In this article
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Deadlines
- January 22, 2025
- April 17, 2025
- July 16, 2025
Who is eligible
- Companies in Massachusetts that have employees
- Businesses with 2 to 100 employees
- Minimum of 1 year in business
Details
The Economic Development Incentive Program (EDIP) is designed to foster job creation and stimulate business growth. A company that participates in EDIP may receive state tax credits and/or local property tax incentives in exchange for a commitment to new job creation, existing job retention, and private investment in the project. There are many factors and criteria that the EDIP Review Team and Economic Assistance Coordinating Council (EACC) will consider throughout the process, chief among them being whether a project is unlikely to move forward without state and local government support.
The offer
- State Tax Credits
- Local Property Tax incentives
How it works
- Send a letter of intent
- Send a Preliminary Application (Round 1)
- If you qualify, you will be asked to send a Supplemental Application (Round 2)
