Business Development

Page 10 of 13

• Real and Personal Property Tax Exemptions

  Discover tax incentives to create jobs, ease inventory costs and modernize machinery.

• Sales and Use Tax Exemption

  Discover tax relief for the purchase of qualified tangible property or projects contributing significantly to a targeted industry cluster.

• Municipal Tax Abatements

  Learn about local tax relief for firms making real estate and manufacturing equipment purchases.

• Manufacturing Innovation Fund

  Get targeted assistance for a wide range of industries via this $75 million state fund.

• Office of Data Infrastructure Administration and Security

  The Office of Data Infrastructure Administration and Security is leading the state’s efforts to strengthen Connecticut’s competitive edge in the digital economy.

• JobsCT Tax Rebate Program

  A new tool to facilitate private sector job creation

• iDevices

  A larger facility and more staff to support a growing business.

• Airport Development Zone

  Discover incentives for businesses building or renovating facilities near Connecticut's airport development zones

• Enterprise Zone (targeted investment communities)

  Learn about which Connecticut cities and towns are approved to offer property tax incentives for acquisition, new construction and/or substantial renovation under CGS Sec. 32-70.

• Contiguous Municipality Zone

  Get details on Enterprise Zone benefits for municipalities contiguous with Enterprise Zones in another municipality.

• Defense Plant Zone

  Look into relief for communities hurt by a defense contract cutback or the closing of a major aerospace/defense plant.

• Enterprise Corridor Zone

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

• Entertainment District

  Read which localities may offer manufacturing facilities the same Statutory benefits for plants, buildings and other real property improvements located in an entertainment district of a Targeted Investment Community.

• Lending Partners

  Discover funding opportunities from state, federal and private lending programs.

• Pay Your Business Taxes

  Get help to manage the different taxes affecting your business, plus details on filing electronically.