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Massachusetts

Massachusetts

Harvard President Alan Garber

credit: Jared Leeds

“With deep roots in Massachusetts,
Harvard is proud to be part of a
region known for its discoveries and
innovation. Through statewide
partnerships and collaborations,
Harvard brings its mission of
teaching and research to life,
translating ideas into breakthroughs
and real-world applications that
help shape a better future.”

Alan Garber
President of Harvard University

Powering the regional economy

Harvard is at the heart of Massachusetts’ unique ecosystem of innovation. Through its operations, research enterprise, and close partnerships with affiliated teaching hospitals and sister institutions, the University fuels a powerful engine for discovery—attracting funding, generating breakthrough ideas, advancing cures, and strengthening the regional economy by supporting businesses across the Commonwealth.

Research impact FY24


chart showing research funding in fy24

Ecosystem of innovation


A chart showing Harvard research funding helps Harvard research and create new products and technologies
  • 5,800

    Patents held by Harvard as of July 1, 2024

  • 170+

    Startups launched around Harvard research innovations in the past decade

  • 72

    Life sciences startups launch through Harvard’s Life Lab, 90% based in Mass.

  • 6K+

    Ventures launched by Harvard Innovation Labs to date

Massachusetts Companies Spun Out of Harvard Technologies

  • Beam Therapeutics
  • Bifrost
  • Biosystems
  • Bluetech.io
  • Circe Bioscience
  • CytoTronics
  • Editas Medicine
  • Elevian
  • Evantigen
  • General Biologics
  • Hyperlight Corp
  • i2O Therapeutics
  • Kula Bio
  • Metalenz
  • PasCal Technologies
  • RightHand Robotics
  • Soft Robotics
  • Tender Food
  • Unravel Biosciences
  • Verve Motion
  • Verve Therapeutics
  • Vesigen Therapeutics
  • Vizgen
  • WurQ

 

 

Supporting Massachusetts residents through employment

Harvard is one of Massachusetts’ largest employers leading a dynamic nonprofit sector that anchors and fuels the regional economy. Employees hail from across the Commonwealth and benefit from competitive pay and industry-leading benefits. To help employees advance in their careers, the University provides leadership and skills training through its Center for Workforce Development and the ability to earn an undergraduate or graduate degree from a Harvard school for a fraction of the cost through tuition assistance programs.

  • 19,639

    Massachusetts residents directly employed by Harvard in FY24

  • $2.7B

    Wages, salaries, and benefits paid to Massachusetts residents in FY24

  • 5th

    Largest employer of Massachusetts residents

  • 1,160

    participants in the Harvard Ed Portal’s Workforce Development Program in FY24

Harvard spending in construction, supplies, and services in FY24

 

  • $1.6B

    Spent in Massachusetts

  • $825M

    Spent in Boston

  • $134M

    Spent in Cambridge

Partnering to address regional issues

Whether in collaboration with local nonprofits or government, Harvard is an active partner around some of the region’s most pressing challenges. These partnerships represent another extension of the University’s nonprofit mission and a shared vision of community.

Expanding access to education

Harvard is deeply committed to expanding access to education and eliminating economic obstacles for students attending college.

2023 – 2024 Academic Year

  • $26.7M

    In scholarships awarded to Harvard College students from Massachusetts

  • 1,098

    Massachusetts students enrolled in Harvard College

  • 10,035

    Students from Massachusetts at Harvard

  • 3,693

    Massachusetts residents enrolled in coursework at Harvard Extension School

Spotlights