Support from the Commonwealth of Massachusetts and Private Companies Help Development of New Online Platform and Expanded Calendar of Programs
MARCH 8, 2016 (CAMBRIDGE, MA) The New England Venture Capital Association (NEVCA) today announced the launch of a dynamic new online platform that will support the organization's TechGen program (www.thetechgen.org) that connects thousands of graduate and undergraduate students with innovative technology companies throughout Massachusetts.
Combining internship matching, community events, and skill building, TechGen is the only program of its kind that focuses specifically on the talent demands of the State’s tech sector. Addressing both sides of the talent equation, TechGen strengthens the pipelines for local companies while providing streamlined access to college and graduate students interested in the innovation ecosystem. Boasting more than 100 Massachusetts-based companies, including powerhouses and growing startups like Acquia, Actifio, BookBub, HourlyNerd and VerbalCare, TechGen engaged more than 1,500 students in its first year.
"We have incredible companies that start and grow here in Massachusetts, and our mission is to continue making this the best possible place to do that. By connecting those innovative companies with the student talent in our backyard, we're able to fuel the region's innovation ecosystem," said Jody Rose, Executive Director of the NEVCA. "This new, easy to use platform will help us scale the TechGen program so that more students gain access and more companies can bolster talent pipelines. We deeply appreciate the organizations sponsoring and thank the Mass Technology Collaborative for making TechGen possible."
Several of Boston's marquee technology companies including LogMeIn and Rapid7 are partnering with TechGen and plan to use the platform to bring in the region's best talent.
The Massachusetts Technology Collaborative, a public economic development agency, supported TechGen in Year 1 and will continue the collaboration in Year 2 with a $100K grant. MassTech works with partners in academia, industry, and government to strengthen the state’s innovation economy through cluster-building, entrepreneurship, advanced R&D, and other efforts. Among its programs, MassTech also helps to address industry-driven talent concerns, such as K-12 computer science education; Big Data Tech Treks to connect young professionals to data science and analytics jobs; and cultivate the next generation of Massachusetts innovators, which is a TechGen goal.
“We are extremely pleased to sponsor TechGen and to see the program expand in year two,” said Pamela Goldberg, CEO of the Massachusetts Technology Collaborative. “Through this initiative, we have an opportunity to engage and keep more of the great talent that comes here to learn, by introducing them to the people and companies that make up our world-class innovation ecosystem and highlighting the many ways that they can build a career here. TechGen is a key pathway for the Commonwealth to work with the private sector to grow our talent pipeline and ensure that our tech and startup ecosystems stay vibrant.”
"Win/Win is so often a cliché in this business,” said Actifio Chief Marketing Officer Mike Troiano, “but in this case it clearly applies. Massachusetts's talent pool includes an embarrassment of riches among many of the world’s finest Universities, and many of those undergraduate and graduate students are eager to make connections and begin careers in the venture-funded startup community. The NEVCA's TechGen platform is bringing both sides together in service to each, and for the benefit of the regional innovation economy."
Interested students and companies can join the TechGen community at [www.thetechgen.org]. For sponsorship opportunities, please contact email@example.com
About the NEVCA
The NEVCA works to make Massachusetts the best place in the world to start and grow companies: building relationships; promoting the ecosystem; advocating for policy; and developing programs to connect students with startups. Guided by the principle that investment returns are a function of founder success, the NEVCA serves its members by championing the entrepreneurial community.
Representing more than 700 venture capital professionals from 90 top firms – micro-seed funds to corporate VCs, technology to life science, NEVCA members collective manage more than $50 billion in investor capital.