Business Development

Page 11 of 13

• Insurance Reinvestment Tax Credit

  See how insurers that invest with approved fund managers can earn a 100% insurance premium tax credit.

• Manufacturing and Biotech Sales and Use Tax Exemption

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

• Manufacturing Machinery and Equipment Tax Exemption

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

• 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.

• 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.

• SCA Pharmaceuticals

  A location with easy access to its customers in the Northeast.

• Synchrony Financial

  A home headquarters of its own.

• The Jackson Laboratory

  A new center for personalized medicine.

• Precision Combustion

  Three Decades of Green Energy Innovation in Action

• Brownfields Redevelopment

  Learn more about all the ways Connecticut supports businesses that help redevelop brownfields.

• Entrepreneurs

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

• 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.