Word: biotech
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...successful collaborations have generally involved a university project that generates steady profits, such as housing or retail, according to Backus. Building a project around a more nebulous theme like biotech, though, tends to be more difficult to implement...
Allston residents, while excited about the prospect of progress, remain wary of allowing a large biotech company to set up shop on what would have been the Allston campus...
Flaherty’s five-point plan for creating new jobs in the state includes granting a tax credit to high-tech manufacturing companies, increasing loans to biotech startups, and fostering the growth of the film industry in Massachusetts...
...That sort of coordination among workers, educators and companies is vital, considering that it can be difficult if not impossible for individuals to know which job to train for next. Even the head of Workforce Solutions admits that focusing on biotech, green energy and video games is really just an educated guess based on Austin's historical strengths and industries that seem poised to grow. One of the reassuring things about capitalism is that over time, workers and companies are pretty good at figuring out the most productive ways to get together. In the short term, though, that realignment...
...their skills and earn certifications. The modules are built to be accessible to people well into their careers - recognizing that a 40-year-old isn't likely to have two or four years to return to school full time - and focus on Austin's up-and-coming industries, like biotech, renewable energy and video-game development. "When these jobs come, we'll have the people with the skills to move into them," says Workforce executive director Alan Miller...