PRESS RELEASE: Speaker DeLeo Hosts Panel Discussion with the MassTech Intern Partnership

Source 
The Commonwealth of Massachusetts, Office of the Speaker
Monday, August 12, 2013

Event highlights House’s commitment to workforce development and local businesses.

BOSTON – Today House Speaker Robert A. DeLeo led a panel discussion with participants from the MassTech Intern Partnership and the Massachusetts Technology Collaborative, the parent organization of the Intern Partnership.

The MassTech Intern Partnership, a component of the Legislature’s 2012 economic development legislation, allows students to get a head start on their future by placing individuals with emerging and startup businesses. By matching stipends for interns, the initiative helps defray the cost of the placement, allowing startup and early-stage companies to participate.

“To strengthen our economy and to further outclass our competitors, we must prepare the leaders of tomorrow,” said Speaker DeLeo. “The MassTech Intern Partnership and the Massachusetts Technology Collaborative do exactly that. The program provides young innovators with the experiences and connections that build a strong foundation for their future and, in turn, the Commonwealth’s future. I thank the Collaborative for its commitment to advancing our economic growth.”

“We are grateful to the Speaker for his support of the Intern Partnership and we thank the Legislature and the Governor for backing programs which connect motivated students with innovative Massachusetts companies,” said Pamela Goldberg, CEO of the Massachusetts Technology Collaborative. “Our aim through the Intern Partnership is to transition these students from talented interns to successful tech entrepreneurs. As the interns connect with the technology start up community, they will want to stay here in Massachusetts to learn, to grow a business, and to launch the next tech revolution.” 

                                                                                                                                      View video coverage here.

“This event continues the Legislature’s effort to strengthen communications with members of our state’s expanding tech sector,” said Representative Kathi-Anne Reinstein, House Co-Chair of the Tech Hub Caucus. “Speaker DeLeo has led the House in finding ways to foster innovation and ensure we have a competitive technology industry into the future.”    

“In Massachusetts, our economy’s strength is in our uniquely skilled workforce,” said Senator Karen Spilka, Senate Co-Chair of the Tech Hub Caucus. “Today’s program recognizes the legislature’s ongoing commitment with the Massachusetts Technology Collaborative to advance the tech sector by connecting our students and recent graduates with tech companies and start-ups. This union encourages students to keep their talents in state after graduation and grows our innovation economy.”                                                  

The Intern Partnership is a direct result of the Legislature’s 2012 economic development legislation and is designed to foster new pathways for job creation and support emerging business sectors. This economic development law implements strategically-focused policies to make Massachusetts more competitive by improving the Commonwealth’s innovation economy, promoting economic prosperity through infrastructure investments and streamlined permitting, facilitating the expansion of new and existing businesses, and training our workforce for the future.

The highly-competitive program has attracted students from every major research and engineering institution in the Commonwealth, as well as from two- and four-year colleges across the state. Of the approximate 500 applicants, participating companies chose 87 students from the Intern Partnership’s database based on their exceptional academic backgrounds, skill sets, and the position’s technical demands. 

The majority of applicant companies are classified as small or startup businesses. Two-thirds of participating companies have fewer than ten employees and 23 percent are part of a business incubator or accelerator program.

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View coverage of the event via WWLP 22 in Springfield.