In Derby Small Business Is Our Economy
When You Grow, Prosper and Succeed – We All Win!
The Valley Council Of Governments GIS Map Service allows internet users to obtain property assessment information as well as zoning, environmental, and planimetric data. Click here to access the maps
The overall goal of the Office of Economic and Community Development is to improve the aesthetic quality of the lives of the residents of Derby Connecticut by helping to attract, retain and expand business in Derby. The OECD can help businesses navigate through various City Departments, can provide information regarding financial and tax incentives and can assist with finding the right location for your business needs.
The OECD also helps secure funding for priority projects in the City of Derby including, but not limited to infrastructure, brownfields funding, greenway funding, historic preservation, housing rehabilitation, business revolving loan funds, demolition, acquisition and various economic and Community development projects.
The Office coordinates a number of development activities including these current projects:
Commerce Park Development - Story & video here
Derby-Milford Road Improvements: operational improvements for Derby-Milford Road at the Route 34 intersection. The project will include a new left turn lane on Route 34, signal replacement, and full-depth reconstruction on Derby-Milford Road for 500’ beginning at the intersection.
Derby is also one of 18 communities participating in the Naugatuck Valley Corridor Comprehensive Economic Development Strategy (CEDS), and the project committee is chaired by Derby's Economic Development Director. Click here for the latest update of their plans.
Enterprise Corridor Zone
Program is funded by the state and City of Derby, but administered by the State of Connecticut. The Office of Economic Development can assist with the application process if needed. Potential benefits of the program include:
You must be deemed a manufacturer by the Connecticut Department of Labor. They will provide a code for your company first in order to qualify for the tax incentives. Click here to go directly to the state site for more information.
Revolving Loan Fund
All new business expenses – 3% for ten years and interest only the first year. There is a waiting list for this program, and it is on a first come first serve basis if eligible and currently there is limited funding.
Click here for an application
Please call Patty Finn at 203-736-1478 for further information.
(***All programs are subject to specific eligibility requirements)
The City of Derby OECD is administering a Small Cities grant from HUD which allows homeowners to rehabilitate/renovate their homes. The funding is for essential repairs, non-cosmetic. You must be deemed eligible by federal income guidelines. Houses that qualify are 1-3 unit residences only. There is a waiting list, but there is still money available. Derby residents only. Click here for the application.
Planning & Zoning Redevelopment Building Inspector Inland Wetlands Commission
What the State & Federal Government Can Do to Help You
Technical assistance for businesses experiencing significant difficulties. Independent and confidential reviews of companies' markets, finances and management. Also provides assistance in development of strategic plans to improve business.
The Federal Emergency Homeowners’ Loan Program (EHLP) provides assistance to eligible Connecticut homeowners who are 90 days or more delinquent with their first mortgage payment as a result of having suffered a loss of income due to unemployment, underemployment or suffered adverse economic conditions resulting from a medical emergency or serious injury.
Connecticut Solar Lease Program is a program designed to make solar energy systems available to moderate income Connecticut homeowners.