Jeff McCormick Visits to Discuss the Gateway Cities

Michael McCarthy, Research Assistant, UMass Dartmouth Urban Initiative

            This morning, Jeff McCormick, founder of venture capitalist firm Saturn Partners, announced his candidacy for governor in Massachusetts. The announcement comes as no surprise to anyone who has been following the race, and especially not to us at the Urban Initiative. In the mid January, Mr. McCormick visited New Bedford, including a stop at our satellite office at the Quest Center. With a refreshing sense of curiosity, he asked us about the unique challenges facing the SouthCoast Gateway Cities of New Bedford and Fall River, which we cover extensively on our SCUIP page.

Although his background is in financing high tech business ventures around Boston, Mr. McCormick is cognizant that those industries may not take hold in and revive New Bedford, a city with a degree attainment rate less than half the state average (21.1% to 46.7% according to the 2008-2012 American Community Survey). To that point, we discussed the true obstacles that are holding back New Bedford – the need for systemic educational reform compassionate to the changing population and the creation of new jobs in the form of small business or skilled labor – and what a governor could do to alleviate them.

Mr. McCormick quickly dismissed the typical political practice of attacking large problems, like those plaguing the Gateway Cities, with a top-down pointed plan. Instead, he recognized that “a perfect plan doesn’t exist” and in order to foster growth in the Gateway Cities a successful government must “treat everything like it’s unique…and acknowledge the nuances of each city.” He outlined addressing the issues facing Massachusetts’ smaller cities with a method similar to investing in a fledgling company with unfamiliar product – go to the experts in that field, listen to what they had to say, and inform himself on the particulars of the situation before implementing an action plan.

In this regard, Mr. McCormick’s approach is familiar to the one favored by our current businessman-turned-governor. This type governance, one that relies on local experts and best practices, will be essential in the next administration if we hope to address the complex issues holding our Gateway Cities back from realizing their true potential as 21st century cities. With that in mind, the Urban Initiative would like to invite all other Massachusetts gubernatorial candidates to visit us and discuss their plans for the future of the Gateway Cities.

1 reply
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    chadjmcguire says:

    Thank you Michael. I certainly would not count Massachusetts out as a place where an independent might lead the Commonwealth.

    Reply

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