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

Category: Incentives

More Incentives

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 Overview. Learn More
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 Learn More
Financing solutions for technologies such as high-efficiency lighting, HVAC upgrades and renewable energy systems. Go to cpace.com or call 860-257-2176. Learn More
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 or go to ewib.org. Details about the program can be found here. Learn More
Save energy and reduce your energy bills with incentives, rebates, financing and services for energy efficiency and clean energy improvements. Go to energizect.com. Learn More
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 Learn More
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 or patricia.paesani@ct.gov Learn More
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 (860) 263-6732 or via email at bernice.zampano@ct.gov for further assistance with the program. More details, as well... Learn More
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. Learn More