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The mission of the Economic Development Administration, and specifically of the Office of Business Development (OBD) within it, is to advance New Haven as a model, modern, and vibrant world-class city, by:
(1) Facilitating commercial development and other taxpaying investment.
(2) Attracting quality companies and supporting local business and entrepreneurial growth.
New Haven Drives Forward
(3) Expanding the breadth and depth of overall employment and economic activity in an inclusive manner with access to high quality jobs for all residents. Key aspects of this work include:
Attracting and retaining quality investment: Securing public-sector support and private-sector investment for development that bolsters New Haven’s advanced manufacturing, high technology, food processing, health care, and life science industry clusters.
Developing local jobs and businesses: Providing small businesses, particularly minority-, woman-, and locally owned small businesses, and aspiring entrepreneurs with access to the resources to locate and grow in New Haven and connecting City residents of all backgrounds to sustainable employment opportunities.
Revitalizing New Haven’s neighborhoods: Fostering mixed-use development that accelerates the formation and enhancement of distinctive, welcoming communities downtown and throughout the city; partnering with community stakeholders and accomplished developers to offer residents of all circumstances high-quality housing and retail options; and promoting the growth of diverse educational, artistic, and cultural amenities that will augment New Haven’s status as a leading recreational destination.
Improving New Haven’s global competitiveness: Enhancing New Haven’s competitive stature regionally, nationally, and internationally, and means of access to the world, by increasing its connectivity through Union Station, State Street Station, Tweed-New Haven Airport, and new transit alternatives that align closely with the city’s essential quality of life.