Groton Business Committee
Groton Business Update
Thursday, May 16, 2018: 8:00 AM
Welcome to the Groton Business Committee
The Groton Business Committee is a cross section of local business and civic leaders from throughout Greater Groton working together to help enhance the economic vitality of the Groton Business Community. Groton is geographically defined by the Thames and Mystic Rivers and our area of influence ranges from ‘river to river’.
People you know, people who are in business just like you - people who are networking, making contacts, and improving their own business prospects as they work to improve yours, make up the Groton Business Committee.
The GBC hosts monthly meetings at businesses in Groton and feature guest speakers on topics of general interest and relevant to business in our community. Meet others who have made the commitment to doing business in Groton and have much to share about strategies for success.
GBC liaison memberships on municipal commissions such as Town of Groton EDC and City of Groton ECDC, along with regional groups including the Airport Advisory Committee and Thames River Heritage Park provide a pathway to keep our members informed on current news and developments in venues that effect businesses throughout Greater Groton, and to advocate for the business community.
Come to the next networking meeting - no charge.
Join the Greater Mystic Chamber of Commerce and become a part of the larger business community.
Groton Business Committee Members
Angela McGuirk - Navy Federal Credit Union (Vice Chair)
Kristin Hartnett - GMCC (Secretary)
Al Valente - Jet Pay (Ex Officio)
Peggy Roberts - GMCC
Sam Eisenbeiser - Town of Groton Planning and Development Services
Frank Winkler - Groton Utilities
Jerry Lokken - Town of Groton Parks and Recreation
Notes from Groton Business Meeting, January 17, 2019
Navy Federal Credit Union, 24 Sailfish Drive , Groton, CT 06340
Angela McGuirk, Host
Al Valente, Mystic Chamber Chairman
Navy Federal Credit Union has a lending program to Gov’t employees that are affected by the Shutdown
Al Valente, Jet Pay; Chairman of the Board GMCC, Chairs Groton Business Committee: Al.Valente@jetpay.com
It’s been a good year for the Greater Mystic Chamber of Commerce:
- 12 Events including Fall Fest, Groton Holiday Kickoff, Groton Update and the biggest Mystic Outdoor Art Festival celebrating 62 years
- Met our $ goals, met our # membership goals
- Our welcome center served over 10,000 visitors in 2018
- Concierge program assists visitors with their stay, personal touch. Advertising available in Welcome Center, Members of the chamber only
- Launched GO LOCAL Gift Card program – over $17,000 worth of cards sold since October, that money is out on the streets now being spent at local businesses, Groton can take advantage of this, too
- Advocacy efforts included TIFF, Thames River Heritage Park; larger entity of the chamber helps small businesses have a voice in the municipalities of Groton and Stonington and also Tourism efforts in legislation on the state level
- Tourism – CT is outspent by surrounding states, only 4 million budget for marketing, we’ve had to be creative and work together; we are advocating for the 15% Hotel tax to be specifically designated for marketing in Mystic. Right now it is an open line item and can be used by other programs
Town of Groton Economic and Community Development
Paige Bronk, Sam Eisenbeiser: email@example.com / firstname.lastname@example.org
It seems like we’re repeating ourselves at these meetings because a lot of our initiatives are long range plans. But we do have some updates for you.
Also, we rely on your input and questions, we need it to move forward as YOU are the community.
TIF Tax Increment Financing:
This is a tool for Groton Town and City to promote development. Taking the baseline tax for a key property, the future taxes are projected; the difference between existing and future taxes can be borrowed for development projects.
- Road Improvements
- Public Transit
- Development assistance
Properties: (see exploregroton.com for more info)
Or this article in The Day: https://www.theday.com/local-news/20181216/grotons-unused-properties-generating-interest
- Sealy School – being marketed thru a broker that will bring us a developer
- Groton Heights – Preferred developer has been selected; it will not be housing
- 529 Gold Star Hwy – Preferred developer has been selected
- Col. Ledyard School
- Pleasant Valley behind Cardinal Honda
- Mystic Education Center – 80 acres overlooking the Mystic River. Preferred Developer has been selected. Mixed use of residential, business, work assistance
Our goal is to get some of our larger publicly owned properties back on the tax rolls by selling and encouraging development.
- We are marketing thru our new website exploremoregroton.com
- Also attending ICSC trade shows catering to Bankers, Developers, Investors in Hartford, Boston and NYC
We also want to serve as brokers to connect small businesses in Groton with the best resources to succeed so that they stay in business. The EDC outreach committee meets monthly and we need volunteers to begin relationships by distributing materials keeping businesses updated on their options and our initiatives. We work with the chamber of commerce to stay in touch and help with advocacy.
What you can do:
- Sign up for the monthly newsletter on exploremoregroton.com
- Follow our Facebook, Instagram, Twitter accounts
- Forward our posts and the newsletter to your friends and colleagues
- Volunteer for business outreach
- Keep coming to these meetings
Announcements from the floor:
Health and Wellness Expo March 30th at the Hilton Mystic presented by the Greater Mystic Chamber of Commerce. To sign up go to mysticchamber.org or call Kearney at 860-572-9578
Groton Beautification committee has begun meeting, Chair Lian Obrey. Need volunteers and gardeners – will be focusing on blight. LianObrey@gmail.com
Hosting Groton Business Meetings – If you’d like to host a meeting, they are traditionally on the 3rd Thursdays. Host Business Before Hours 8-9am or Business After Hours 5:30-7 pm
Contact Kristin Hartnett @ email@example.com or call 860-572-9578