Economic Development News

Connecticut Innovations announced this week that it has selected Orthozon Technologies L.L.C., a Stamford-based medical device company, to receive funding in its latest round of pre-seed funding for startups focused on innovations in bioscience and medical devices. ...

In June Connecticut homeowners should be able to apply for the first round of federal Hurricane Sandy relief grants to repair storm damage and “storm-proof” their homes ...

Developers and city officials yesterday marked the start of improvements to the roadways along Bridgeport's Steel Point peninsula, the site of a planned 2.8 million-square-foot mixed use development. ...

On May 3, FuelCell Energy Inc., Dominion Resources Inc. and numerous public officials participated in a ceremonial groundbreaking for the largest fuel cell power project in North America and the second largest in the world. ...

NewOak Credit Services L.L.C. will lease 10,000 square feet in the Matrix Corporate Center and expects to create 50 new jobs within its first year. ...

A digital map of Connecticut startups and service providers is now available online. ...

The Hackerspace is among the centerpieces of a citywide effort to attract more businesses and patrons to downtown Danbury. ...

A new report says Gov. Dannel P. Malloy should be commended for his efforts to address the state’s fiscal outlook and economic development policies, but that his work hasn’t gone far enough ...

Buck Harris said nominating Chris Runyan for the Connecticut SBA’s small business owner of the year award was an easy choice ...

The Yonkers Industrial Development Agency on Wednesday tentatively approved tax exemptions for a Yonkers developer’s $72 million, 270,000-square-foot mixed-use project on a dilapidated commercial block at Yonkers Avenue and Bronx River Road.  Cottage International Development Group plans to build Kimball Residences, a 14-story tower with 220 market-rate rental apartments. The project is centered at the site ...

The Bridgeport Sound Tigers is just one part of the resurgence at Bridgeport’s Webster Bank Arena being touted by city officials and tourism industry advocates. ...

Mayor John A. Harkins’ economic development policies are paying off in one of Fairfield County’s easternmost cities, Stratford officials say. ...

The fate of the $70 million Bedford Square proposal to repurpose parts of Church Lane in Westport as retail, residential and office space now rests with town planning and zoning officials. ...

Baby boomers looking for the next phase of employment may want to look in the mirror. ...

Bruce Ratner stays on as chairman of development giant behind Ridge Hill. ...