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Tax CreditMassachusettsActiveVerified

Massachusetts Life Sciences Investment Tax Credit

Massachusetts Life Sciences Center (MLSC)MA-LIFESCI-ITC
Max per Applicant

$1.0M

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Massachusetts

About This Program

Massachusetts provides refundable tax credits to life sciences companies making qualifying capital investments in the state. Credits are competitive, awarded annually up to $30M total, and cover equipment, facilities, and R&D spending.

Key Requirements & Eligibility

  • 1Company must be in life sciences (biotech, pharma, medical device, diagnostics)
  • 2Minimum $500,000 in qualifying Massachusetts investment
  • 3Competitive application — annual RFP process
  • 4Refundable credit — companies receive payment even without tax liability
  • 5Jobs must be created or retained in Massachusetts

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

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Applicable Industries

HealthcareResearch & DevelopmentTechnologyManufacturing
Official Source