Worcester R&D Tax Credit Benefits for Corporations

R&D Tax Credits for Worcester, Massachusetts Businesses

Worcester, Massachusetts, thrives in industries such as healthcare, education, manufacturing, and retail. Top companies in the city include UMass Memorial Health Care, a major healthcare provider; Worcester Polytechnic Institute, a key educational institution; Saint-Gobain, a prominent manufacturing company; Walmart, a global retail giant; and Amazon, a global logistics and e-commerce company. The R&D Tax Credit can benefit these industries by lowering tax burdens, encouraging innovation, and improving business performance.

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Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed’s office location at 6 Liberty Square, Boston, Massachusetts is less than 50 miles away from Worcester and provides R&D tax credit consulting and advisory services to Worcester and the surrounding areas such as: Leominster, Fitchburg, Shrewsbury, Milford and Gardner.

If you have any questions or need further assistance, please call or email our local Massachusetts Partner on (857) 347-5915.
Feel free to book a quick teleconference with one of our Massachusetts R&D tax credit specialists at a time that is convenient for you. Click here for more information about R&D tax credit management and implementation.

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Worcester, Massachusetts Patent of the Year – 2024/2025

ProSharp Inc. has been awarded the 2024/2025 Patent of the Year for reimagining ice skate maintenance. Their invention, detailed in U.S. Patent No. 11878386,, titled “Automatic blade holder”, introduces a fully automated system that secures skate blades with consistent alignment and pressure, improving sharpening accuracy and speed.

This breakthrough eliminates the manual guesswork from skate blade mounting. The system uses sensors and mechanical guides to detect the exact position of the blade and adjust grip strength accordingly. With one button press, users can now secure blades precisely and repeatably, ensuring every sharpening is optimal and consistent.

ProSharp’s invention streamlines the process for pro shops, teams, and training centers. It saves time, reduces wear on equipment, and minimizes human error. Operators no longer need to fine-tune clamps or worry about uneven edges caused by misalignment.

The real-world impact is clear: faster service for athletes, sharper blades with every session, and longer-lasting equipment. Whether used in high-volume hockey arenas or small local rinks, the automatic blade holder gives technicians a reliable tool to deliver professional results. By automating this crucial step in blade care, ProSharp is raising the standard for performance and precision in ice sports.