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Mass. governor unveils $400 million DRIVE initiative to bolster research and create jobs
Summary
Governor Maura Healey announced the DRIVE initiative at the State House, proposing a $400 million state investment to support university- and hospital-based research, leverage public-private funding and protect jobs amid federal funding cuts; no bill number or formal vote was provided.
Governor Maura Healey announced the DRIVE initiative, a proposed $400 million investment in discovery, research and innovation, at the State House on a date not specified. The plan, the governor said, aims to fund university, hospital and institute research projects that deliver public benefit and create jobs across Massachusetts.
The DRIVE funding, Healy said, will “invest in research projects at universities, hospitals, and institutes, projects that deliver clear public benefit and create jobs,” and create mechanisms to draw additional public and private investment. The governor framed the proposal as both an economic-development measure and a safeguard for the state’s research ecosystem amid federal funding uncertainty.
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