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Massachusetts Resources Page
Inward Investment Guides

Revolutionary Advances in Life Sciences amid Industry Disruption and Uncertainty

Mark Crawford (Q4 2014)
Major economic, social, and regulatory factors are having big impacts on the life sciences and medical device industries, representing an opportunity for innovative companies to become new leaders and gain market share. More

The Regional Impact of Quality of Life on Entrepreneurial Decisions

Dan White, Moody's Analytics (Q2 2014)
One of the most often cited reasons for the location of a new business is quality of life, yet it is one of the areas policymakers most often overlook. More

Massachusetts Direct Financial Incentives 2014

Area Development Online Research Desk (Q1 2014)
Massachusetts's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. More

Sustainability: The “Invisible Hand” Shapes Next-Generation Location Selection

Don Schjeldahl, Founder, Don Schjeldahl Group (Q1 2014)
Companies that view their location strategies through a “sustainability filter” are more likely to achieve competitive advantage and long-term stakeholder value. More

Regional Report: Incentives Attracting Firms to the New England States

Karen Thuermer (Directory 2014)
Some new and creative incentive programs are being provided in the Mid-Atlantic States to help drive the region’s high-tech and other industries. More

Criteria for Selecting a High-Tech Cluster

Amber Schiada, Research Manager, Markets, Jones Lang LaSalle (Q4 / Fall 2013)
Companies locating in “tech-friendly” communities can find the foundation for their success, while also helping the local economy to grow — a win-win situation all around. More

Market Report: Advances in Biotech Help Life Sciences to Thrive

Beth Mattson-Teig (Q4 / Fall 2013)
Biotechnology is driving growth in the life sciences sector, which has faced numerous challenges, particularly in the pharmaceuticals industry. More

Leading Locations for 2013: The New England MSAs

Area Development Magazine Special Presentation (July 2013)
The number-one Leading Location in the New England region is Framingham, Massachusetts, which has been recognized for its high quality of life and high-tech work force. Three other Massachusetts MSAs also place on the top-10 list for the region — Boston-Cambridge-Quincy, Barnstable Town, and Peabody. More


POPULATION: 6,547,629 (2010 Census)

LABOR FORCE: 3,461,400 (Sept. 2012)


TRADITIONAL INDUSTRIES:Creative industries, defense and homeland security, financial services, information technology, life sciences, manufacturing, maritime commerce, renewable energy

EXPANDING INDUSTRIES: Management, scientific, and technical consulting services; individual and family services; pharmaceuticals and medicine manufacturing; home healthcare services; computer systems design and related services; residential care facilities; software publishing; scientific R&D services

COLLEGE GRADUATES: (Age 25 and over) 38.2% (2009 U.S. Census)

Single Sales Factor: Yes (for manufacturing companies)

Corporate Income Tax Rate: 8 percent

Sales and Use Tax: 6.25 (machinery and equipment is exempt)

Personal Property/Real Estate Tax: Levied by local authorities across the state (average rate of $16.97 per $1,000 assessed property value)

Economic Development Incentive Program

Investment Tax Credit

Tax Increment Financing

Research & Development Tax Credit

Special programs, grants, and loans provided through:
• MassDevelopment

• Mass Ventures

• Massachusetts Growth Capital Corp.

• Workforce Training Fund

• Massachusetts Life Sciences Center

• Massachusetts Clean Energy Center

Principal Manufacturing industries

  • Computer & Electronic Products
  • Fabricated Metal Products
  • Food
  • Machinery
  • Chemicals
  • Transportation Equipment
  • Plastics & Rubber Products
  • Printing & Related Support Activities
  • Electrical Equipment & Appliances
  • Other Manufacturing Industries