Gaffney Bennett has helped numerous clients relocate or expand in Connecticut by working with state economic development officials to craft favorable financial incentive packages. These agreements can be extremely complex and involve numerous agencies, including the Department of Economic Development, the Department of Labor, the State Traffic Commission and even local Planning and Zoning Commissions, to name a few.
We have helped companies access grants, tax credits, tax incremental financing and low-interest loans, among other things. It is a win-win for the state and our clients as it has resulted in increased employee head count and, in several cases, made it more attractive for the company to keep its world headquarters or major operations in Connecticut rather than relocating to a another state.
It’s essential when negotiating these agreements that clients have someone representing them who has experience, a legal background and a solid relationship with the administrative agencies. Gaffney Bennett has these qualifications and decades of experience in closing the deal.