Bioscience Enterprise Corridor Zone

Tax Abatement Programs

Overview


This zone is for eligible businesses engaged in bioscience, biotechnology, pharmaceutical or photonics research, development or production with not more than 300 employees at any time during the preceding 12 months. Qualifying businesses moving and/or expanding in Bristol are eligible to apply for a five-year 80% abatement of local property taxes on qualifying real estate and personal property (machinery and equipment) – the investment must be new to the municipality’s Grand List as a direct result of a business expansion and/or renovation – and other benefits as stipulated in the Connecticut General Statutes.

Click to download Bioscience Zone Boundry Map

For more information contact the Economic & Community Development Department at 860-584-6185 or email ecd@bristolct.gov.