BOSTON — The Executive Office of Economic Development (EOED) announced the launch of Business Builds, a new competitive capital grant program designed to support business expansion, job creation, and climate-friendly investment across Massachusetts.  

 

Created through the Mass Leads Act and administered by the Massachusetts Office of Business Development (MOBD), Business Builds provides strategic grants to businesses relocating to, expanding in, or creating new jobs in Massachusetts. The program is aimed at strengthening Massachusetts' competitiveness, accelerating private investment, and advancing projects that provide a clear public benefit, including job growth, revitalization of underutilized properties and economic growth in rural areas. 

 

"Massachusetts succeeds when businesses can grow, innovate and create jobs in every region of our state," said Governor Maura Healey. "Business Builds gives employers the support they need to modernize facilities, expand operations and invest with confidence right here in Massachusetts." 

 

Business Builds advances the Healey-Driscoll Administration's commitment to increasing Massachusetts' economic competitiveness while ensuring that public investments deliver meaningful public value. The program will complement existing tools such as the Economic Development Incentive Program to spur job creation, strengthen regional economies, and support capital investments in facilities and equipment. Through Business Builds, EOED aims to attract and retain businesses across Massachusetts, including in Gateway Cities, rural towns, and underutilized or redevelopment areas. 

 

Business Builds is a rolling program, and the next deadline to apply is February 4, 2026. For more information, visit www.mass.gov/info-details/business-builds-capital-grant-program.