Economy

Mayor Jon Mitchell and City officials are requesting responses from local nonprofit organizations interested in supporting small businesses, by managing federal funds to provide targeted grants and technical assistance. The Small Business Assistance Program is the City’s fourth announcement of investments funded by the American Rescue Plan Act (ARPA), designed …

By Colin A. Young State House News Service Wide-ranging marijuana legislation that targets some of the most persistent issues that activists, regulators, businesses and municipalities have said are holding Massachusetts back from realizing the full potential of the 2016 legalization law cleared the Senate unanimously Thursday afternoon with senators pitching …

“The Commonwealth’s Economic Assistance Coordinating Council (EACC) approved seven projects for participation in the Economic Development Incentive Program (EDIP). These projects are expected to create 129 net new jobs and retain 151 jobs throughout Massachusetts, while leveraging approximately $88.2 million in private investment. Of the applicants this quarter, four are …

Last week, the New Bedford Port Authority awarded a $27,943,800 construction project contract to D.W. White Construction of Acushnet, MA for the North Terminal Expansion project in the Port of New Bedford. The North Terminal Expansion is a transformative port infrastructure project that will spur long-term economic development by meeting …

Supports continued COVID-19 response, provider stabilization and other immediate needs. The Baker-Polito Administration today filed a Fiscal Year 2022 (FY22) supplemental budget proposal that supports the Commonwealth’s ongoing response to COVID-19 and invests in other priority areas with immediate need, including child care, human services, housing, climate change preparedness and …

The Baker-Polito Administration today announced plans to begin distribution of $500 payments to 500,000 low-income workers as part of the COVID-19 Essential Employee Premium Pay program. These payments represent the first round of funds to be distributed as part of the $460 million program, which was enacted in December when …

$48.5 billion budget filed alongside comprehensive tax relief plan. The Baker-Polito Administration today filed its Fiscal Year 2023 (FY23) budget proposal, a $48.5 billion plan that continues to support economic growth across Massachusetts and sustains efforts to address the COVID-19 pandemic, while fully funds the Student Opportunity Act, and making …

Chris Lisinski State House News Service Gasoline prices in Massachusetts have been ticking downward over the last month, but the pace of change has been slower than the national average and Bay Staters continue to pay more at the pump than drivers in many other states. The average price for …

Lieutenant Governor Karyn Polito today announced $3.5 million in grants to 70 municipalities through the Community Compact Cabinet Information Technology grant program. The Baker-Polito Administration has now issued 749 grants through this program worth $19.2 million to help Massachusetts communities become more efficient and innovative while improving their technology infrastructure. …

Governor Charlie Baker today signed a $4 billion spending plan to support continued recovery across key priority areas, making substantial investments in housing and homeownership, healthcare, workforce development, premium pay for essential workers and infrastructure. The funding, first proposed by the Baker-Polito Administration in June of 2021, will put to …