Massachusetts #1 in Innovation…Again!

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Massachusetts #1 in Innovation…Again!


ANNUAL INDEX OF THE

MASSACHUSETTS

INNOVATION ECONOMY

IN CASE YOU MISSED IT…
 
On March 1st, the Massachusetts Technology Collaborative launched the 20th Anniversary edition of the Index of Massachusetts Innovation Economy.  Last week, we joined innovation leaders at the Massachusetts State House, where our Executive Director Tim Connelly highlighted the key findings from the Index and noted how MassTech’s programs are helping drive critical areas for the innovation economy, including support for R&D infrastructure and talent development. 
 
The past twenty years of tracking these key economic indicators in the Index demonstrates that the Commonwealth’s enduring economic strength stems from our talented workforce and capacity for development of new innovations. The Index finds that despite the many challenges our economy has faced over the two decades, Massachusetts remains a global hub for new research and development in a wide range of industries. 
 
Below are some of the key findings from the Index and a link to download the full report.


2016 Index Highlights
 
Venture capital grew by 25% in 2015

Experienced steady 2.3% job growth

 
2nd highest overall level of R&D funding in the country in 2014

 
2nd in the LTS for Small Business Innovation and Research/Technology Transfer award dollars
 
2,698 STEM degrees per million residents
 
 
 
 
 
 
DOWNLOAD THE REPORT AT: MASSTECH.ORG/INDEX

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