Economic Development Incentive Program (EDIP)

Administered by Massachusetts Office of Business Development · Massachusetts

BENEFIT

50% credit

Deadline type: rolling

Eligibility Requirements

1Must create or retain full-time jobs
2State tax credits can offset up to 50% of annual state income tax liability
3Local TIF property tax incentives available
4Typically non-refundable tax credits

Eligible Project Types

CommercialIndustrialSmall Business

STACKING POTENTIAL

Economic Development Incentive Program (EDIP) is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN

View the Economic Development Incentive Program (EDIP) compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.

Source: Massachusetts Office of Business Development official program page ↗ · Last verified 2026-06-23

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STACKABLE WITH

Michigan Community Revitalization Program

Up to $10M · Direct Grant

Michigan Historic Preservation Tax Credit

25% credit · Tax Credit

Michigan Brownfield TIF

Negotiated / contact agency · Tax Increment Financing

Michigan Business Development Program

Up to $10M · Direct Grant

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