New Bedford maintains favorable bond rating

BCC receives $200K for offshore wind training

Offshore wind training programs just got a boost in the SouthCoast. Vineyard Wind and the Massachusetts Clean Energy Center, on behalf of the Baker-Polito administration, announced six recipients of offshore wind workplace training grants at a news conference on Friday.

Recipients of the over $720,0000 in grants included Bristol Community College, Cape Cod Community College, Massachusetts Maritime Academy, UMass Amherst, Adult Continuing Education- Martha’s Vineyard, and Pile Drivers and Divers Local 56 trade union.

“As we prepare for the construction and installation of offshore wind projects, these grants will help establish a network of critical training programs in the Commonwealth to support local workers as they build this new frontier for American energy,” said Gov. Charlie Baker in a statement.

Speakers at the city’s Marine Commerce Terminal included politicians and representatives from MassCEC and Vineyard Wind, whose speeches all touched on their desire to make Massachusetts the epicenter of the offshore wind industry.

“This is an effort that started a while ago,” said MassCEC CEO Stephen Pike, “and the entire focus of Mass CEC over the last 10 years in terms of offshore wind is to ensure that we make New Bedford, Fall River, Somerset, and the Cape and the islands really the focal point for the industry in the United States.”

State awards New Bedford Port Authority, UMass Dartmouth combined $390K

BOSTON — The state awarded $6.4 million in grants Wednesday, including $390,000 for projects in SouthCoast for revitalization and business development.

Seaport Economic Council grants awarded include $150,000 for the creation of a regional marine science and technology collaborative to encourage growth in relevant industries at UMass Dartmouth and the SouthCoast Development Partnership and $240,000 for planning of the redevelopment of a waterfront property in New Bedford.

“This region’s historic connection to the ocean is a powerful unifying asset,” said Hugh Dunn, Executive Director of Economic Development at UMD, in a statement. “This project is designed to identify and marshal our marine economy assets to expand economic opportunity. To date, nothing of this scale has been executed on the Atlantic Coast.”

The funding will create an environment where relevant regional institutions, businesses, and universities can collaboratively develop the Southeastern Massachusetts Marine Science and Technology Corridor, according to a news release.

“I want to thank the Baker-Polito Administration for supporting UMass Dartmouth and our region as we develop our blue economy corridor from Rhode Island to Cape Cod,” said UMD Chancellor Robert E. Johnson in a statement. “In awarding this grant, the Seaport Economic Council is demonstrating the Commonwealth’s commitment to an industry sector that can transform our economy.”