Economic Competitiveness

Revitalized Neighborhoods

Tech Companies

The CTP’s economic development mission is to advance New Haven’s status as a model, modern, world-class city, in which everyone who wants a good-paying, career-oriented job can find one. Under the CTP, the City in collaboration with its business leaders aims to create an environment that promotes job growth through infrastructural development and customized job training and job placement services. The CTP also aims to attract new industries and businesses suited to New Haven’s strengths by increasing the availability of space and financing, and by promoting the growth of small and/or local business.

Strategies:

 

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•  Connect New Haven workers to regional and local job opportunities by turning New Haven into a transit hub

 

• Develop a fair, equitable growth strategy that takes neighborhood strengths and relationships to workplaces into account

 

• Brand and promote New Haven as a unique, authentic, well-designed city to attract people and investment

Strategies:

 

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• Create and support existing neighborhood development organizations to enhance and preserve commercial areas

 

• Find capital funds to improve the appearance of neighborhood busines areas to attract growth, investment, and jobs

 

• Create design guidelines and zoning consistent with comprehensive neighborhood planning

Strategies:

 

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• Focus on attracting companies and having space ready for key industries suitable for New Haven (IT, tech, biotech, hospital support, architecture, and advertising)

 

• Build pre-setup spaces and buildings for industries including precision auto parts, military and aerospace manufacturing, water related industries, food and tourism, clothing and beauty 

 

• Engage in regional planning, attraction, marketing, and support to ensure the entire 200 square mile inner zone of towns, businesses, and networks is creating the most number of jobs and investments

Local Jobs and Business

Strategies:

 

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• Build and foster a network of talented, innovative, small business owners and entrepreneurs, and support them with skills training and loans

 

• Expand industries that can grow in New Haven such as the food and restaurant industry, jewelry and home craft industry, and lifestyle services

 

• Promote New Haven as a center of small business growth with incubator and accelerator spaces that support ideas and innovation