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Connecticut DECD Commissioner Catherine Smith stepping down

During her eight years in the post, Smith spearheaded a variety of programs to generate economic activity and expand business across Connecticut.

Trump’s promise of more funds for Opportunity Zones greeted with tempered...

“These are areas that can’t grow by themselves – they need private investment," says Betsy Paynter, executive director of redevelopment agency CityCenter Danbury.

DECD acknowledges errors in report about job creation, tax credits

The inaccuracies include overstating the number of jobs, failing to collect certain required information and reporting estimates that were off by tens of millions of dollars in 2017.

Gartner leases more space in Stamford, will add 400 jobs

The Department of Economic and Community Development is supporting the project with a $5 million loan for leasehold improvements and other expenses.

Fairfield County Five readies new pitch to NYC firms

According to Fairfield First Selectman Mike Tetreau, the five member municipalities contribute 22 percent of the total income tax revenue to the state, while the county overall contributes 42 percent.

5 county municipalities included in ‘opportunity zone’ nominations for low-income funding

Qualified census tracts are those that have a poverty rate of at least 20 percent of a median income that does not exceed 80 percent of the area median income.

Gov. Malloy: Manufacturing Innovation Fund showing long-term benefits

In 2017 alone, over 4,500 full-time employees completed training that resulted in upgraded skills and increased productivity.

State OKs $56.8M to help companies expanding and relocating to Connecticut

Thirteen companies – including several in Fairfield County – have committed to growing 1,594 new jobs and retaining 2,949 employees across the state.

Connecticut makes its pitch for Amazon’s HQ2

Other contenders include New York City, Boston, and Austin, Tex., home to Whole Foods -- which Amazon acquired recently.

Stamford makes DECD short list for Amazon proposals

Cities that did not win DECD approval such as Bridgeport may still make direct appeals to the retail giant.

Indeed expanding Stamford presence, plans to hire up to 500

The internet job site is receiving a 15-year, $7 million low-interest loan to support the expansion from the state.

Conn. DECD to streamline process for entrepreneurs registering businesses

A new law seeks to promote the state's portal designed to help business owners obtain necessary licenses and permits, as well as identify taxes and other revenue possibilities and benefits.

Grant funding process begins for Connecticut’s Brownfield Remediation Program

$4 million is being allocated for remediation projects and $1 million is set aside for assessment projects.

Norwalk, Brookfield, Shelton receive state grants for brownfields remediation

All told, 14 projects, comprising 424 acres of redevelopment, are receiving $6.9 million.

Marriott cutting 163 Stamford jobs; facing significant penalties from state

The layoffs will take place between Dec. 31 and Jan. 13, 2017.