1. GE MOVE TO BOSTON Ann R. Klee VP, Boston Development and Operations

2. From Idea to Implementation: Move Fast
< 14 months from idea to interim HQ
June 2015: Stay or go? 40 cities considered
August 22, 2016: Boston Opening Day Interim HQ
2018/2019:
Innovation Campus Opens 2

3. Criteria External: “big fish,” good political climate
Financial: incentives, corp & personal taxes, commercial property tax, stability
Talent: top universities, IT talent, retention and cost
Cultural: transformational, diversity, GE culture fit
Access: access to major airports, access to Crotonville
Quality of life: education, cost of living, culture/sports
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4. Why Boston Innovation, talent and infrastructure to partner with GE
“Epicenter for Industrial Internet.”
“Ecosystem of opportunity.”
“I want GE to be in the flow of ideas.”
GE Chairman & CEO Jeff Immelt
Innovation, talent and infrastructure to partner with GE
Great business ecosystem … companies, universities, startups, R&D
Diverse, technologically-fluent workforce focused on solving challenges
Innovation focused… MA spends more on R&D than any other region in the world. Prestigious research institutions
Quality of life … arts, sports, easy access
“Accelerate change in culture.”

5. Convene & Innovate Conference & Event Space Ventures/Start-up co-work
Fastworks Lab
GE Experience Center
Digital Foundry
Brilliant Career Lab
Maker Space
Confidential. Not to be copied, distributed, or reproduced without prior approval. 5