An Act promoting small business growth in the Commonwealth
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill aims to support and encourage growth within small businesses in Massachusetts. It seeks to provide resources and opportunities for these businesses to thrive within the state. The specific details of how this support will be provided are currently under consideration through committee hearings. The bill’s intent is to bolster the small business sector’s contribution to the Massachusetts economy.
Key provisions
- Potential for increased access to capital for small businesses.
- Support for small business training and development programs.
- Streamlining of regulations to reduce burdens on small businesses.
- Promotion of local purchasing initiatives.
- Incentives for small businesses to locate and operate in underserved communities.
- Expansion of resources for small business technical assistance.
Who is affected
- Small businesses in Massachusetts
- Massachusetts residents who own small businesses
- Community Development organizations
- Local economic development agencies
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
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