Pittsfield can offer significant economic incentives that are not available anywhere else in Massachusetts. The Pittsfield Economic Development Fund (formerly known as the GE Economic Development Fund) offers incentives for significant business projects in the City. These incentives may include grants, loans with or without forgiveness provisions, and tax relief. Decisions are made on a project-by-project basis. The mayor makes the proposal for funding to the City Council for approval.
Our financial incentives make the William Stanley Business Park an especially inviting place to start or relocate your business. Some of our grants and loans are not available anywhere else in the state. These unique incentives include funds from the Pittsfield Economic Development Fund (formerly known as the GE Economic Development Fund), as well as from the Pittsfield Economic Revitalization Corporation.
Michael Coakley, Pittsfield’s business development manager, may be able to combine funds from multiple local, state and federal programs to obtain the incentives you need. Each program has its own requirements and Mr. Coakley will help you. Contact Michael Coakley at 413-448-9726 or send an email to [email protected].
Here are some of the programs that may be available to you: