$1.0M
per applicant
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
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.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Company must be in life sciences (biotech, pharma, medical device, diagnostics)
2.Minimum $500,000 in qualifying Massachusetts investment
3.Competitive application — annual RFP process
4.Refundable credit — companies receive payment even without tax liability
5.Jobs must be created or retained in Massachusetts
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