News
Governor Healey Signs Economic Development Bill
BOSTON – Governor Maura Healey today signed into law the Mass Leads Act, an economic development bill that will make Massachusetts a global leader in emerging industries like climatetech and applied artificial intelligence (AI), while also building on the success of the state’s renowned life sciences sector. The package will create jobs, support business growth, expand workforce development programs and support rural and regional economic development initiatives. Governor Healey will host a ceremonial
MA Legislators Pass Economic Development Bill
Today, the Massachusetts Legislature passed a sweeping economic development bill authorizing a nearly $4 billion infusion into the Commonwealth’s economy while making wide-ranging policy changes to make Massachusetts more competitive. The bold investments in H.5100, An Act relative to strengthening Massachusetts’ economic leadership, will stimulate new and proven industries, support workforce development and talent retention, and modernize economic growth strategies. Provisions of the bill will support
Massachusetts EOED Announces Updates on FY25 Final Budget
The Massachusetts Executive Office of Economic Development shared that today, Governor Healey signed a $57.78 billion state budget for Fiscal Year 2025 (FY25). The Healey-Driscoll administration is proud that this budget delivers on our shared goals of making Massachusetts more affordable, equitable, and competitive. Investments that are included in the final budget:Investing in the FundamentalsUrban Agenda – $1M to support local partnerships in urban neighborhoods across Massachusetts, which is a
Rep. Ken Gordon Votes For State Budget That Includes Funding For District
Representative Ken Gordon joined his colleagues in the House of Representatives in passing a $58 billion Fiscal Year 2025 (FY25) budget proposal. The House budget included local funding for the 21st Middlesex District as well as critical investments in transportation, childcare, and K-12 education. “I am proud of the investments made in this FY25 budget that will continue to provide necessary support to our communities”, said Representative Gordon. “This budget includes significant funding in
Governor Maura Healey Files $1.23 Billion Plan to Modernize IT Systems
BOSTON — Today, the Healey-Driscoll Administration unveiled the FutureTech Act, a $1.23 billion plan to modernize IT systems across secretariats through Fiscal Years 2025-2029. The bill represents significant IT capital investments to integrate the constituent experience across agencies, deliver on cybersecurity projects across the executive branch, and fund future investments in Artificial Intelligence technology, while also providing funding and technical support to secretariats, agencies, and public
Northeastern University Announces It Will Build a $10M Quantum Technology Lab at its Burlington Innovation Campus
A $3.5 million grant from the state of Massachusetts will help advance the field of quantum technology, create jobs and change our lives for the better. Photo by Matthew Modoono/Northeastern University Northeastern University’s Innovation Campus in Burlington, Massachusetts, is set to become the epicenter of cutting-edge quantum technology, thanks in part to a new grant. From: Jessica Taylor Price, Northeastern Global Newshttps://news.northeastern.edu/2022/09/07/quantum-technology/ Massachusetts Housing