On Monday, March 16, the Baker-Polito Administration announced economic support for small businesses with a $10 million loan fund to provide financial relief to those that have been affected by COVID-19. The $10 million Small Business Recovery Loan Fund will provide emergency capital up to $75,000 to Massachusetts-based businesses impacted by […]
Photo courtesy of City of Gloucester The Baker-Polito Administration announced more than $2.9 million in Seaport Economic Council Grants to support nine projects in seven communities. The Seaport Economic Council approved these grants at today’s meeting, chaired by Lt. Governor Karyn Polito at Gloucester’s Lyceum and Sawyer Free Library. These […]
The Baker-Polito Administration announced $2 million in Urban Agenda Grant Program funding to 23 projects. The program promotes economic vitality in urban neighborhoods by fostering partnerships for growth that capitalize on unique local assets and community-driven responses to challenges. The announcement took place at Black Market in Roxbury, and included […]
The Baker-Polito Administration announced $550,000 in grant awards to spur job creation and small business growth across the Commonwealth by lowering the barriers to capital access. Seven organizations received the awards through the Community Development Capital and Microlending programs, a procurement of the Executive Office of Housing and Economic Development […]
Recently, 1,400+ local officials from across Massachusetts gathered for the Massachusetts Municipal Association’s Annual Meeting & Trade Show at the Hynes Convention Center and Sheraton Hotel in Boston’s Back Bay. The conference took place on January 24-25, 2020. Considered the largest gathering of local government officials in Massachusetts, the annual […]
Photo courtesy of MetroWest News This month, the MetroWest Board of Directors appointed Erin Lynch as the new executive director of MetroWest Visitors Bureau. The bureau represents organizations and businesses in 30 municipalities throughout MetroWest and surrounding communities. Its mission is to stimulate the MetroWest economy by marketing the region’s […]
Today, the Baker-Polito Administration filed its Fiscal Year 2021 (FY21) budget recommendation, a $44.6 billion balanced and fiscally-responsible proposal which fully funds the first year of the historic Student Opportunity Act, increases funding for the MBTA and the Commonwealth’s transportation system and helps train 20,000 more workers in skilled trades […]
Today, Governor Charlie Baker delivered his State of the Commonwealth address from the House Chamber of the Massachusetts State House. Regarding the economy, Governor Baker said: “To keep our economy strong, we’re focused on two important initiatives. “First, Lieutenant Governor Polito just spent a year touring the Commonwealth, hearing from […]
The Baker-Polito Administration today announced $1,892,910 in grants to 31 organizations to strengthen community-based innovation and entrepreneurship in 22 Massachusetts communities through the Collaborative Workspace Program. Lt. Governor Karyn Polito joined MassDevelopment President and CEO Lauren Liss, Worcester City Manager Ed Augustus, and WorcLab Executive Director and Board Chairman Larry […]
Nearly 300 trade professionals, business leaders and government officials attended Mass Export Center’s annual Export Expo on December 13 at the Massachusetts Transportation Building in Boston to learn the latest news on exports, tariffs and policy issues. Massachusetts Export Director Paula Murphy said some of the hot button issues this […]
