Grow Your Business In Groton: We Have The Space You Need
23 May 2018
Looking to expand your business or kick-start a new one? Groton, Connecticut, is the ideal location because we have the resources to help you get started. The Economic Development team is committed to helping your company find commercial space to suit your specific needs.
We have dozens of buildings, sites and commercial spaces available for lease or sale right now. The properties include everything from cozy offices to 18-acre expanses of land ready to be developed. You will find rates in the area attractive as well; some commercial spaces are going for as low as $10-$15 per square foot. Click here for more information on the available properties.
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The Connecticut Department of Energy and Environmental Protection (DEEP) recently closed the bidding period of a request for proposals (RFP) for renewable-energy resources, including offshore wind. The RFP, which closed April 2, allowed bidders to propose up to the maximum amount of offshore wind generation allowed under law: 3 percent...
State’s Opportunity Zone picks receive federal approval; Norwich, New London and Groton included
May 21 2018The U.S. Department of Treasury has approved the state’s application for 72 Opportunity Zones, including three each in New London and Norwich and one in Groton, where development projects will be eligible for federal tax incentives for investors, Gov. Dannel P. Malloy announced Friday.
The state solicited nominations of...
Connecticut’s technology industry contributed $16.2 billion to the state’s economy in 2017, a share equal to 6.5 percent, the national Computing Technology Industry Association.
That economic impact is the 22nd largest in the country according to the association’s annual industry report. Published Tuesday, the analysis and rankings are based...
