Relive the excitement of the Patriots’ path to their fourth Super Bowl Championship with “Pumped”, a special commemorative book from The Boston Globe. Order now.

Waltham

Companies awarded tax incentives for job creation

Continue reading below

Two life sciences companies in Waltham have been awarded a collective $3.2 million in tax incentives from a quasi-public state agency this month in exchange for creating 135 new jobs in town. Waltham companies Nova Biomedical Corp. and PerkinElmer Inc. were awarded $1.73 million and $1.47 million, respectively. Nova Biomedical will add 75 new jobs; PerkinElmer will add 60. The money is part of a $23.85 million tax incentive program through the Massachusetts Life Sciences Center, which awarded tax incentives this year to 25 science companies in the state, creating more than 1,000 new jobs. The program was created in 2008 as part of the state’s 10-year, $1 billion initiative to spur sustainable job creation at Massachusetts life sciences companies, according to a release from local state representatives. The program authorizes up to $25 million in tax incentives each year for the companies. In its four years, the program has awarded tax incentives totaling more than $50 million to nearly 50 companies, creating a total of over 1,800 jobs, according to the release.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking. Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com