Last month, Governor Maura Healey signed the Mass Leads Act into law, launching a bold new chapter for our state’s economic future! This landmark legislation will make Massachusetts a global leader in climatetech, applied AI, and life sciences, while creating thousands of jobs, strengthening our workforce, and driving innovation across all regions of the state. 🌍💡
Key highlights of the Mass Leads Act include:
🔹 $500 million reauthorization for the Life Sciences Initiative – investing in one of the world’s leading life sciences sectors!
🔹 $400 million for climatetech initiatives, including offshore wind and clean energy innovations!
🔹 $100 million to launch the Massachusetts AI Hub, positioning the state as a magnet for AI talent and innovation.
🔹 A new $250 million Mass Impact Fund to support transformative economic projects!
🔹 Targeted investments in rural and regional communities, with a focus on local businesses and economic growth.
This is just the beginning – the Mass Leads Act also includes measures to attract talent, support small businesses, improve infrastructure, and boost our arts, culture, and tourism industries. 🎭✨
Thank you to the legislature and all partners who helped bring this vision to life! Together, we’re building a brighter future for every resident and business in Massachusetts. 💼🏙️
