Economic Development - Bridgeport, CT

Department Overview

The Department of Economic Development, operating under the umbrella of the Office of Planning and Economic Development (OPED), is the city's primary engine for business growth and retention. Located at 999 Broad Street in the Margaret E. Morton Government Center, this office is dedicated to expanding Bridgeport's tax base and creating jobs. The department serves as the first point of contact for entrepreneurs looking to start a business in the Park City, as well as for established companies seeking to relocate or expand. A key component of this office is the Small and Minority Business Enterprise (SMBE) division, which provides specialized resources, networking opportunities, and certification assistance to ensure that minority and women-owned businesses have equitable access to city contracts and procurement opportunities.

Incentives and Programs

Businesses visiting this office can access a variety of financial and logistical support programs. The department administers the Enterprise Zone program, which offers significant tax abatements for eligible manufacturing and commercial projects. They also manage the Façade Improvement Program, providing grants to business owners to renovate storefronts and improve streetscape aesthetics. Staff can guide applicants through the Micro-Enterprise Assistance program and connect them with regional lending partners for capital access. Additionally, the office assists with site selection, helping companies find available city-owned or private commercial real estate that meets their zoning and operational needs.

Security and Access

The Economic Development office is situated within a secure municipal building. All visitors to the Morton Government Center must enter through the main lobby and undergo security screening, including metal detectors and bag checks. A valid government-issued photo identification is mandatory to receive a visitor's badge. While walk-ins are welcome for general information, appointments are highly recommended for detailed consultations regarding tax incentives or loan applications, as staff may be in the field. The environment is professional, and visitors should avoid bringing prohibited items like pocket knives or pepper spray to ensure a smooth entry process.

Location and Transit

Located in the heart of downtown Bridgeport, the office is easily accessible by all modes of transport. It is a short walk from the Bridgeport Transportation Center, serving Metro-North, Amtrak, and GBT buses. For drivers, the government center offers a visitor parking lot, and there is additional metered street parking on Broad Street. The central location places it near the Zoning and Building departments, facilitating a streamlined process for developers and business owners navigating city regulations.

• SMBE Support: Resources for minority and women-owned businesses.
• Tax Incentives: Ask about Enterprise Zone benefits.
• Site Selection: Help finding the right location for your business.
• Facade Grants: Funds available for storefront renovations.