Economic Development Incentive Program (EDIP)

EDIP offers attractive tax incentives to businesses that commit to investing in a project in Massachusetts that will create new jobs.

Program Information

The Economic Development Incentive Program (EDIP) is designed to foster the creation of quality full time jobs in every corner of the Commonwealth by responsibly awarding attractive tax credits to businesses committed to starting and growing in Massachusetts. The program directs awards to projects that leverage private investments to create jobs and generate new economic activity across the state. Approved projects typically receive an award aligned with their job creation commitment and other factors.

About the Tax Credit

Average awards are typically between $10,000 and $15,000 per job but may vary based on other considerations such as:

• Whether the project is located in a Gateway City, a rural or small town, or an area of economic need.
• Whether the project is in a high-priority sector, such as technology, artificial intelligence, climate technology, advanced manufacturing, medical or robotics industries.
• The wages of jobs created and benefits offered by the project.
• Whether the applicant is an emerging company with high-growth potential for significant and rapid job creation.
• Whether the project would establish primary business operations, including executive management and support staff, in Massachusetts and create a significant number of new jobs in a short period of time.
• Other competitive circumstances such as the project having regional or statewide significance or benefiting the state at large.

A business awarded EDIP tax credits will first receive non-refundable tax credits that reduce up to 100% of their anticipated tax liability, if any exists. A business may receive refundable tax credits if an award exceeds its anticipated tax liability or if it has no tax liability.

How to Apply

Before applying for the EDIP’s investment tax credit, you should:

1. Review the Request for Proposals: Please review the EDIP Request for Proposals in detail prior to applying to the program.
2. Connect with MOBD Staff: Though optional, you may wish to contact the program staff with questions or to indicate you are ready to apply. Email Geoff Kravitz, EDIP Director [e-mail]. Program staff may then loop in Massachusetts Office of Business Development regional directors, who can help determine if EDIP is an appropriate resource and assist with the application process.
3. Register with the Business Front Door: All EDIP applicants must register with the Business Front Door, the state’s business portal that provides the most relevant resources and connects each business with a single point of contact to help address their business needs. To access the EDIP application, you must indicate that you have an existing business seeking to expand its presence in Massachusetts and hire additional employees. Check out the Business Front Door.

Once you have been notified through the Business Front Door that your company can apply for the program, you will receive access to an application form. Please see the EDIP RFP for additional program and application details.

EDIP Request For Proposals  Register with the Business Front Door 

Approval of the Tax Credits

The EDIP is overseen by the Economic Assistance Coordinating Council (EACC), a council comprised of 15 voting members that include public officials and appointees by the governor. The EACC is primarily responsible for establishing regulations, policies and procedures to administer the EDIP; certifying EDIP Projects; administering EDIP annual reports; and decertifying projects that are not compliant. All EDIP applications must be approved by the EACC to move forward.

View a list of EACC members here.

2025 EACC Meetings and EDIP Application Deadlines

The EACC meets on a quarterly basis to review EDIP applications. Application materials must be submitted by 5 p.m. on the date indicated below.

EACC Meeting Date	Application Due
June 25, 2025	May 7, 2025
September 17, 2025	July 30, 2025
December 17, 2025	November 5, 2025

The EACC typically holds hybrid meetings to allow both in-person and virtual attendance. Check the MOBD events page for public posting.

Reporting & Compliance

Active EDIP projects must submit an annual report to the EACC, which reviews each project for compliance with job and investment commitments, and if applicable, investment tax credit use. Failure to submit an annual report triggers a project decertification, which may result in the loss of state and local tax benefits. To ensure you are in compliance, please contact Joey Giovino, EDIP Program Manager, at [e-mail] or [phone] with questions.

View past awardees and EDIP annual reports.

Program Staff Contact Information

EDIP program staff can be reached at the following:

• Geoff Kravitz, EDIP Director: [e-mail] or [phone]
• Joey Giovino, EDIP Program Manager: [e-mail] or [phone]