Business Development

Page 8 of 11

• Railroad Depot Zone

  Get the facts on incentives for businesses developing facilities around abandoned or underutilized railroad depots.

• Enterprise Corridor Zone

  Find incentives for development along the Route 8 corridor and Interstate 395.

• Commercial Developers

  Find services to locate sites, obtain funding and capitalize on tax incentives as you develop commercial property.

• Minority Business Initiative

  Find business-development assistance, financial support and tax incentives for minority-owned companies of all sizes.

• Manufacturing Plant Zone

  See how qualifying municipalities can obtain this designation and earn Enterprise Zone benefits.

• Manufacturing and Biotech Sales and Use Tax Exemption

  See if your manufacturing or biotech company is eligible for a 100% or 50% tax exemption.

• Permit Ombudsman

  Find assistance, coordination and additional help with expediting permits and approvals.

• Manufacturing Machinery and Equipment Tax Exemption

  Learn about a five-year, 100% property tax exemption for manufacturers buying eligible equipment.

• Women-Owned Businesses

  Find business-development assistance, financial support and tax incentives for women-owned companies of all sizes.

• State Trade Expansion Program (STEP)

  Learn about assistance designed to help Connecticut’s small business community thrive in the global marketplace by increasing the value of small business exports.

• Federal Opportunity Zone Tax Benefits

  Learn more about the capital gains tax benefits available to qualified investors in Opportunity Zone projects.

• Mid-to-Large Businesses

  See the business-development resources, funding opportunities and tax incentives specifically for mid-sized to large companies.

• Entrepreneurs

  Find business-development support, financial resources and tax incentives, especially for early-stage companies in many sectors.

• Veteran-Owned Businesses

  Find business-development assistance, financial support and tax incentives for veteran-owned companies of all sizes.

• About the Office of Business Development

  Get one point of contact for financing, tax incentives, site selection assistance and workforce training support.