The Economic Development Incentive Program (EDIP) is a three-way partnership between a company, the local community and the state government to foster job creation and stimulate business growth throughout the Commonwealth. In 2009 the program was reformed and as a result, the EDIP has become one of the most effective programs helping businesses grow in Massachusetts.
Since the EDIP reforms became effective in January 2010, 251 projects have received approval, including 134 manufacturers and 109 projects in Gateway Cities leading to the forecasted:
- Creation of 19,834 new full-time jobs;
- Retention of 51,135 existing full-time jobs;
- Private investment of over $6.9 billion.
* Figures in this section have been updated as of 5/11/2016.
Past Reports Job Retention and Creation Reports: