Former Red Sox pitcher and baseball legend Curt Schilling is finding out that starting a small business in the state of Massachusetts is a challenging proposition, according to a story at Business & Media Institute.
I own a company called 38 Studios, a gaming company which has now got me involved in politics on the state level in a way I never dreamed possible,” Schilling said. “There’s film and tax credits for the film industry around the country — around the world. The industry that I’m in was a $60 billion a year business last year.”
Schilling explained his search for state help and the offers from other states and countries that entice business owners to leave Massachusetts.
“So we went to the state over a year ago — Massachusetts — to begin discussions about tax credits and potential other of being funded through the state because we’re at a hundred-fifty jobs looking to move to five-hundred to a thousand jobs,” Schilling said.
“We’re a pre-revenue company, I put $30 million of my own money into this thing — we’re looking for the state’s assistance to make sure we maintain the ability to ramp up, hire and create new jobs in an incredibly lucrative industry. Now there are other states — other countries — who are offering tax credits and financial incentives to move.”
According to Christine McConville of the Boston Herald, there are nine different states and one country that have tried to woo Schilling’s business to relocate.
Photo by 38 Studios.