An Act relative to strengthening Massachusetts’ economic leadership

This bill allocates hundreds of millions of dollars to various state agencies to fund economic development projects across Massachusetts. The funds are distributed through multiple grant programs that support coastal community planning, technology commercialization, agricultural biotechnology, and tourism infrastructure improvements. Specific provisions include competitive grants for growing companies, matching funds for site preparation and brownfield redevelopment, and targeted assistance for small businesses and entrepreneurs in low-income areas. The legislation also directs resources toward job creation, industrial innovation, and the revitalization of downtown centers while prioritizing projects that address climate change and promote geographic equity.