Economic & Business Development Resources
The University of Massachusetts Boston supports the economic well being of the Greater Boston region in numerous ways. Nearly 80 percent of UMass Boston graduates still reside in the commonwealth, helping to build the state’s workforce and grow the innovation economy.
UMass Boston’s impact in Massachusetts can be seen from a variety of measures:
- The university’s annual economic impact on the commonwealth is $619 million, according to the UMass Donahue Institute in 2010.
- UMass Boston employs nearly 2,500 full- and part-time faculty and staff.
- With more than $51 million in research funding, UMass Boston has made a concerted effort to focus its energies on developing cutting-edge technology, creating a business incubator for early stage companies, and partnering with the business community.
- Implementing the university’s 25-year master plan, UMass Boston has begun construction of its first new academic building in 40 years, the $155 million Integrated Sciences Complex. The project marks the first of what is expected to be more than $500 million in construction activity over the next decade.
Here is list of the key programs that the university offers to assist in economic development:
- The Greater Boston Manufacturing Partnership (GBMP)
- The Massachusetts Small Business Development Center Network (MSBDC)
- The Venture Development Center
Information on additional community resources is available from the Office of Community Relations.