summary
Introduced
03/29/2021
03/29/2021
In Committee
03/03/2022
03/03/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to provide startup capital for minority entrepreneurs. Economic Development and Emerging Technologies.
AI Summary
This bill aims to provide startup capital for minority entrepreneurs in Massachusetts. It would establish a competitive grant program administered by the Massachusetts Technology Development Corporation (MassVentures) to invest in minority-owned or minority-led startup companies in the state. The program would provide technical and financial support to these startups and help them acquire additional capital. The bill also appropriates $10 million to fund this new grant program.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (2)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 03/03/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/192/S268 |
Bill | https://malegislature.gov/Bills/192/S268.pdf |
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