Massachusetts Transition and Growth Program

Program Overview

The Massachusetts Transition and Growth Program (MassTAG) is a recruitment tool targeting life sciences companies considering their first presence in Massachusetts. This highly competitive program is designed to attract out-of-state, international, and newly formed companies that meet MLSC’s strategic objectives to become part of the Massachusetts life sciences ecosystem.

Successful applicants will receive grant awards based on net new jobs created within the company’s first 12 months of Massachusetts operations, to be paid out retroactively in three annual installments.

Eligibility & Evaluation

This program is available to companies life sciences companies that meet the following criteria:

• No current presence in MA
• Commit to creating more than 10 and fewer than 49 jobs in the first 12 months of MA operations
• Address critical needs in the MA life sciences ecosystem

Grants will be provided on a per-job basis in amounts comparable to the awards provided under the MLSC’s existing tax Incentive program and will be evenly dispersed retroactively over a three year period assuming the job commitments are met each year based on the company’s grant agreement.

Acceptance of awards under this program does not disqualify companies from applying to other applicable MLSC programs.

Resources

Interested companies, please fill out the MLSC Business Interest Form.

Sample Application

Impact on the Ecosystem

Critical objectives for this program are attracting out-of-state, international, and newly formed companies in key growth areas, including novel modalities, contract research, development, and manufacturing capabilities, job creation, and scientific advancement that will benefit patients and further growth of the Massachusetts life sciences ecosystem.

Connect with us to Learn More

For more information regarding the program or application process, e-mail: masstag@masslifesciences.com

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