2.2 Build and retain talent for the innovation economy (two action items)
2.2.1 Increase by 20% annually over the next five years the number of internship placements made by multi-school, multi-employer internship programs, building on the examples of programs currently run by the Greater Boston Chamber of Commerce, the Federal Reserve Bank of Boston, Mass Technology Leadership Council, the Massachusetts Marketing Partnership, the Massachusetts Clean Energy Center and the Massachusetts Life Sciences Center, as well as newly proposed programs such as the Massachusetts Startup Fellows Program. The internship programs should, in particular, focus on facilitating the flow of young students into young companies to help them integrate into the local innovation economy.
Contact: Eric Nakajima
Launched the MassTech Intern Partnership, a public-private partnership generating tech sector internship opportunities. Created as part of the Jobs Bill legislation that was passed by the Legislature and signed by Governor Patrick in 2012, the Intern Partnership’s goal is to capture more of the outstanding talent that passes through Massachusetts universities and colleges into the state’s tech sector. The Intern Partnership is targeted to growth areas within the tech sector, including big data, robotics, health IT, digital gaming, e-commerce, and mobile communications.
MassTech accepts online applications from students and tech sector companies, matching them through a portal at www.masstech.org/intern. MassTech will provide a stipend of up to $4,800 to each eligible company that hires an intern through the Partnership. Matching funds are required from participating companies, and there is a maximum of 2 intern stipends per company.
- Companies must qualify as a Massachusetts tech sector company with fewer than 500 employees.
- Intern candidates must either be enrolled students or recent graduates of a Massachusetts college/university, or must be Massachusetts residents who are current students or recent graduates.
- Qualifying veterans of post-9/11 conflicts and qualifying applicants enrolled in the Guard and Reserve are encouraged to participate.
- $750,000 was allocated for the Talent Pipeline at Mass Technology Collaborative to provide a matching grant program aimed at increasing the number of tech sector internships to help them integrate into the local innovation economy
2.2.2 Increase the production of rental apartment housing available in communities and regions of high market demand over the next five years, especially in or near locations with high levels of innovation and entrepreneurial activity, with the goal of significantly reducing the premium in rents between Massachusetts and the states with which we compete most directly for talent in our key industry clusters
Contact: Arthur Jemison
- Under the I-Cubed Program, Assembly Square project received $34 million – groundbreaking took place in April 2012. The first phase includes 195 units of rental and homeownership units. In total, there will be 2,100 rental and homeownership units constructed, in addition to 1.75M square feet of office space, 1.15M square feet of retail, a new hotel and a new MBTA orange stop.
- City of Boston announced that over 300 housing units will be constructed by 2015. Of the 300 housing units, 230 units will be offered as rental housing.
- Department of Housing and Community Development announced the Housing Development Incentive Program. This program, eligible to Gateway Cities, supports the revitalization of housing units through state tax credits.
- Secretary Bialecki met with NAIOP’s Multifamily Housing Committee to discuss workforce housing challenges and opportunities in Massachusetts.
- Governors’ Institute on Community Design and the Patrick-Murray Administration hosted a two-day workshop on Workforce Housing and Economic Competitiveness in Massachusetts. Over 60 stakeholders, including five state agencies, quasi-public agencies, developers, housing advocates and municipal and regional representatives, participated in the workshop. Stakeholder feedback will be incorporated into the Administration’s focus on workforce housing.
- The Executive Office of Housing and Economic Development launched the Administration’s Housing that Works website. In addition, a Housing that Works twitter account was launched. Tweet us @MAPlanningAhead!
- Governor Patrick Outlined Initiatives Designed to Increase Housing in Massachusetts, Sets Statewide Goal of 10,000 New Multi-Family Units
- Recapitalized 40R and expanded 43D for residential.