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Daily Update 10/27: Governor's Economic Summit

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Governor’s Daily Update
Schools, Jobs, and Civic Engagement
Tuesday, October 27, 2009

 

Today: Tuesday, October 27, 2009

 

  • Today, Governor Patrick convenes the Economic Summit at the Boston Federal Reserve Bank.

 

Economic Summit by you.

Governor Patrick leads a panel discussion with leaders from business, education, and the non-profit community at the Economic Summit at the Boston Federal Reserve Bank today.

In the Press:

 

  • Governor’s Economic Summit – Today, Governor Patrick convened nearly 150 corporate, education, and non-profit leaders along with state officials for a day-long Economic Summit at the Boston Federal Reserve Bank to discuss how Massachusetts can best define its recovery, and collaborate on solutions to the state’s challenges. “The question today is how do we rebuild together,” said Governor Patrick in his remarks. “I want to seize the moment to work with you to make sure that every region of our Commonwealth, every segment of our population and every neighborhood in every community has the best possible chance at recovery.” Governor Patrick highlighted a 4-pronged growth strategy based on innovation, education, infrastructure and regional clusters. Topics for the day’s panels included how to compete effectively for federal funds, how to improve access to capital, and what the state can do to aid business expansion.  Learn more about the Economic Summit here.
  • Read more in the Associated Press here and here.
  • Listen for more on WBUR.

 

  • Massachusetts Recovery - As part of his Massachusetts Recovery Plan to secure the state’s economic future, Governor Deval Patrick yesterday released a list of 33 priority projects, worth more than $165.6 million, that the Patrick-Murray Administration is proposing to fund in the second round of highway investment under the American Recovery and Reinvestment Act (ARRA).  The broad range of projects are spread throughout the Commonwealth and achieve Governor Patrick’s goal of creating short and long-term jobs, sustained regional economic growth and stronger communities and transit across Massachusetts. “These projects put stimulus money and Massachusetts people to work," said Governor Patrick. "This administration is all about investing in our future, and these funds help.” Learn more here.

 

 

  •  Commitment to Clean Energy – Yesterday, the U.S. Deptartment of Energy issued its first “transformational” energy technology grants under its new Advanced Research Projects Agency-Energy (ARPA-E) program, funded by the American Recovery and Reinvestment Act. Massachusetts was the greatest beneficiary, capturing 6 of 37 awards. Massachusetts companies and research institutions were awarded $33.3 million out of $151 million nationwide. Additionally, Massachusetts received the single largest award to a research institution – $6.9 million to M.I.T. for research on all-liquid metal grid-scale battery that can provide for low cost, large scale storage of electrical energy. These awards highlight Massachusetts’s strength in clean energy entrepreneurship and the Patrick-Murray Administration’s commitment to investing in clean energy industries and research. “We won, just yesterday, more clean tech grants from the Department of Energy than any other state, further recognition of the strength of that growing sector,” said Governor Patrick at the Economic Summit this morning.
  • Read more in the Boston Business Journal and Xconomy.com.

 

This Week:

  • Sunday evening, Governor Patrick and Lieutenant Governor Murray met with advisors and staff to discuss the FY ’10 budget.
  • Yesterday afternoon, Governor Patrick attended a legislative leadership meeting at the State House.