Still No Incentives Planned for Massachusetts Developers

October 13, 2010 -

Even after losing Curt Schilling and his 38 Studios to neighboring Rhode Island, indications are that Massachusetts still has no plans to institute incentives or tax credits designed to lure, or keep in place, game development companies.

To be fair, Schilling’s deal with the Ocean State, in which his company initially received a guaranteed $75 million loan, before it was pared to approximately $51 million, was an incentive that was more-or-less created (or expanded anyway) to entice a single company.

In an article on the Telegram website, State Representative Vincent Pedone (D-Worcester) called tailor-made incentives targeting a single firm bad policy, but noted that creating them for an entire industry has proven valuable in the past, with the example given of the state’s now thriving biotech industry.

Pedone, who “expects the Legislature to consider proposals for incentives in its next session,” added, “We want to capture the industry before other states capture it, and even given the economic downturn, now is the correct time.”

Kofi Jones, however, a spokesperson for the Massachusetts Office of Housing and Economic Development, said, “It is not our intention in this fiscal climate to introduce that credit.”

Michael Cavaretta from Cambridge’s MIT Enterprise Forum suggested that additional help for developers could come in the form of business incubators, a central facility or subsidized rents. He added, “I think it makes a lot of sense for us to focus on the industry.”


Comments

Re: Still No Incentives Planned for Massachusetts Developers

Generalissimo Francisco Franco is still dead.

Re: Still No Incentives Planned for Massachusetts Developers

o_O

Forgot your password?
Username :
Password :

Shout box

You're not permitted to post shouts.
PHX Corphttp://www.neogaf.com/forum/showpost.php?p=176931667&postcount=12 although it's a little late, a comic strip on neogaf about the "release it now, patch it later" culture08/30/2015 - 7:37am
Papa MidnightBack to when, RedMade? A week ago? (seriously, though...)08/30/2015 - 1:55am
RedMageOh hey, a news station is trying to scapegoat gaming. That takes me back. https://twitter.com/GamingAnarchist/status/63754361236507443208/29/2015 - 1:40pm
Big PermA link to TB twitter with Matt Lees in the replies - https://twitter.com/Totalbiscuit/status/52528604482949939208/29/2015 - 12:16pm
Brad GlasgowWhy would he say the company lies about getting abuse? Oh, because people don't abuse GG?08/29/2015 - 10:38am
Big PermBrad - Matt Lees was also quick to say the company "Gamers Gate" lies about getting abusive messages thinking they were an official GG channel08/29/2015 - 9:11am
Goth_SkunkMGSV: The Phantom Integrity - A Rant by RazörFist. (NSFW on account of language). RazörFist discusses the latest batch of unethical journalist conduct, with a caveat. - http://ow.ly/RwXYT08/29/2015 - 7:10am
Goth_Skunk@Brad: I can.08/29/2015 - 6:13am
Goth_SkunkI assume "Stacy" is a pseudonym. After reading what she went through, I would not be one bit surprised if it is.08/29/2015 - 6:13am
Goth_SkunkA Year of #GamerGate: From Neutral To Anti To Neutral To Pro by "Stacy" - http://ow.ly/RwVeT08/29/2015 - 6:12am
Brad GlasgowI can't believe Matt Lees deleted his positive review of Ethan Carter because Chmielarz is sympathetic to GG.08/29/2015 - 5:30am
Goth_SkunkA GameDev's Year With #GG: The Good, The Bad, and The Ugly by Adrian Chmielarz - http://ow.ly/RwSCd08/29/2015 - 5:18am
Goth_SkunkDespite not being a fan of fighting games I had to check out that R Mika trailer. Loved it. Still won't buy the game though, on account of Isuckatstreetfighteritis.08/29/2015 - 2:42am
MechaCrashI use a Dynex DX-840 headset, but it's discontinued. :( I wanted a mono headset so I could keep the other ear free for my speakers, but it has the bonus of being very light and comfortable, so you don't notice it.08/29/2015 - 12:41am
Big PermSora - I was just having a slow day at work earlier. Now I'm home with vidya!08/28/2015 - 7:54pm
ZippyDSMleeSora-Chan: Blender is easy compared to 3Dmax :P08/28/2015 - 6:51pm
Sora-Chantime to take up a hobby? maybe messing around in GIMP to make wallpapers? use qCAD to design somethin? open Blender and stare at it for a couple hours trying to figure what does what?08/28/2015 - 6:41pm
Big PermAlso, yes. I've been spamming the shoutbox. I don't have much going on today, don't judge me08/28/2015 - 3:25pm
Big PermThanks, but yeah. Not sure I wanna drop that kind of cash :P I don't even mind the sound quality of my krakens, it just hurts to wear em after a couple hours.08/28/2015 - 3:25pm
Sora-Chan@Big Perm: I'm a bit of a fan of the Omega Recon3D headset from SoundBlaster. Though it is a bit expensive.08/28/2015 - 2:36pm

Be Heard - Contact Your Politician