Overview
With one of America's highest concentrations of scientists and engineers, Connecticut has become a nucleus of bioscience advances — from groundbreaking research in personalized medicine to device manufacturing of the latest medical technology. Strong R&D partnerships with our universities are helping to speed the progress to new cures and advanced treatment protocols. It’s just one more reason that so many bioscience innovators find Connecticut a supportive environment for growth.
Key Advantages
See why bioscience companies of all sizes and all stages are taking maximum advantage of Connecticut’s dynamic intersection of intellectual capital and practical expertise.
- A heritage of, and passion for, innovation. From the artificial heart to stem cell study to genome research, Connecticut continues to demonstrate its commitment to serving as a center for biomedical advances.
- High-level talent pool. Connecticut’s educated, highly skilled workforce includes groundbreaking researchers, data-savvy providers, pharmaceutical pioneers and global leaders in medical technology.
- Significant public and private investment. The state’s Bioscience Connecticut Initiative invested $1 billion to expand the University of Connecticut’s Health Center and to develop the Jackson Laboratory Genome Research Facility.
- Commitment to growth. By 2037, Bioscience Connecticut is projected to create more than 16,000 new permanent jobs and generate additional personal income of $4.6 billion.
Targeted Support
Here are a few examples of the technical support, tax incentives and business development services available for bioscience companies. Click on any of the links below to learn more. Just be sure to also explore the rest of our site for the other programs available to all types of businesses.
ACCELERATE GROWTH
- Loans and investments for start-up or early-stage bioscience firms.
- Pre-seed financing opportunities, plus mentoring, resources and powerful connections.
INCUBATORS AND LABORATORIES
REDUCE TAXES
- Accumulated Tax Credit Expansion Program
- Angel Tax Credit
- Bioscience Enterprise Zones
- Research & Development Tax Credits
- Urban and Industrial Site Reinvestment Tax Credit
CULTIVATE TALENT/FIND JOBS
- Post and review bioscience career opportunities in Connecticut
- Southern Connecticut State University’s BioPath Initiative
- Central Connecticut State University’s Biotechnology Institute
Industry Leaders
Just a few of our key bioscience, healthcare and medical device leaders highlighted below:
You can also hear from a few of our sector leaders here.
Arvinas Founder Craig Crews on launching a pharmaceutical enterprise in New Haven.
Alexion Pharmaceuticals global head of R&D, Martin Mackay, Ph.D., on CT's business assets.
Contact
For more information on the advantages of relocating or growing your Bioscience, Healthcare or Medical Device business here in Connecticut, please contact Pat Gillanders at (860) 500-2419, or Patricia.Gillanders@ct.gov.