“Holyoke has the Power to Grow!”

Holyoke’s promising future of progress and prosperity would not be possible without the City’s past.  As one of the nation’s first planned industrial Cities in the nation, Holyoke powered its many manufacturers from the hydroelectric unit built on the Connecticut River.  Today, the City has a diverse economic base, which includes a dynamic manufacturing community and region’s largest retail center, the Holyoke Mall.  The City has an active economic development strategy to attract new businesses and to retain and expand the City’s existing businesses.  Holyoke and the businesses within the City are getting results through a variety of Federal, State, and Local incentive and financing programs.

 Holyoke has identified six Economic Development priorities designed to promote business growth throughout the City.

1. Business Retention and Expansion
2. Development Along Interstate Route 91
3. Downtown Business District Redevelopment
4. Regional Cooperation
5. New Residential Development
6. Facilitate the disposition of City owned properties

 In order to realize these priorities the City has initiated a variety of programs and services.

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City, State & Federal Business Services

Through a variety of public and private offices and organizations, there are a multitude of business resources for current and prospective Holyoke businesses. Programs and services include:

• Business Financing Through the City of Holyoke, the Commonwealth of Massachusetts & the Federal Government; and Private Sources
• Capital Resources and Services
  
• Counseling, Training, Information, and Referral Help
  
• Site Selection and Permitting Assistance
  
• Energy Cost Reduction Services
  
• Business and Marketing Planning
  
• Minority and Women Ventures Assistance