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“The availability of SBA loans is another key piece of a broader set of relief measures the Lamont administration continues to put into place for individuals and our business community,” DECD Commissioner David Lehman said.
The report by the bipartisan Auditors of Public Accounts says two companies received $16 million and $20 million, respectively, when they were each eligible for just $10 million.
Attracting more business to Connecticut, reducing some taxes and tuition fees, legalizing marijuana – and, of course, bringing tolls back to state highways – were some of the themes of Gov. Ned Lamont’s “State of the State” address at the State Capitol’s Hall of the House of Representatives on Feb. 5.
Lamont’s $22.3 budget proposal keeps taxes essentially flat, while projecting a Budget Reserve Fund of $2.8 billion by the close of Fiscal Year 2020.
Formerly with the New Jersey Economic Development Authority and the U.S. Department of Commerce, David Campbell has 17 years of economic development, international business and policy experience, including expertise in attracting foreign direct investment, entrepreneurs, and innovative technologies.
Jobs CT is a performance-based incentive program for businesses to expand or relocate jobs to Connecticut, while Small Business Express 2.0 is a new version of the state’s program that helps small businesses.
While the current version of Gov. Ned Lamont's CT2030 transportation plan estimates its trucks-only tolls component will raise $170-180 million a year for infrastructure improvements, that is only "a small fraction of what is needed,” according to State Sen. Alex Bergstein, D-36th (Greenwich, New Canaan and Stamford),
AT&T will provide 4G LTE technology along the busiest commuter rail line in the U.S. from New Haven to Connecticut’s western border, and can upgrade to 5G as that technology matures and customer demand calls for it.
Marketing an individual company is obviously not the same as marketing an entire state. But according to Peter Denious, who in August was appointed...
In addition to the Stamford executive, the CERC board voted to add leaders from Eversource, Avangrid Networks, the Hartford Foundation for Public Giving, and Quinnipiac University.
According to CBIA/CONNSTEP’s first Connecticut Manufacturing Report, issued at the 2019 Manufacturing Summit, workforce tops manufacturers' concerns, with 60% of poll respondents saying it was their most significant need – and 56% saying it was “difficult” to both find and retain young workers.
Meanwhile, Arthur House, the state’s chief cybersecurity risk officer, has left that position.
“We are focusing on what money is going out and what we are getting in return,” the Greenwich resident says. “Ultimately it’s about the cost to the taxpayer – and I am certainly one of those."
“We’ve got to hit the elephant in the room – getting our fiscal house in order,” the governor said in his remarks to the Chamber of Commerce. “I just want to get this thing going."
The ultimate goal, says founder Jonathan Winkel, is “to get exposed to knowledge, ideas and skills, to make connections and introductions, and to meet peers outside of your normal routine.”