Business Development

Page 12 of 15

• 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.

• Angel Investor Tax Credit

  Learn how to gain a state income tax credit by investing at least $25,000 in a qualifying startup.

• Energy Assistance

  Review a variety of incentive programs that may be able to assist your business with energy conservation and energy cost management.

• Lending Partners

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

• Manufacturing Plant Zone

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

• Qualified Manufacturing Plant

  Learn how manufacturers with plants of at least 500,000 square feet can qualify for tax abatements and credits.

• Railroad Depot Zone

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

• Federal Opportunity Zone Tax Benefits

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

• State Opportunity Zone Enhancements

  See how Connecticut has made it even more attractive to invest in its Opportunity Zones by extending other tax credits and prioritizing other incentives.

• Insurance

  See why Connecticut continues to be the Insurance Capital of the World, with business-development support, funding opportunities and tax incentives to stimulate growth.

• Technology Innovation

  Find R&D partnerships, technical expertise, funding opportunities and tax incentives, all created to spur technological advancements.

• Government Contracting Support

  Get help facilitating access to certification programs, training workshops, bonding assistance and bidding opportunities.