From its world-class universities and hospitals, to its vibrant economy and broad base of support industries, Massachusetts has all the ingredients your business needs to thrive:

• One of the most highly-educated workforces in the nation. With 122 colleges and universities, Massachusetts has the highest concentration of educational institutions in the US and has produced half of all the Nobel Prize winners in the country
• A capable and reliable group of local suppliers that give businesses a strong support network and a distinct
competitive advantage
• A state government that fosters and protects a unique business environment focused on innovation
• Proximity to airports throughout the region: Massachusetts is just a one-hour flight from 40 per cent of the US market
and 67 per cent of the Canadian market. Direct flights between the UK and Boston’s Logan Airport make business travel enjoyable and timely

Airport capacity has expanded with a $4.4 billion modernisation programme for Boston’s Logan Airport. The state boasts a transportation network of over 34,000 miles of roads and highways with nearly half of the population of the US located within a 12-hour drive. Massachusetts has over 1200 miles of rail lines, served by 9 rail centres. Direct
rail-to-port access makes intermodal transportation a major feature of the transportation network.

• Six deep-water seaports (Boston, Fall River, Gloucester, New Bedford, Salem and Plymouth) located one day closer
to Europe than other major US ports
• Massachusetts is renowned for its world-class health care and medical research facilities. The industry attracts
scientists, doctors and patients from around the world

In September 2014 Governor Deval Patrick led a successful trade mission to the UK whilst also visiting Denmark and
France. The Governor has also welcomed several reverse missions in partnership with the British Consulate and UK
Trade & Investment and, in May 2013, welcomed Prime Minister David Cameron, who was in Boston for an official
visit. The Governor met with the Prime Minister in a courtesy meeting and hosted a reception for him.

A LEADER IN INNOVATION
Massachusetts fosters its unique business environment focused on innovation, with a Gross State Product of $466
billion, ranked 9th in the US. Furthermore, its economy has recovered from economic downturn faster than any other
state with more jobs added every month. Massachusetts is a leader in sectors such as clean energy, biotechnology,
telecommunications, photonics, medical devices, advanced materials, pharmaceuticals, information technology and
nanotechnology. It has the highest level and fastest growth rate among Leading Technology States (LTS) in federal
expenditures for academic and non-profit R&D and has the highest level of funding from the National Institute of Health per dollar of GDP than any other LTS. Perhaps for these reasons, the UK is Massachusetts No.1 European trading partner.

ENVIRONMENTAL AND RENEWABLE ENERGY
Massachusetts is a leader in renewable energy. State and federal regulatory initiatives, together with the support of
academic research, and assistance and funding from venture capitalists and bankers, have helped to place
Massachusetts’s energy and environmental policy on the global map. Massachusetts is also leading the way
in developing new technologies in these fields, including wind and biomass energy.

MANUFACTURING AND OTHER SECTORS
Massachusetts is a key centre for mass-produced goods such as paper products, machinery, machine tools, chemicals, metals, composite materials, textiles and footwear. It also maintains a strong presence in financial services and insurance, marine science & technology and defence technology.

COMPETITIVE INCENTIVES TO HELP YOUR BUSINESS
Massachusetts offers many tax incentives, financing solutions, competitive grants, loans and plentiful guidance to companies and businesses seeking to invest, expand or relocate in the state. These include broad-based and sector specific grants, awards and incentives offered in collaboration with agencies such as the Massachusetts Office of Business Development; the Massachusetts Life Sciences Center; the Massachusetts Clean Energy Center and the Massachusetts Technology Collaborative. Massachusetts is the top LTS in venture capital investment per capita. Angel investment nearly doubled between 2009 and 2011, from an estimated $27 to $51 million to $50 to $100 million.

QUALITY OF LIFE
Massachusetts is a great place to visit, live, work and raise a family. Residents and visitors alike can enjoy stunning scenery, beaches, museums and historical landmarks, great shopping and world-class restaurants. Come experience the history, culture and innovation of Massachusetts, which has shaped America for nearly 400 years.