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129 Means Business 2022-05-05T18:44:53+00:00

Make Your Business a Success in Chelmsford

Business Partnerships

The Economic Development Incentive Program (EDIP)

Administered by the Massachusetts Office of Business Development, EDIP is a tax incentive program designed to foster full-time job creation and stimulate business growth throughout the Commonwealth. Learn more.

Massachusetts Life Sciences Tax Incentive Program

Through this program, companies engaged in life sciences research and development, commercialization, and manufacturing can receive tax incentives for creating new, long-term jobs within the state. Learn more.

Research Tax Credit

Massachusetts offers a tax credit to businesses that have incurred qualified research-related expenses, including wages and supplies. Learn more.

Investment Tax Credit

The Massachusetts Investment Tax Credit (ITC) offers a tax credit for qualifying businesses against their Massachusetts corporate excise tax. The credit is to be used for the purchase and lease of qualified tangible property used for business operations. Learn more.

Single Sales Factor

This state tax allotment can significantly reduce the tax burden for manufacturers and other qualifying companies. Learn more.

Sales & Use Tax Exemption

Massachusetts exempts manufacturing equipment and R&D equipment from sales and use tax. Learn more.

100% Personal Property Tax Exemption

Companies that are classified as manufacturing corporations are exempt from paying local personal property tax on tangible, depreciable assets (with a small number of exceptions).

MassDevelopment Financing Solutions

MassDevelopment provides real estate and equipment financing with higher advance rates and lower interest rates. Learn more.

Middlesex Community College Corporate Education & Training

For more than 30 years, Middlesex Community College has educated and trained thousands of employees in hundreds of industries and municipalities throughout Middlesex County. Its goal is to provide businesses with the educational and training tools needed to make the best use of their most important assets — their employees. Learn more.

Workforce Training Fund Program

Administered by the Commonwealth Corporation, the Workforce Training Fund Program (WTFP) provides grants of $10,000-$250,000 to help small- to medium-sized Massachusetts businesses provide training for current and newly hired employees. All for-profit businesses and some non-profits that pay into the fund are eligible to receive grants. Learn more.

For a small fee (if a grant is awarded), Middlesex Community College will write the Workforce Training Fund grant application for you. The college also hosts regular information sessions for companies/employers to learn more about the application process. Learn more.

Workplace Safety Training Grants

In an effort to help prevent worker injuries and help employers lower worker’s compensation costs, Massachusetts’ Department of Industrial Accidents administers a safety training grant program with maximum award amounts of $25,000. The grants can be used to provide employees with a variety of safety training programs, including ergonomics, hazardous materials handling, proper heavy lifting techniques, and more. Learn more.

MassHire Lowell Career Center

The MassHire Lowell Career Center is part of the Massachusetts One-Stop Career Center System. It serves the communities of Billerica, Chelmsford, Dracut, Dunstable, Lowell, Tewskbury, Tyngsborough, and Westford. The mission of the Lowell Career Center is to work closely with businesses to identify and meet their employment needs and provide job seekers with a wide range of job search and training services, including job fairs held at the Chelmsford Cross Roads at Route 129. Learn more.