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CT reinvigorating business recruitment and retention efforts

“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.

Gov. Lamont’s State of the State address: ‘I have never been...

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.”

18,000 small businesses apply for CT relief grants, but only 10K...

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.

Connecticut CARES Small Business Grant Program taking applications

All funds will be disbursed to approved applicants by Dec. 30, and will not require repayment.

Lamont extends Covid-19 exec orders to February; new guidance for school...

“It will be important going forward that sports league or event organizers give their coaches and players the tools to mitigate risks of transmission as much as possible," said Department of Public Health Acting Commissioner Deidre Gifford.

‘Needle moving in right direction’ for CT manufacturers

“Workforce development begins in kindergarten," says Kelli Vallieres, executive director of the newly-formed Connecticut Workforce Development Unit. "By talking with them at such a young age about what they’re interested in, you can find the fire that sparks their interest."

Covid-19 forces further social restrictions; 68 municipalities now have ‘red zone’...

Within Fairfield County, "red zone" municipalities now include Bethel, Bridgeport, Brookfield, Danbury, Monroe, Norwalk, Shelton, Stamford, and Stratford.

Manufacturing sector: Uncertain future, but state vows expanding efforts at support

Asked about their outlook for the Connecticut economy, 60% of respondents to a CBIA survey said they expect a contraction over the next 12 months.

Gov. Lamont unveils statewide workforce development plan

“This pandemic has made this more relevant than ever," the governor said.

Gov. Lamont launches grant program to aid small businesses; Restaurant sector...

The program will provide businesses and nonprofits in Connecticut that have fewer than 20 employees, or a 2019 payroll of less than $1.5 million, with a one-time grant of $5,000.

CT creates $9M grant program for nonprofit arts groups to help...

Qualifying organizations will receive a base grant of $5,000. For organizations that have raised funds between March 10 and Nov. 1, the program will offer a supplemental match of 50% of contributed income during that period.

State COO Geballe optimistic about state’s future, but CBIA survey indicates...

According to the new CBIA survey, 47% of businesses expect to see a profit this year – down considerably from 77% last year – with 28% forecasting a loss (versus 11% in 2019) and 25% hoping to break even (versus 13% last year).

PPP Flexibility Act provides further opportunity for business owners, though some...

“We’ll see how it plays out,” says Connecticut Restaurant Association Executive Director Scott Dolch.

CT tourism sector launches $1.2 million recovery campaign in midst of...

Although one national forecast says that domestic travel spending will drop 40% this year, Connecticut Office of Tourism Director Randy Fiveash maintains that Connecticut's hospitality sector is “a very resilient industry,” and predicted that thousands of lost jobs will quickly be filled as the summer goes on.

CT relaxing some social restrictions; private gatherings can now be up...

Gov. Ned Lamont acknowledged that any coronavirus flare-ups and/or an increase in hospitalizations could negatively affect the situation. "Plan accordingly, knowing there's a fair amount of risk," he said.