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State of Connecticut Enterprise Zone Program

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Thomaston was approved by the state legislature as a targeted investment community and adopted the boundaries of its enterprise zone in 2015.  The Thomaston Enterprise Zone includes most of the commercial and industrial zones in Thomaston. 

Any qualifying real or personal property new to the Grand List may be eligible for a 5-year 80% exemption of local property taxes, as well as state credits toward portions of the Connecticut Corporate Business Tax. 

Additional information is available here and the State of Connecticut Department of Economic and Community Development. Manufacturing Innovation Fund Voucher Program (MVP) Provides financial assistance to Connecticut manufacturers to help them undertake innovative projects that will significantly improve productivity efficiency and competitiveness in the global marketplace. 
More information can be found here. 

State Trade Expansion Program Provides funding through State reimbursements to companies involves in exports. 
The primary objective is to aid companies in expanding their export initiatives and to increase eligible companies’ export sales by spurring participation in export activities. 
More information can be found here. 

Please visit the Connecticut Department of Economic and Community Development website for additional state programs.