Business Incentives and Resources:
Business Incentives and Resources:
11-13-2008

Business Incentives and Resources:

 

·         The City of New Britain is considered a Targeted investment Community (TIC) by the State of Connecticut which offers eligible manufacturers incentives for purchasing and/or substantial renovation to an existing business.

 

·         The City of New Britain offers a seven year Enterprise Zone benefit for those companies located in or expanding within the enterprise zone district.

 

·         Negotiated tax agreement for real property improvements exceeding specific financial thresholds.

 

·         The City of New Britain offers a tax abatement program within its entertainment district. Benefits are similar to the enterprise zone benefits and must meet specific guidelines under business categories.

 

·         Access to institutional and non-institutional financing.

 

·         Business to Business networking opportunities.

 

·         Personal visitation and needs assessment to discuss your

company’s future planning.

 

·         Relocation and Expansion Services.

 

·         Access to real estate listings, real estate information, including industrial, commercial and retail listings.

 

·         Customized Employment and Training Programs and Funding.

 

·         Mayor’s Business Task Force Services.


.   The City of New Britain offers a competitive loan program

    for start-up and existing businesses.

 

 



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