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MassDevelopment Workspace Program Receives $2M in Funding

| June 17, 2019

The Baker-Polito Administration and MassDevelopment announced $2,165,000 in funding for the fourth round of Collaborative Workspace Program grants, a MassDevelopment program that accelerates business formation, job creation, and entrepreneurial activity in communities by supporting infrastructure that fuels locally based innovation.

Eligible organizations may apply for either seed grants to plan and study the feasibility of new collaborative workspaces, or fit-out grants to develop and expand existing workspaces.

Through its first three rounds of grants, the Collaborative Workspace Program provided over $5 million in funding to more than 75 organizations for the planning, development, and build-out of different types of collaborative workspaces.

This new round includes $1.5 million from the Commonwealth’s capital budget and $665,000 from the Barr Foundation, the third installment of a three-year $1,965,000 grant to the program to expand support for arts-related collaborative workspaces in the Commonwealth.

MassDevelopment’s continued partnership with the Barr Foundation broadens the reach of the Collaborative Workspace Program to include the creative sector, a critical source of innovation and positive community change.

Proposals are due in electronic format via email at cowork@massdevelopment.com by 5 p.m. on Friday, July 12, 2019. Funding decisions are expected to be announced fall 2019.

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