History of the Alliance

In 1993, recognizing the need for a private-public partnership to promote Massachusetts as a place to do business, a consortium of the state's utility and telecommunications companies, real estate associations, and our public sector partner, the Massachusetts Office of Business Development, founded the Massachusetts Alliance for Economic Development. The Alliance's founding was an outgrowth of recommendations made by the Governor's Council on Economic Growth & Technology, a body of civic and business leaders which advised Governor Weld on issues relating to the competitiveness of Massachusetts.

The founding members envisioned the Alliance as a non-partisan, professionally-staffed organization that would serve as the Commonwealth's central source of available property information for expanding and relocating companies. To this end, the Alliance's Site Finder Service was founded, focusing on assisting companies find appropriate properties for facility expansion in Massachusetts.

Today the Alliance, a member of the Massachusetts Business Resource Team, has augmented its Site Finder Service with a Research and Information Service and an Ambassadors program, both designed to provide decision-support to companies evaluating Massachusetts as a location for their business; and the founding members have since been joined by firms in law, architecture, construction, and finance. While services and membership have expanded, the overriding objective of the Alliance remains to encourage the expansion and retention of business within the Commonwealth.



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Massachusetts Alliance for Economic Development (MAED)
892 Worcester Street
Wellesley, MA 02482
Phone 781-489-6262 Fax: 781-489-6263
© 2001-2007 Massachusetts Alliance for Economic Development