Strong Education System
When asked about the benefits of operating in Massachusetts, nearly every entrepreneur who spoke to Business News Daily immediately cited the state’s education system and institutions of higher learning. Of course, there are the big names, like Harvard and MIT, but there are also myriad other colleges, universities and technical institutes that churn out well-educated students every year, who are eager to enter the workforce. Especially for a rising tech industry, highly educated labor is a must, and so the academic community offers small businesses a young, diverse pool of talent from which to recruit.
“Massachusetts is home to a lot of universities and colleges, so we are constantly participating in various recruiting events in different schools,” Alex Kesler, founder and president of marketing agency inSegment, said. “There are so many graduates coming out of local educational institutions every year.”
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In a growing economy that is home to an increasing number of startups, there is a lot of stiff competition in the labor market. While recent graduates are eager to find work, employers are also eager to find qualified employees. The regular injection of recent graduates, many of whom choose to remain in Massachusetts after college, is a welcome boon to entrepreneurs in the Bay State.
“There are a lot of hungry young people being turned out of great universities on an annual basis,” Dale Calder, a serial entrepreneur and the CEO and co-founder of tech startup RevTwo, said. “Massachusetts has some of the best school systems in the U.S. and some of the best universities.”