FUNDING FOR MASSACHUSETTS-BASED RESIDENTS’ STARTUP COMPANIES (S 237)

By Bob Katzen

The Economic Development and Emerging Technologies Committee held a hearing on legislation that would create a $500,000 pilot program offering competitive grants to Massachusetts residents who are starting new businesses.

“I believe in the potential of our citizens to drive innovation and economic growth,” said sponsor Sen. Patrick O’Connor (R-Weymouth). “By providing support and resources to local startup companies, we can foster entrepreneurship, create job opportunities and contribute to the overall prosperity of our state.”

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