- Economic Development
There are a number of reasons why businesses across all industries have located and prospered here in the Mill City. Whether it is because of its prime location at the intersection of Routes 3 and 495, its state of art office facilities, or because of the talented workforce driven by higher education institutions like UMass Lowell and Middlesex Community College, businesses have found Lowell to be a great place to grow and succeed. In recent years, companies such as UKG (former Kronos), IBM, JABRA, and Somerset Industries have relocated their headquarters to Lowell. Lowell is also home to some of the region's top employers like Lowell General Hospital and MACOM Technology Solutions.
As the fifth largest city in Massachusetts we have the sophistication and expertise you'd expect from a large city, with the personal attention and community commitment you'd find in a small town. The city has been at the forefront of utilizing federal, state, and local incentive programs to attract businesses and create job opportunities for Lowell residents. The City of Lowell's Economic Development Office can assist you in identifying the programs that best meet your needs.
- Lowell Economic Development Incentives Summary
- Site Selection
- Traditional and Non-Traditional Finance Programs
- Workforce Development
These services are provided both directly and in partnership with local, state, and federal partners including the following:
- Lowell Development and Financial Corporation
- Greater Lowell Chamber of Commerce
- Massachusetts Office of Business Development
- Entrepreneurship Center @ CTI
- Massachusetts Growth Capital Corporation (MGCC)
- The U.S. Small Business Administration (SBA)
For assistance, please email the Economic Development staff.
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