Marty Walsh promises to retain, spur Hub’s innovation economy

Written By Unknown on Senin, 25 November 2013 | 16.30

Martin J. Walsh, known for his labor ties, State House experience and Dorchester roots, hardly made startups a signature issue of his campaign, but the soon-to-be mayor says the innovation economy will be a crucial part of his plan to continue Boston's growth.

"The beauty about that is it creates jobs," Walsh told the Herald. "They're an important piece to Boston."

"The plan for continued growth in the city of Boston is creating more opportunities," Walsh said.

A Kaufman Foundation report in August said high-tech startups are "a key driver of job creation."

Walsh's plan for the continued success and momentum of the startup ecosystem, while still light on specifics, places significant emphasis on keeping talent in Boston.

"I'd really like to keep these startups here in Boston," he said. "There's no pipeline to keep them here."

His plans include:

• Acting as a quasi-real estate agency to match growing companies with affordable office space that fits their needs.

• Focusing on the biotech and medical device industries as industries that could take off in Boston.

• Continuing Mayor Thomas M. Menino's Innovation District initiative, which the city says has added more than 5,000 jobs and led to the newly opened District Hall.

• Also making sure innovation in Boston is not contained to one area. "We have an opportunity to take innovation and spread it around the city of Boston," Walsh said.

Attracting a tech giant to anchor the city's growth is not a bad plan, Walsh said, though he prefers to create "our own team" of big-name companies.

"If we can attract a big name, we will, but it's really cultivating the businesses to stay here," he said. "Some of these startup companies become the Googles and Twitters of the world."

Startup leaders say Walsh seems to be on the right track.

"He's said the right things, so we're excited to see him engage with the community," said Tim Rowe, founder and CEO of the Cambridge Innovation Center.

John Harthorne, founder and CEO of MassChallenge, said his conversations with Walsh have been promising.

"I do think he recognizes it really is critically important to the growth and sustainability of Boston," Harthorne said. "It remains to be seen in practice, but I remain optimistic."

Harthorne said one of the key things Walsh can do for startups is to simply engage with the community.

"Come and speak when we have events, just to show up," Harthorne said. "That's part of recognizing that innovation is a priority."


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