Incentives

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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
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