News and Announcements

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Press Release

MassVentures Announces $4.5 Million in Grant Funding for 26 Deep Tech Startups 

5/16/2025 Executive Office of Economic Development

START Grants help Massachusetts-based Companies Convert Federally Funded Research into new Businesses and Jobs

Press Release

Massachusetts Seal, Flag, and Motto Advisory Commission Calls for Public Submissions to Reimagine State Emblems 

5/08/2025 Executive Office of Economic Development

Members of the public may submit ideas and designs that will help shape new state symbols rooted in shared values and history

Press Release

Governor Healey Advances State’s AI Leadership with Major Investments in Massachusetts AI Hub  

5/06/2025 Governor Maura Healey and Lt. Governor Kim Driscoll

State announces funding for AI projects in Boston and Western Mass, new director for Massachusetts AI Hub

Press Release

Governor Healey Kicks Off National Small Business Week with Tour of Downtown Stoneham  

5/05/2025 Governor Maura Healey and Lt. Governor Kim Driscoll

Healey-Driscoll Administration recently awarded $4 million in MassWorks grants for downtown Stoneham -- Governor also commends Stoneham for MBTA Communities Law compliance, efforts to lower housing costs

Press Release

Healey-Driscoll Administration Releases Recommendations to Grow the Massachusetts Creative Economy  

4/30/2025 Governor Maura Healey and Lt. Governor Kim Driscoll

New Report Proposes Strategies to Spark Investment and Job Growth in State’s Cultural Economy

Press Release

Massachusetts Unveils Major Reforms to Economic Development Incentive Program 

4/15/2025 Executive Office of Economic Development

Redesign streamlines access to state tax credits, boosts business flexibility and expands job creation statewide

Press Release

Healey-Driscoll Administration Launches Initiative to Support Businesses Impacted by Trump’s Tariffs  

4/14/2025 Governor Maura Healey and Lt. Governor Kim Driscoll

The TRBO Initiative Seeks to Support Massachusetts Businesses Facing Rising Costs, Supply Chain Disruptions, and Uncertainty Amid Rapidly Changing Tariff Policy Landscape

Press Release

Massachusetts Economic Assistance Coordinating Council Approves New Projects to Receive Nearly $4.7 Million in State Tax Credits 

3/25/2025 Executive Office of Economic Development

Projects Will Create 309 New Jobs, Retain 469 Existing Jobs, and Spur $18 Million in Private Investment

Press Release

Executive Office of Economic Development Finalizes Merger of Quasi-Government Economic Development Agencies 

2/18/2025 Executive Office of Economic Development

Merger of MassDevelopment and Mass Growth Capital Corporation to Streamline and Boost Economic Development Tools Offered to Businesses and Organizations Across the State

Press Release

Governor Healey Announces Opening of 2026 Community One Stop for Growth Application Round 

1/27/2025 Executive Office of Economic Development

Application Portal Offers Massachusetts Communities Streamlined Process to Apply for 12 Economic Development Grant Programs

Press Release

MassVentures Launches New Center to Support Academic Inventors and Entrepreneurs 

1/09/2025 Executive Office of Economic Development

Massachusetts Academic Spinouts Center Will Support Companies Driving Innovation and Developing New Technologies at Research Institutions in the State

Press Release

Massachusetts Economic Assistance Coordinating Council Approves New Projects in Gateway Cities to Receive $1.8 Million in Tax Credits 

1/03/2025 Executive Office of Economic Development

Projects Will Create 125 New Jobs, Retain 40 Existing Jobs, and Spur $14.5 Million in Private Investment

Press Release

Healey-Driscoll Administration Announces $26 Million in Grants to Support Cannabis Social Equity Businesses 

12/23/2024 Executive Office of Economic Development

New Program Funds 180 Entrepreneurs from Communities Disproportionately Harmed by Marijuana Prohibition and Enforcement

Press Release

Healey-Driscoll Administration Celebrates $2.5 Million Through Community One Stop for Growth 

12/19/2024 Executive Office of Economic Development