"To ensure we continue to lead in this space, $62 million in existing capital funding through the Massachusetts Life Sciences Center, the Massachusetts Technology Collaborative, and MassVentures is available to support recovery and growth."
BOSTON (October 22, 2020)— Today, the Baker-Polito Administration announced a $774 million comprehensive plan to stabilize and grow the Massachusetts economy. The plan focuses on getting people back to work, supporting small businesses, fostering innovation, revitalizing downtowns and ensuring housing stability. Partnerships for Recovery begins today by directing $115 million in new funding to small businesses and Main Streets hardest hit by the COVID-19 pandemic and for workforce training efforts. Additionally, the Administration is aligning multiple funding sources, both existing and proposed, to appropriately respond to the crisis.