Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Package of statutory tax incentives for companies certified by the Massachusetts Life Sciences Center. Benefits include investment tax credits, R&D credits, manufacturing exemptions, and life sciences jobs incentives — all tied to job creation and investment commitments.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Company must be certified by MLSC as a life sciences company
2.Job creation and investment commitments required
3.Incentives available: 10% investment tax credit, R&D add-back, FDA user fee deduction
4.MLSC certification reviewed annually
5.Capital grants also available for certified companies with capital projects
DEED · Minnesota
Credit equal to 25% of investment in certified Minnesota startup companies, available to both individual and corporate investors. Certified businesses must be in technology, new proprietary products/processes, or meet other qualifying criteria. Annual statewide credit cap of $17 million.
ADOR · Arizona
State income tax credit for businesses conducting qualifying R&D activities in Arizona. Credit equals 24% of the first $2.5 million in qualifying expenses and 15% above that threshold, mirroring the federal R&D credit structure.
DCEO · Illinois
Income tax credit of 25% for individual investors in certified Illinois innovative small businesses. The credit encourages investment in high-tech startups in life sciences, manufacturing, technology, and clean energy, with a $2 million maximum credit per taxpayer.