“The Harvard community learns, teaches, and innovates in Massachusetts, harnessing the power of new ideas and discovery to solve challenging problems and contribute to the well-being of our communities,” said Harvard President Larry Bacow. “We are proud of our strong connections to Massachusetts and the cities Harvard calls home.” According to the Greater Boston Chamber of Commerce, federal research funding is a critical building block in Massachusetts’ knowledge-based economy. Each dollar invested in research at medical schools and teaching hospitals generates $2.60 in economic activity. Last year, for example, Harvard University attracted more than $800 million in research funding, with 70 percent coming from the federal government. This funding supported hundreds of millions in salaries and wages for Massachusetts residents, as well as purchases from local businesses, with more than $21 million directed to companies in Harvard’s host communities of Boston and Cambridge. For more information, read the March 1, 2020 Harvard Gazette article.