Business

The 2019 Groton Economic Development Strategy (PDF) is designed to empower Groton communities to create an economic future that realizes their full potential.

The Vision

Becoming communities of choice while hosting a diverse economy with innovation and activity that will lead to regional transformation and shared prosperity.

What sets this strategy apart from others is the guiding principle of putting people first. Groton is home to a diverse population with varying needs and interests. This strategy seeks to look at the intersection of people with place.

The Strategy's Overarching Goals include:

  • Increase the percentage of people who both live and work in Groton
  • Shape Groton's pockets of economic activity into places where people connect
  • Strengthen and diversify the transportation network to accommodate transformative growth
  • Promote and connect Groton's educational assets from early education through higher education, lifelong learning, and new career development
  • Grow and diversify existing and emerging opportunities
  • Provide an environment that nurtures entrepreneurs and startup companies
  • Connect, communicate, and educate on economic development

Our Approach

Incorporated in 1964 the City of Groton takes pride in the entrepreneurial spirit, vision, and perseverance found in its business community. Throughout the City's history, economic growth has been fueled by ambitious individuals and collaborative efforts that have pushed the needle forward. The City of Groton's Economic Development staff and commission are committed to supporting the recovery and revitalization of our local economy by proactively unifying economic interests. Our team strives to unite stakeholders in creating a future that realizes the community's full potential.