courses and at all-night poker games. Now, businesswomen can bond on an Internet site that offers discounted hair salons, chic jewelry, career services, teleseminars, and access to events tailored to their interests. The site, WFaces, is at That's the online version of Downtown Women's Club, a national business group launched in Boston eight years ago by Diane Danielson, 39, ofCohasset. Founded in April, DWFaces gets about 300,000 hits per month.

The site is an online water cooler for businesswomen who want to connect and share ideas while promoting their firms. In addition to a jobs board, they can take technical classes or study subjects like getting the most out of the Web, using volunteerism to advance a career or business, and conducting public relations online. Meeting online is no substitute for face-to-face DWFACES, Page E4 THOMAS COOPERGETTY IMAGES Gymnast Brian Lee holds on to the rings while being monitored by Olympic team doctor William Sands. BUSINESS FILTER PERSONAL TECH PAGE 2 Charging up Malleable Devices offers a universal sync charger Direct to video A new camera lets you upload your videos directly to Internet sites The virtual news Reuters staffs Second Life BLOGGER ANALYSTS CANDY FOR BIG MEDIA TOTAL RECALL? THE SKY IS FALLING.