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.”