MORE Jobs grant program launched

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On March 9, Housing and Economic Development Secretary Daniel O’Connell launched the $100 million Massachusetts Opportunity Relocation and Expansion (MORE) Jobs capital program, designed to help cities and towns finance infrastructure improvements to spur economic development.

A municipality and for-profit business entity must jointly submit a grant application with the Executive Office of Housing and Economic Development. Applications will be reviewed by an advisory committee and grants will be awarded on a competitive basis.

Grants must be used for infrastructure improvements such as water and sewer connections, roadway enhancements, and utility upgrades.

The business associated with the project must generate substantial sales from outside Massachusetts; create at least 100 new permanent full-time job within two years; and maintain the new jobs for at least five years.

Program guidelines and applications are available at www.mass.gov/MOREJobs. Applications for 2007 are due May 1.

Written by Administrator