Other State Incentives and Financing Programs

The State of Connecticut and local cities and towns offer a wide variety of tax incentives that encourage businesses investment.  Numerous tax credits, tax exemptions, and tax abatements are available at the state level, while municipalities can offer property tax incentives based on certain levels of capital investment.

Technical Assistance

DECD, both directly and through its partner network, offers a broad range of programs and services to help businesses maintain their competitive edge. These programs and services include:
  • New business opportunities in government bid work;
  • Financial resources for land, buildings, machinery and equipment and working capital;
  • Utility rate incentives for energy conservation/loan management;
  • Workforce development and training assistance;
  • Engineering assistance with issues such as ISO certification, lean manufacturing, plant layout and supply chain management;
  • Site selection assistance for new business facilities;
  • Fast-tracking of permits through state and local regulatory agencies;
  • Export assistance; and,
  • Energy cost reductions through the use of sustainable energy products such as solar, wind and fuel cells.
Find organizations providing technical assistance now »