CEO Guide to Site Selection

Massachusetts

Leading with Life Sciences

Massachusetts is cementing its position as an epicenter of life sciences and biomanufacturing innovation. Companies continue to relocate to hubs like Boston and Cambridge, while abundant funding and startup culture grow new ventures. The Massachusetts Life Sciences Center recently launched the 2035 Fund, an initiative to accelerate cutting-edge research. In addition, the new BioBoost Manufacturing Scale-Up program offers up to $3 million per project to help biotech and medtech companies scale production operations.

“I’m creating this Competitiveness Council to bring everyone to the table—business, labor, state and local leaders—to advise me on action we can take to grow Massachusetts’ economic leadership and make us more competitive.”
Maura Healey
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

No

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

decrease between 2020 and 2024

KEY INCENTIVES

Economic Development Incentive Program (EDIP): Offers tax credits to businesses committing to job creation and private investment.

Investment Tax Credit: Offers a 5 percent investment tax credit to certified projects’ corporate excise tax for qualifying assets.

EDCs

MassDevelopment
massdevelopment.com

MassEcon
massecon.com

Metropolitan Area Planning Council
mapc.org/get-involved/economic-development

Worcester Regional Chamber of Commerce Economic Development worcesterchamber.org/economic-development

BIG DEALS

  • GenesisM broke ground in July 2025 on a biomanufacturing facility in Bedford.
  • German adtech company adjoe opened its first U.S. headquarters in Boston in August 2025.
  • Zenas BioPharma relocated its headquarters to Cambridge in September 2025.
  • Hasbro announced in September 2025 that it would move its headquarters to Boston.
  • Lila Sciences signed a 244,000-square-foot lease in Cambridge in October 2025.
  • Mindgard announced in October 2025 it would establish its first U.S. headquarters in Boston.

BIG COMPANIES

Sixteen Fortune 500 company HQs in the state.

Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.