Governor Maura Healey:
Well, good afternoon I am thrilled to be over here at the engine. We had the opportunity to visit and tour this amazing, amazing operation and we wanted to visit today, and because, yet another example of the amazing potential that we had here in Massachusetts when we leverage our research university and made a company an unmatched talent.
Organizations
like the engine are critical supporting the tech, the innovation start-ups that
launched from our world class colleges and universities every year.
The engine invest in startups that addresses the most significant challenges we face today, in health care, climates, manufacturing and they recognize that we need to take intersectional approaches if we really want address these challenges. We can’t exist in silos we need to bring together the very best of the world, and the best and brightest from all fields in order to make the widespread progress we so urgently need.
So, I am so thrilled to be here today. I joined by Lt. governor Kim Driscoll, also joined by secretary of economic development Yvonne Hao, Secretary of Energy and environment Rebecca Tepper, earlier we were joined by Masstech executive director Linville-Engler, and importantly we have folks from The Engine, including former state senator Ben Downing and katie Rae who lead the operation.
We
are grateful, grateful to folks for showing, give us the opportunity to visit
today. This is amazing. amazing what is happening here.
The chance for companies to come and continue research but also fabricate. To take things, ah, from the laboratories to actual fabrication, think about ways to scale up is really, really incredible.
A few weeks ago. my administration filed an immediate needs bond bill that recognizes the importance of tech innovation in Massachusetts, it recapitalize programs that supporting innovative programs like startup like the ones we saw here today at the engine it includes 52 million dollars for programs that support advancement manufacturing and research technology development and emerging technologies the bond bill will also provide new funds to support or our states proposals to the federal chips and science bill. We’re currently working across collaboration between our government and private industry and research on applications for this incredibly important funding that is to come by way of the chip and science bill. Today we have once in a generation opportunity to harness the federal investment being deployed to revitalize domestic manufacturing and bolster support for innovative startups like those coming out of The Engine.
The chips and science bill signed by President Biden last August is one of the major funding vehicles for us to achieve these goals and Massachusetts is taking the leadership role to bring that funding to the state Massachusetts has historically led when it comes to innovation, we are going to make sure we do everything to make sure that we are leading in this time.
And
so we are here today to lead it, to visit, look forward to collaborating as an
administration with private sector with wonderful researches institutions and
universities. This is a huge opportunity for Massachusetts. Massachusetts is
going to compete, and Massachusetts is going to win and one of the reasons I am
confident for that, of that is because we have our fabulous Secretary of economic
development Yvonne Hao, who we would like welcome to the podium right now
Secretary
Yvonne Hao:
So,
this is very special for many reasons. But especially for me, personally to get
to The Engine.
Many people might know that katie Ray was our first angel investor at our little startup Cove VC and I remember talking to her when The Engine was just an idea and now walking around it today, seeing the reality of what become of it today.
This reflects what makes the Massachusetts so special. In fact that we have we world lead universities, most amazing, cutting edge research aiming at the world’s biggest problems combined with the financial capital and venture folks, combine with amazing entrepreneurs. This shows what makes Massachusetts special.
So, as the governor said, we are at an interesting point in our history. So, this is once a generation opportunity with the federal government has just passed the Chip and Science Act. And where I want to double click on with an immediate proposal that we are now working on.
The deadline is later this month, and this part of the Chip and Science Act is from the Department of Defense.
Its called Microelectronics Commons and I am really excited about this particular proposal for two reasons. The first is, this is a place where we absolutely as a state have the right to win. so this Partnership Act is almost 2 Million dollars from the Department of Defense is really aiming at the most advanced technology for national security, national defense. The brain behind, everything that we are going to do around our country and also around manufacturing.
That is where Massachusetts has a right to win. We historically played here, so many things has been invented here, we have amazing global leaders like Analog devices that we visited a few weeks ago and the incredible startups we met here today. All working in these areas around quantum, around AI, around all the leading technologies.
so this this is the place where we should be waiting to build a brain for the future of our country. The second reason I am excited is because we are working together as a team across the whole state.
So,
MassTech which is one of the protege institutions that we work with. MassTech
convened a group in 2021.So well before the act has been passed and this is a
group of a very wide cross section, leading academic research universities,
with people like Lincoln Labs, with people like Analog Devices and many of the
big companies and a lot of startups This
big coalition has been working together since 2021, trying to figure out where we
invest bet, and how can we work together to go after these federal opportunities.
So,
we have been working since then, we have been working together since the
proposal came out in fall, and now we are close down to the proposal.
I think this coalition will show not only the power of Massachusetts, but also the power of we work together, we can accomplish.
So we are really excited about this proposal, and we also know what are at stakes. So, the Massachusetts’s stakes is we want to not only protect our leadership, we want to lengthen our lead.
So
what the state brought is not only more funds to drive research, but also jobs,
and workforce skill development programs, creating factories, going from lab to
fabs. We know there’s a lot of stakes at
the state here.
The other stake is the country, we know it is an interesting time of the world, and we want to do our part as Massachusetts to help our country continue to lead.
So,
we are really excited, and I feel very grateful to have the support of the
governor, the Lt. governor to go after this, this broad opportunities, and but particularly,
this specific common defense opportunity in the next coming weeks.
so, thank you so much governor and Lt. governor. and to the engine for all its great works. We are in it to win it. So, thank you.
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