AdvanceCT Supports Business & Innovation in Connecticut

“AdvanceCT has been very helpful to us as we’ve considered the best location for our North American headquarters, by linking us to the local ecosystem and helping us to expand our physical operations in the best way possible.”

— Dr Nora Khaldi, Founder & CEO of Nuritas


Connecticut has a lot to offer your business and AdvanceCT is here to ensure you can access all of these benefits. 

AdvanceCT’s Business Retention and Expansion (BRE) program is designed to help Connecticut companies grow in our state. Our team works to help solve challenges faced by Connecticut’s businesses and works with them to ensure the state is responding to their needs, making Connecticut the best possible operating environment for their industries.

Through one-on-one site visits and conversations, AdvanceCT is showing up for our businesses. Whether you need access to resources, someone to advocate for you with the state government, or connections to local partners, our team is ready to assist.

 

 

Stay up to date with important information for Connecticut businesses and municipalities by signing up for our monthly newsletter.

 

 

Key Facts

  • #3 highest percentage of adults with graduate or professional degrees1
  • 38 world-class colleges & universities, including the University of Connecticut (UConn) and Yale University — the #2 best college in the country2
  • 2 Fortune 100, 15 Fortune 500, & 25 Fortune 1000 Companies3
  • #4 for human capital investment4
  • #5 most productive workforce5
  • #9 for science, engineering, & health doctorates in the workforce6

 

 

Market Entry Resources

Connecticut is the ideal place to set up, relocate, or expand your business and AdvanceCT is working with our partners to make that process as easy as possible. Below you will find our Soft Landing Directory of Resources which provides resources and contacts in Connecticut for everything that a business owner or entrepreneur could need to start or elevate their business, including:

  • Serviced Offices and Co-Working Spaces
  • Incubators and Accelerators
  • Corporate Apartments
  • Commercial Real Estate
  • Connecticut Certified Sites Program
  • Small Business Registration
  • Life Sciences Assets
  • Tax and Accounting Firms
  • Tech Consulting
  • Law Firms
  • Executive Search Firms
  • Staffing Firms
  • Marketing and Advertising Firms
  • Industry Organizations

 

Learn more about how to set up your business in Connecticut here.

 

International Investment

Connecticut is the prime location for international companies looking to enter the U.S. market, with nearly 30% of the U.S. and more than 66% of Canada's population within 500 miles and access to major markets like New York City and Boston at a fraction of the cost. 

Foreign market entry can be complicated, so SelectUSA, the U.S. government program led by the U.S. Department of Commerce that focuses on facilitating job-creating business investment into the United States and assisting and advocating for U.S. businesses in international markets, created the Investor Guide to simplify this process. 

This guide is intended to be a first-step resource for companies exploring business investments in the United States. There are many factors to consider when investing in the United States, and we hope this guide will help answer at least a few of your initial questions.

To learn more about SelectUSA and the Investor Guide, visit trade.gov/selectusa-investor-guide.

AdvanceCT and our federal partners are ready to assist you in any way we can with relocating, expanding, or opening a new location for your business in Connecticut.

 

 

1U.S. Census Bureau, ACS 1Y, 2023; 2WalletHub, 2024; 3Fortune, 2024, U.S. Census Bureau, PEP, 2023, AdvanceCT calculations; 4Milken Institute, 2022; 5GDP per capita, U.S. Bureau of Economic Analysis, 2023, U.S. Census Bureau, 2023, AdvanceCT calculations; 6National Science Foundation, 2023, U.S. Bureau of Labor Statistics, LAUS, 2021, AdvanceCT calculations