Massachusetts Executive Office of Economic Development (EOED)

I’m thrilled to support the #MassLeadsACT economic development bill and am telling everyone I can about its critical role. Strengthening #Massachusetts position in #lifesciences, #climatetech, #advancedmanufacturing and #AI depends on continued investment which is why this bill is so essential. The proposed legislation includes a $1 billion investment over the next decade, revitalizes the Life Sciences Tax Incentive Program, reinvests in the Massachusetts Life Sciences Center, and more. Massachusetts Executive Office of Economic Development (EOED)

Have you heard about about #TeamMA? We are a group of #AI aficionados who believe that Massachusetts is the best AI ecosystem in the world for AI founders and especially for people who want to develop ethical AI that helps solve societal-level problems. Agree? Join us! https://lnkd.in/ePrNvxvu And in the meantime, see if you can find the 6 things I changed on Rosie the Riveter to make her look more like me and to be in the Team MA brand... Paul Baier | Amanda Goodwin, MFA | John Werner | Yvonne Hao | Adam Towvim | Sara Fraim | Megan Marszalek | Beth Porter

I am proudly Team Massachusetts and now, thanks to Secretary of Economic Development Yvonne Hao and Undersecretary Sarah Stanton, have the official state-issued bracelet to prove it. Sec. Hao and the Healey-Driscoll Administration are poised to reauthorize the $1 billion/10-year Life Sciences Initiative 3.0. Since its first iteration in 2008, Massachusetts has: ✅ 110% life sciences industry employment growth (18 of the top 20 global pharmaceutical companies are now based here). ✅Scaled to ~30% of US life sciences venture capital funding. ✅Become home to ~15% of the US drug development pipeline. ✅Grown lab space by ~250% since 2010, with more than 60 million square feet in 2023. ✅#1 in National Institutes of Health awards per capita (2022). It was wonderful discussing how healthcare innovation, equity and access are central to continued industry growth. Massachusetts is fortunate to have leadership that believes wholeheartedly in innovating for job creation and, most importantly, patients. cc: Massachusetts Executive Office of Economic Development (EOED) #ArdelyxProud

The Mass Leads Act aims to strengthen Massachusetts’ global leadership and expand opportunity in our state now and for a generation to come. Massachusetts Biomedical Initiatives (MBI), a key anchor to Central Massachusetts and the entire Commonwealth's life sciences ecosystem, has been supported by the MLSC enabling MBI to triple the capacity of the incubator’s facility, expand its workforce programming, and advance its cluster building activities. The next iteration of the Life Sciences Initiative can help ensure the benefits of the life sciences continue to be shared across Massachusetts. #WhyMassLeads #WhyLifeSciences

In Massachusetts, we have a long history of collaboration between state government, academia, and industry that has made the Commonwealth the #1 place in the world for life sciences. With the #MassLeadsAct, Massachusetts can lengthen our lead in delivering here locally for the economy and globally for patients who turn to us with hope for a cure. Thank you to the House for taking it up this week. We look forward to it getting through the Senate and to Governor Healey’s desk soon so that Massachusetts can continue to be the State of Possible. #MassLeadsAct | Massachusetts Executive Office of Economic Development (EOED)

Central Massachusetts is competing to become a global #biomanufacturing hub, and we are grateful that the #MassLeadsAct will help us reach this goal. Check out what our President & CEO Jon Weaver has to say about the proposed act. Massachusetts Executive Office of Economic Development (EOED) Massachusetts Life Sciences Center #bio #bioindustrial #manufacturing #biofoods #biofuels #biomaterials #therapeutics #drugdevelopment #workforcedevelopment #regionalgrowth

Today, we celebrated 28 MA companies driving transformative change in clean energy and sustainability. Their dedication, aligned with Governor Healey's proposed $1 billion investment for climatetech in #MassLeadsAct, continues to position us as a leader in the green economy.

Massachusetts Technology Collaborative and the Massachusetts Broadband Institute are on a mission to ensure that every resident has high-speed internet. Join the “How’s Your Internet?” initiative and take a quick speed test online at HowsYourInternet.org. Your feedback will help deploy funds to areas in need. Let's bridge the digital divide together!

Coastal regions drive economic growth in our state. Last week, we celebrated Newburyport's Central Bulkhead Project funded by the Seaport Economic Council and highlighted how the #MassLeadsAct’s $100M investment in the Council will enhance coastal assets in MA.

Secretary Hao is repping Celtics pride at SelectUSA, showcasing our talent on the global stage! International partnership is key to growing our life sciences, tech, and clean energy sectors – we’re grateful for the opportunity to show why our state is an innovation epicenter.