Massachusetts approved $52 million in incentives by way of the revamped MA Economic Development Incentive Program (EDIP) in late June, 2026. The incentives assist 11 company relocations and expansions in Massachusetts. The EDIP now has higher per- job support and offers refundability of tax credits. $49.8 million of the tax credits awarded in this round were refundable. The expansion projects supported spanned an array of industries, including robotics, AI-tech, advanced manufacturing, defense, game development, food product, and electronics. Many of the awardees were also supported by municipal TIF agreements.
“Massachusetts continues to be a place where businesses choose to invest, grow and create jobs,” said Governor Maura Healey. “Through the Economic Development Incentive Program, we're helping companies expand, strengthening local economies and creating good jobs in communities across Massachusetts.”
Eric Paley, who heads Team Massachusetts as Secretary of Economic Development, stated, “These companies are making long-term commitments to grow here. That's a strong vote of confidence in Massachusetts as a place where innovation can scale and businesses can succeed.”
MassEcon CEO & Executive Director Pete Abair, commented, “As we engage with a record-number of projects considering Massachusetts for investments, corporate site selectors are discovering that the EDIP and the state’s climate- and life sciences incentives are presenting their clients with exciting new routes to expand or enter into the dynamic Massachusetts economy.”
MassEcon provided site location-related assistance to five of the 11 projects.
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