Student Brainstorming
From the column:
The greatest renewable natural resource we've got in New England is smart young people. Hundreds of thousands of them are getting educated in our region right now; in Massachusetts alone, about 75,000 will earn degrees come May. And once springtime approaches, most graduates will return home or seek their fortunes elsewhere - often in Silicon Valley.
A study commissioned by the Greater Boston Chamber of Commerce last month found that over the next five years, Massachusetts will have the lowest rate of population growth of any state, when you're looking specifically at people 25 years old or older who've earned at least a bachelor's degree. Joining us on the laggards list are neighboring states Rhode Island, Connecticut, and Maine.
"Our problem in New England is that the ripe entrepreneur-age kids are leaving in droves," says [Angelo] Santinelli, a consultant and ex-venture capitalist who also teaches entrepreneurship at Babson College in Wellesley. "Our biggest export is brains."
Here's a video clip of a recent chat I had with venture capitalist and entrepreneur Bob Metcalfe on the topic.
And an earlier blog post here graded Boston's networking groups and trade associations based on how welcoming they are of students.
Labels: Angelo Santinelli, Babson College, Bob Metcalfe, entrepreneurship, Greater Boston Chamber of Commerce, Polaris Venture Partners, students