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News and Announcements

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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

Governor Healey Announces Massachusetts AI Hub to Make State Global Leader in Applied AI Innovation

12/19/2024 Governor Maura Healey and Lt. Governor Kim Driscoll

Leveraging the Mass Leads Act, Initiative Will Support Game-Changing AI Research, Drive Business Growth, Train a Workforce of Tomorrow, and Harness AI to Advance Solutions to World’s Greatest Challenges

Press Release

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

12/19/2024 Executive Office of Economic Development

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