Massachusetts Unique Assets

(Source: MassTLC)
Smart Talent
• 155 Colleges and Universities
• 445,000 students in undergraduate
& graduate degree programs today
• An estimated 1.5 million graduates during
the next ten years

Second Largest Cluster of

Venture Capital on the Planet
• 231 Active VC firms in the Commonwealth

Established Technology
Innovation & Leadership
Massachusetts is home to world-class leaders
in these growing technology markets:
• Ubiquitous Computing
–Mobile Applications
–Broadband and Web Infrastructure
–Software-as-Service, Cloud Computing
• New Media and Publishing:
–Online Video
–Marketing and Social Media Software
• Web-Driven Productivity
–Business Analytics / Workflow
–Healthcare IT
• Life Sciences, Biotechnology & Pharma
• Cleantech, Energy Efficiency/ Conservation
& Green services
• Robotics
• Other innovations to come.

Density
• 178,000 digital economy workers today
• Each IT job creates 1.63 incremental jobs,
representing another 290,000 positions

Massachusetts: THE New Economy State

• #1 Overall Ranking in 1999, 2002, 2007 & 2008
Kaufman Foundations Surveys
• High Marks for Innovation Capacity, Knowledge Jobs,
Digital Economy Transformation,
Economic Dynamism, Globalization