- Executive Office of Economic Development
- Massachusetts Office of Business Development
Media Contact
Meggie Quackenbush, Director of Communications
Boston — The Executive Office of Economic Development (EOED) today announced the launch of Business Builds, a new competitive capital grant program designed to support business expansion, job creation, and climate-friendly investment across Massachusetts.
Created through the Mass Leads Act and administered by the Massachusetts Office of Business Development (MOBD), Business Builds provides strategic grants to businesses relocating to, expanding in, or creating new jobs in Massachusetts. The program is aimed at strengthening Massachusetts’ competitiveness, accelerating private investment, and advancing projects that provide a clear public benefit, including job growth, revitalization of underutilized properties and economic growth in rural areas.
“Massachusetts succeeds when businesses can grow, innovate and create jobs in every region of our state,” said Governor Maura Healey. “Business Builds gives employers the support they need to modernize facilities, expand operations and invest with confidence right here in Massachusetts.”
“This program is designed to meet businesses where they are and help them take their next step,” said Lieutenant Governor Kim Driscoll. “Whether it’s expanding in a Gateway City, upgrading an aging facility, or bringing new life to an underused site, Business Builds will deliver real results for communities.”
“Massachusetts competes on the strength of its business climate and its ability to support companies that want to grow here,” said Secretary of Economic Development Eric Paley. “Business Builds is a smart, targeted tool that helps companies make the kinds of investments that drive long-term economic strength, from modernized facilities to job-creating expansions.”
“Business Builds provides flexible, practical support that meets companies where they are, whether they are expanding in a Gateway City, modernizing a rural facility or transforming a site that has been underutilized for years,” said Undersecretary of Business Strategies Zenobia Moochhala. “This is about helping employers thrive and ensuring that every region of the state shares in our economic momentum.”
Business Builds advances the Healey-Driscoll Administration’s commitment to increasing Massachusetts’ economic competitiveness while ensuring that public investments deliver meaningful public value. The program will complement existing tools such as the Economic Development Incentive Program to spur job creation, strengthen regional economies, and support capital investments in facilities and equipment. Through Business Builds, EOED aims to attract and retain businesses across Massachusetts, including in Gateway Cities, rural towns, and underutilized or redevelopment areas.
Business Builds is a rolling program, and the next deadline to apply is February 4, 2026. For more information, visit www.mass.gov/info-details/business-builds-capital-grant-program.
About the Massachusetts Office of Business Development
The Massachusetts Office of Business Development (MOBD) within the Executive Office of Economic Development (EOED) assists businesses expanding in and relocating to Massachusetts, with specific attention paid to projects that create and retain jobs and invest capital. The MOBD team provides a highly responsive, central point of contact that facilitates access to resources, expertise, and incentive programs for businesses. The MOBD team is part of EOED’s effort to connect businesses with resources through the Business Front Door at www.mass.gov/bfd.
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