News and Announcements

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Press Release

Healey-Driscoll Administration Celebrates More Than $2.2 Million through Community One Stop for Growth 

12/18/2024 Executive Office of Economic Development

Funds Will Support 37 Grants for Real Estate Technical Assistance, Commercial Redevelopment, and Consultant Services for Downtown Sustainability

Press Release

Healey-Driscoll Administration Announces More Than $3 Million to Support Massachusetts Coastal Communities 

12/10/2024 Executive Office of Economic Development

Seaport Economic Council Awards 10 Grants to Support Wharf Reconstruction, Pier Replacements, and Dredging Projects

Press Release

Healey-Driscoll Administration Announces Navjeet Bal as MassDevelopment President and CEO 

11/22/2024 Executive Office of Economic Development

Press Release

Governor Healey Signs Economic Development Bill to Strengthen Massachusetts’ Global Leadership in Climatetech, Life Sciences and AI  

11/20/2024 Governor Maura Healey and Lt. Governor Kim Driscoll

Mass Leads Act will also create jobs, expand workforce development programs, and support rural and regional economic development initiatives

Press Release

Healey-Driscoll Administration Launches New Tax Credit Program for Businesses that Hire National Guard Members  

11/11/2024 Governor Maura Healey and Lt. Governor Kim Driscoll

Program will provide businesses that hire active Massachusetts National Guard members with a $2,000 tax credit, will increase employment opportunities statewide

Press Release

Healey-Driscoll Administration Announces $161 Million for Economic Development Projects Through Community One Stop for Growth  

10/24/2024 Governor Maura Healey and Lt. Governor Kim Driscoll

Announcement Delivers Funding from 12 State Grant Programs That Will Help Create Over 18,000 Housing Units, 31,000 Jobs, and more than 14 Million Square Feet of Commercial Development

Press Release

Healey-Driscoll Administration Announces More than $21 Million in Tax Incentives for 19 Massachusetts Life Sciences Companies  

10/15/2024 Governor Maura Healey and Lt. Governor Kim Driscoll

Massachusetts Life Science Center Incentives expected to create 1,155 new life sciences jobs; Since MLSC’s inception, Tax Incentive Program has helped create over 18,000 jobs

Press Release

MassVentures Announces Members of the Inaugural Founders School 

10/07/2024 Executive Office of Economic Development

First Class of 14 Founders Includes Underrepresented Deep Tech Entrepreneurs from Climatetech, Life Sciences, and Advanced Materials Sectors

Press Release

Healey-Driscoll Administration Launches Cannabis Social Equity Grant Program 

9/24/2024 Governor Maura Healey and Lt. Governor Kim Driscoll

One of the largest grant programs of its kind nationally for cannabis entrepreneurs from communities harmed by War on Drugs

Press Release

Massachusetts Economic Assistance Coordinating Council Approves New Projects to Receive Over $1.3 Million in Tax Credits 

9/20/2024 Executive Office of Economic Development

Projects Will Spur $44.8 Million in Private Investment, Create 120 New Jobs, and Retain 1,521 Existing Jobs

Press Release

Healey-Driscoll Administration Appoints Cultural Economy Advisory Council Members  

9/20/2024 Governor Maura Healey and Lt. Governor Kim Driscoll

Press Release

Healey-Driscoll Administration Celebrates Nearly $38 Million Federal Award to Spur Microelectronics Development  

9/18/2024 Governor Maura Healey and Lt. Governor Kim Driscoll

Biden-Harris Administration Announces Awards; Massachusetts-Led NEMC Hub Receives Most Funding through Microelectronics Commons Project Awards from CHIPS-Funded Program