Cambridge is widely recognized as an urban success story—a place where people want to live, work, learn and enjoy. The City’s longstanding policy commitments are clearly paying off: our affordable housing stock is growing; biking is way up while automobile use down; and commercial and residential property owners of all sizes have embraced green building as a strategy for cost-saving and marketing.
The Economic Development Division is responsible for a wide range of activities designed to meet the City's need for a diversified and thriving economic base. The goals of the Division include:
- Promoting thriving commercial districts;
- Cultivating a supportive environment for small, women and minority-owned businesses;
- Promoting a real estate market that offers a diverse array of options for the development and leasing of business properties of different sizes use categories.;
- Supporting efforts to sustain a diverse array of employment opportunities accessible to Cambridge workforce;
- Marketing Cambridge as a location for business; and
- Maintaining a supportive business climate.
Cambridge remains a strong choice for technology, life sciences and research companies, and start-up entrepreneurs seeking competitive business advantages. They are drawn by the city’s accessibility for walking, biking, and public transit; the mix of neighborhoods and vibrant commercial centers; a culture of arts, creativity and culinary stand-outs; the presence of world-class educational and health care institutions; and a storied history of being a place where everyone is welcome to take root and thrive as part of a larger community.
The Economic Development staff offers a variety of business development services to Cambridge small businesses. Staff assists businesses from many business sectors, including high and low technology businesses, minority-owned and women-owned businesses, and small businesses in all stages of development. Aspiring, emerging, or accomplished businesses receive help with business development.
To find out more, go to http://www.cambridgema.gov/CDD/econdev.aspx