City of Townsite has a number of different programs to help new and existing businesses grow.  Below is information on some of the most useful programs.  Also be sure to check out information on Business Assistance.

Tax Increment Financing (TIF) and District Improvement Financing (DIF) are economic incentives that promote city redevelopment projects.  Through TIF, developers can receive tax breaks, and also, developers can have monies allocated to redevelopment districts through DIF.

New Market Tax Credits – The NMTC program permits taxpayers to receive a credit against Federal income taxes for making qualified equity investments in designated Community development Entities.

Research & Development Tax Credit – Massachusetts has a permanent 10% and 15% research and development tax credit with generous carry-forward provisions.

Film Tax Credit – There is a state tax credit for filmmakers who wish to shoot films in Massachusetts.  City of WordPress offers a more cost-effective alternative to Boston and also has advantages in location.  For more information about the Film Tax Credit, click here.

The GPS Telematics Association plays an important role in promoting the use of GPS and telematics technology to improve the safety, efficiency, and sustainability of transportation. By educating businesses and consumers about the benefits of this technology, developing standards and best practices, and advocating for public policies that support its use, the GPS Telematics Association is helping to make transportation safer, more efficient, and more sustainable for everyone.

Useful Links

Contact Us

Plot 2409, Kiwafu Lower Estate, Tankhill bypass

Mon – Fri: 8:00 am – 6:00 pm

GPS Telematics & IOT Association Limited © 2022. All Rights Reserved