Business Development Public Private Partnership

The Executive Office of Economic Development (EOED), through the Massachusetts Office of Business Development (MOBD) in collaboration with the Massachusetts Office of International Trade and Investment (MOITI) and Team Massachusetts partners, is soliciting proposals for a long-term strategic public-private partnership to extend the Commonwealth's business development efforts, with proposals due August 6, 2026.

The partnership focuses on attracting, retaining, and expanding businesses within Massachusetts while promoting international trade and investment. Qualified organizations must demonstrate expertise in business attraction and retention, workforce development coordination, international trade promotion, and regional economic analysis. The scope includes comprehensive business development services supporting the state's economic growth objectives, with the awardee serving as an extension of state business development capacity.

The Commonwealth will evaluate proposals on organizational capacity, relevant experience, proposed service delivery models, and ability to leverage private sector resources and partnerships. Preference may be given to organizations with established relationships within Massachusetts' business community and demonstrated success in economic development initiatives. The contract is structured as a multi-year engagement with potential renewal options, anticipated to commence in Fiscal Year 2027. Performance metrics, service delivery requirements, and accountability measures will be established in the final agreement. Funding will be drawn from state appropriations to EOED; contract value and specific financial terms are to be negotiated with the selected organization.