Today, Governor Charlie Baker signed comprehensive economic development legislation into law, providing up to $1 billion in new investments in communities, workforce training, and innovation across Massachusetts, and deepening the state’s economic competitiveness.
The new economic development law, An Act Relative to Job Creation and Workforce Development (H. 4569), advances job creation by expanding the Baker-Polito Administration’s commitment to building a skilled workforce and connecting residents to economic opportunities, strengthening community and housing development efforts, and investing in the emerging technologies that will underpin the Commonwealth’s economic future.
Governor Charlie Baker said the legislation “unleashes valuable opportunities for investments in the development of revolutionary new technologies and community-based innovation, connecting every region of the Commonwealth to the innovation economy.
“By pairing those investments with a growing commitment to workforce development in high-demand fields like advanced manufacturing, computer science, and robotics, we will deepen our efforts to build the nation’s most competitive workforce,” the Governor continued. “I am proud this bipartisan legislation will support the growth of our state’s nationally-leading innovation economy, and help develop the jobs of tomorrow.”
Lt. Governor Karyn Polito said the legislation provides “a robust set of tools that will allow state government to partner with communities, and advance our common goals. By providing critical funds for public infrastructure, site cleanup, and Gateway City redevelopment, this legislation will unlock local and regional economic development priorities, and connect citizens across Massachusetts to economic opportunity.”
Housing and Economic Development Secretary Jay Ash said the legislation “reflects the collaborative spirit that drives our economic development efforts. It is the result of more than a year of conversations with scores of legislators and administration officials, as well as thousands of conversations with business leaders, municipal officials, educators, community advocates and other stakeholders. And it reflects our shared vision of creating economic opportunities, economic prosperity, and economic mobility throughout the Commonwealth.”
An Act Relative to Job Creation and Workforce Development is organized around four main themes: community development, workforce development, innovation, and economic competitiveness.