For Immediate Release - October 22, 2012

GOVERNOR PATRICK PROCLAIMS INNOVATION WEEK IN MASSACHUSETTS

Welcomes innovative leaders from around the world to Boston

BOSTON – Monday, October 22, 2012 – Governor Deval Patrick today proclaimed October 22, 2012 – October 26, 2012 as Innovation Week in Massachusetts, highlighting how the state's growth strategy of investing in education, innovation and infrastructure has made Massachusetts a global leader in the innovation economy.

“Massachusetts is a global leader in the innovation economy and is excelling in transforming technologies and industries while pushing the boundaries of innovation to new frontiers,” said Governor Patrick. “This week, we are proud to welcome global leaders in marketing, technology, big data, healthcare, start-ups and entrepreneurship to share ideas and network here in Massachusetts."

“Massachusetts entrepreneurs are the creators, risk takers, inventors, and leaders of our economy,” said Lieutenant Governor Timothy Murray. “Our Administration continues to partner with the private and non-profit sector, academia, and government to build on the strength of our innovation economy and support business growth across the Commonwealth.”

Innovation Week features eight conferences, bringing thousands of people from around the world to discuss technology, marketing, healthcare and big data, making Massachusetts the destination for innovators around the world. These events showcase the unique programs and opportunities that distinguish Massachusetts and its position as the leaders in innovation globally. For more information, visit http://awesomeboston.org/innovationweek/.

Innovation Week events include: EmTech MIT, a new-technologies conference; the announcement of MassChallenge 2012 award winners; FutureM, a meeting of marketing and technology innovators; IDEAS Boston for leading innovators presenting their latest ideas; Xconomy Forum, exploring the future of big data; EU-US eHealth Marketplance for international leader in connected health; TiE Boston’s Best Practices on Global Innovation; and Boston Region Entrepreneurship Week, which will wrap up the overall entrepreneurial spirit in and around Boston.

The proclamation signed by Governor Patrick reflects the priorities laid out in the Patrick-Murray Administration's “Choosing to Compete in the 21st Century,” the Commonwealth’s long-term economic development plan, specifically the focus on the innovation economy. Through a number of initiatives, the Administration has provided support for the innovation sector of the Massachusetts economy.

The Administration’s support for the innovation economy includes a 10-year, $1 billion Life Sciences Initiative signed by Governor Patrick in 2008. Earlier this year, the Governor signed a Jobs Bill that includes $50 million for a Scientific Research and Technology Research and Development Matching Fund. The fund will establish a consistent pattern of state support for collaborative research and development, focusing on middle-skill jobs with the creation of the Advanced Manufacturing Futures Program to raise the profile of the industry with young people, and $4 million to the Smart Growth Housing Trust Fund to increase the production of housing and make housing more attainable for, and attractive to, young talent.

Going forward, the Administration will focus on new areas of innovation, including big data. In May, Governor Patrick created the Massachusetts Big Data Initiative, which will expand the Commonwealth’s position as a world leader in that sector. Currently, Massachusetts has more than 100 companies, employing more than 12,000 people in big data.

Big data, and the innovation economy as a whole, will take a step forward in November 2012, with the opening of the Massachusetts Green High Performance Computing Center in Holyoke. Constructed in concert with private business, five universities and the Administration, this project will support long-term growth and create a world-class facility to be used for research computing in the life sciences, clean energy and collaborative research.

Earlier this month, a University of Nebraska study ranked Massachusetts the top state for entrepreneurship for the second year in a row.

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