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“We’re just doing our job here, building up a city," says Director of Economic Development Thomas Madden.
“We live in a great state with a great value proposition," says Peter Denious, president and CEO of AdvanceCT, the state government’s economic development entity. "I say, ‘Bring it on!’ Let’s go play offense for a change.”
The company's proprietary technology promises fully underwritten pre-approvals in hours, an on-time closing guarantee, and a price match for the lowest possible mortgage rates.
This month, the Women's Business Development Council will award nearly $400,000 in grants to 44 businesses, 32% of which are minority-owned.
The section encompasses such institutions as Keeler Tavern, ACT, the Aldrich Museum, and Ridgefield Playhouse,
While one might expect David Lehman to call himself "very positive on Connecticut over the next two years,” he appears to have the data and vision to back that claim up.
Expected to be open sometime during the second half of the year, the revitalized facility will include a 700-ton travel lift for hoisting large vessels, making it one of the largest such lifts in the New England region.
“We started about a year and a half ago,” Demetrius Glover, owner of wellness and community-building event company SolHaus in Stamford, said, “so with Covid, doing meditation and live entertainment at company events became difficult.”
DECD Commissioner David Lehman told the Business Journal that he expected to announce “a couple of big companies” relocating to Fairfield County from Westchester and New York City in the coming few weeks.
"Connecticut has earned it," the governor said. "It feels pretty good that we're able to do this."
According to the DECD, over 90% of the businesses registered in the state are small businesses; they employ over 50% of Connecticut’s workforce.
The $10 million grant from the U.S. Department of Labor will help build career pathways in the information technology and advanced manufacturing sectors.
“We’re a lot further along in being proactive versus reactive -- and it’s beginning to pay dividends," says Peter Denious, president and CEO of AdvanceCT, the state government’s economic development entity.
This year, the governor said, “We will continue to emphasize our best-in-the-nation public schools and workforce development, making sure every child, regardless of zip code, race, color, or creed, has the best opportunity at the starting line of life.”
The $5,000 grants can be used for payroll, rent, utilities, inventory, purchase of machinery or equipment, or costs associated with compliance of the ongoing Reopen Connecticut Business Sector Rules.