Massachusetts has launched a campaign to become the premier hub for digital health companies, hoping to corner a market estimated at $ 1bn in the process. The support for Massachusetts’s digital health industry comes at a time when investors are pumping more money into healthtech companies, and no region has yet claimed the title of leading healthtech hub. Announcing the effort, State Governor Charlie Baker described the campaign as a "very big opportunity for everyone who wants to see better health care”, adding that the cooperation between the state and Massachusetts Competitive Partnership , a group of State seeking to promote economic growth in the state, will offer seed funding, tax breaks and help with relocation and contracts as an incentive to set up shop in Massachusetts . Previously, the state has run highly successful campaigns to attract more traditional life sciences companies, including a $ 32bn effort by the previous governer Charlie Baker .
Massachusetts has launched a campaign to become the premier hub for digital health companies, hoping to corner a market estimated at $ 1bn in the process. Announcing the effort, State Governor Charlie Baker described the campaign as a "very big opportunity for everyone who wants to see better health care”, adding that the cooperation between the state and Massachusetts Competitive Partnership , a group of State seeking to promote economic growth in the state, will offer seed funding, tax breaks and help with relocation and contracts as an incentive to set up shop in Massachusetts . Previously, the state has run highly successful campaigns to attract more traditional life sciences companies, including a $ 32bn effort by the previous governer Charlie Baker .