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Massachusetts Life Sciences Tax Incentive Program

Massachusetts Life Sciences Tax Incentive Program

Helps life science companies in Massachusetts hire and retain permanent talent with refundable state tax incentives.

Between cyclesMassachusetts Life Sciences CenterUnited StatesEligible in Massachusetts

The Massachusetts Life Sciences Tax Incentive Program, administered by the Massachusetts Life Sciences Center (MLSC) — a quasi-public state agency established under MGL Chapter 23I — provides refundable state tax credits to life sciences companies that commit to hiring and retaining permanent Massachusetts employees. The program allocates up to $40 million in tax credits annually under MGL Chapter…

Refundable Massachusetts tax credits drawn from a $40 million annual pool for life sciences companies committing to hire and retain permanent Massachusetts employees.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.$40M

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Last verified: 24 Jul 2026Source: www.masslifesciences.com