Bioscience and Tech

The biotech industry is flourishing in New Haven, and Economic Development works with companies founded in, moving to, and expanding in New Haven to locate office and lab space. Recent examples include the move of Alexion Pharmaceuticals back to New Haven and the constant investment in, and expansion of, Science Park, the formerly dilapidated industrial factories now re-designated for scientific research. Altogether, these projects create jobs for New Haveners, expand the city’s tax base, and repurpose industrial factories and underutilized land to bring economic activity to the city’s neighborhoods.

Advanced Manufacturing and Food

Manufacturing and food services are important components of New Haven's overall economy, both with great specialization and advanced fabrication methods. New Haven is home to several specialty manufacturers as well as numerous high quality food producers and distributors—not to mention our many fabulous restaurants. The Office of Economic Development works to ensure the success and future growth of our local companies. Additionally, Economic Development supports the expansion of these sectors by supporting local entrepreneurship and through attracting foreign companies to join our industrial clusters.

Facilitating Innovation

New Haven is a hotbed for innovation. Many innovative startups spin out of Yale University, its School of Management, and its School of Medicine. Economic Development helps these startups grow into thriving businesses, while also supporting New Haven’s greater innovation ecosystem, which includes co-working spaces, maker spaces, and an innovation district. These efforts not only make New Haven a top destination for innovative entrepreneurs to move, but also make innovation accessible to all New Haven residents. In June 2017, New Haven was designated an official “Innovation Place” and will receive up to $2 million in implementation grant funds this year to build upon New Haven’s innovation, entrepreneurship, and business communities. One major initiative is District NHV, a 100,000 sq. ft. tech campus currently under construction on the site of the former Connecticut Transit garage in the Fair Haven section of the city.