This collaborative effort between the Commonwealth of Massachusetts' Office of Business Development and the City of Worcester offers local and state tax incentives to qualified businesses that choose to start-up, expand or relocate in or to Worcester. This program promotes growth in both emerging and maturing industries. EDIP may be utilized by manufacturers, retailers, commercial office users or industrial businesses.
Each project must involve:
EDIP provides the following benefits to projects that are designated as Certified Projects and are granted a Tax Increment Financing (TIF) Agreement with the City of Worcester.
The City of Worcester has adopted the below Tax Increment Financing (TIF) Policy for any projects participating in the Economic Development Incentive Program.
Economic Development
City Hall 4th Floor
455 Main Street
Worcester, MA 01608
Phone: 508-799-1400
Fax: 508-799-1406
Email Us
Office Hours:
Monday - Friday
8:30 a.m. - 5 p.m.