SECTION 1. Chapter 21 of the General Laws is hereby amended by adding, after section 67, the following section:-

Section 68. The Massachusetts Department of Environmental Protection shall establish a competitive grant program to provide funding to Massachusetts small businesses for the transition to a circular economy. Circular economy is defined as an economy that keeps material, products, and services in circulation for as long as possible. The department shall promulgate regulations to support the creation of the program. The department shall be authorized to accept applications from businesses that are incorporated in, are properly licensed to do business in, or have a location in Massachusetts. All grants made under this program should provide a measurable economic benefit to Massachusetts.

The department shall evaluate a list of criteria in awarding grant applications. The Department shall prioritize applications that fall under any of the following categories: applications that are from (i) certified minority-owned and women-owned business enterprises; (ii) businesses that are geographically located within an environmental justice population; and (iii) businesses that provide substantial benefit to environmental justice populations, as long as these applications meet all other necessary criteria. Environmental justice populations are defined in section 56 of chapter 8. The department is authorized to use its discretion to decide between applications of similar standing.

SECTION 2. Chapter 21A of the General Laws is hereby amended by adding, after section 28, the following section:-

Section 29. The Secretary of Energy and Environmental Affairs shall establish a grant program to provide funding to Massachusetts non-profits, academic institutions, and businesses to conduct scientific research and the research and development of new technology created for the purpose of improving ocean health and the responsible use of the ocean. This funding may be used for scientific studies and other research, research and development of new technology, investment into existing beneficial technology, expansion of existing beneficial technology, or research into how the technology affects the Commonwealth, the state economy, or particular industries. The department shall promulgate rules and regulations to support the creation of a grant program. The department shall accept applications from entities that are incorporated in, are properly licensed to do business in, or have a location in Massachusetts. All grants made under this program should provide a measurable economic benefit to the Massachusetts ocean economy.

In awarding grant funding, the Secretary shall prioritize projects with the most measurable benefit to the ocean environment, marine species, or coastal communities; projects using existing technology that is identified as the best available prototype in the field; projects with outcomes that promote equity and inclusivity; projects that promote the use of time-series data. Applications that satisfy one or more of these criteria shall be considered favorably in priority of awards for funding, so long as those applications meet all other necessary criteria. The Secretary is authorized to use her discretion to decide between applications of similar standing.

SECTION 3. Chapter 69 of the General Laws, is hereby amended by adding, after section 1T, the following section:-

Section 1U. There shall be within the Massachusetts Department of Elementary and Secondary Education a Blue Economy Education Fund to be used to provide funding to the Commonwealth’s high schools to expand educational development, workforce training, and job placement programs in blue-STEAM industries. Blue-STEAM industries are defined as ocean sector jobs in science, technology, engineering, art, and mathematics.

The Department of Elementary and Secondary Education shall create an application process for interested high schools to apply to the Blue Economy Education Fund. All funding shall be prioritized to applications by high schools located within an environmental justice community or composed of a substantial number of students from environmental justice communities, as defined in section 62 of chapter 30 as amended by Chapter 8 of the Acts of 2021.