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Tax Abatements/Incentives

The State of Connecticut Department of Economic and Community Development offers two tax abatements to qualifying businesses in the City of Waterbury.  Click on the following tax abatements to learn more:

Enterprise Zone

Urban Jobs

For more information on either of these tax abatements, please contact:

JoAnn Genovese or Zachary Keith at 203-346-2607


Additionally, AdvanceCT works in collaboration with the State of CT to offer six foundational incentives. These incentives include: Urban and Industrial Site Reinvestment Tax Credits, Grants in Arrears for Job Creation, the Angel Investor Tax Credit Program, the Bioscience Innovation Fund (CBIF), the Accumulated R&D Tax Credit Program, and the Digital Media Tax Credit. To view more information about these programs, click here.