Why Greater Boston?
Massachusetts is a global leader in clean energy, biotechnology, engineering, higher education, finance, and maritime trade. As the number one state for education, the strong foundation of talent and knowledge makes Massachusetts an economic powerhouse and a progressive, innovative state for the many industries that make up its economic landscape. Massachusetts ranks as one of the best states to live and visit, and easily accessible to Europe, making it an east coast gateway for foreign businesses.
The Massachusetts Ecosystem
Massachusetts’ progressive clean energy, innovation, and education policy environment and unique concentration of research and development, universities, innovation, and startup excellence have created the ideal environment for the world’s leading corporates, academics, and innovators to thrive. The state has set the gold standard for energy efficiency and ranks first in Bloomberg’s Innovation Index, as well as in per-capita early-stage clean energy venture investment, and the number one state in the US by U.S. News & World Report. Boston has been named the most energy efficient city in the nation four years in a row and is the number one city for startups according to the U.S. Chamber of Commerce.
Clean Energy in Massachusetts
The Massachusetts clean energy sector now employs more than 109,000 workers across the Commonwealth, up by 81% since 2010. Clean energy is an $11.4 billion industry in Massachusetts and represents 2.3 percent of the overall Massachusetts economy.
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