The University of Massachusetts helps create jobs, prepares its students to succeed in jobs, and inspires social activity that strengthens communities in every region of Massachusetts. UMass is a key economic driver in all regions of the Commonwealth, generating billions of dollars in economic activity each year.
In Fiscal Year 2014, UMass research and development expenditures reached $603 million, and licensing revenue from the commercialization of research was more than $31 million. There are five key areas of economic development activity at the University of Massachusetts:
- Industrial Partnerships
- Talent & Workforce Development
- Technology Commercialization
- Economic & Public Policy Research
The University’s five campuses are committed to supporting the economic well-being of their communities. For more information about their specific roles in developing talent, innovation, and social and cultural development in their respective regions of the Commonwealth, please visit their websites: