Incentives

Incentives
Economic Assistance Fund
Financial support for public infrastructure associated with new development projects. Example uses include: Utility line extensions Sidewalks/Road Improvements Traffic control/street lighting Complete guidelines can be found here. To apply, contact Paige Bronk, 860-446-5960
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Category: Incentives

Enterprise Zone
Companies involved in manufacturing, research associated with manufacturing and distribution warehousing (new construction/expansion only) as well as certain service companies that develop properties in an Enterprise Zone or a zone...
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Category: Incentives

Small Business Express Program
Loans and grants to Connecticut’s small business to spur job creation and growth. All applicants must meet with a Project Manager prior to submitting a Small Business Express application. Please contact Michelle Peters...
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Category: Incentives

Airport Development Zone
This program provides tax incentives for manufacturers and certain related businesses that build or substantially renovate facilities in the Groton-New London Airport area. For details, refer to the Groton-New London Airport ADZ...
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Category: Incentives

Brownfield Loan
Low-interest loans for brownfield investigation, assessment, remediation and development. Available for manufacturing, retail, residential or mixed-use developments, expansions or reuses. Contact Paige Bronk, 860-446-5960
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Category: Incentives

C-PACE Loans for Energy Conservation
Financing solutions for technologies such as high-efficiency lighting, HVAC upgrades and renewable energy systems. Go to cpace.com or call 860-257-2176.
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Category: Incentives

CT Subsidized Training and Employment (STEP-UP)
Wage and training subsidies to promote the hiring of unemployed jobseekers.  Six-month wage subsidy or training grants of up to $12,500 available per new employee. Contact the Linda Riquier at LRiquier@qvcc.commnet.edu, 860-455-1555...
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Category: Incentives

Energize Connecticut
Save energy and reduce your energy bills with incentives, rebates, financing and services for energy efficiency and clean energy improvements. Go to energizect.com.
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Category: Incentives

Local Tax Abatement
Tax abatements and fixed assessments targeted towards projects with high anticipated job-creation or other economic benefits.   Eligible uses include: Construction, Expansion and Renovation Facilities & Manufacturing Machinery Equipment Upgrades Contact Paige Bronk at 860-446-5960
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Category: Incentives

Manufacturing Assistance Act
Incentive-driven direct loans for projects when there is a strong economic development potential. Eligible investments include: Planning, engineering, market studies, etc. Acquisition of property or equipment Construction, renovation, demolition Contact Tricia Paesani at 860-270-8215...
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Category: Incentives

Manufacturing Innovation Fund - Incumbent Worker Training
Matching (50%) grants for training projects that equip workers to begin or advance their careers—targeted towards economically vital industries with high-growth occupations, e.g., Adv. Manufacturing, Bioscience. Please contact Bernice Zampano at...
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Category: Incentives

Manufacturing Innovation Fund Voucher
Up to $25,000 matching grant for investments in process improvement or marketing. Contact Ann Chambers at 860-437-4659 or AChambers@secter.org. More details can be found at this link.
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Category: Incentives