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While President Donald Trump's signing late this afternoon of the $2 trillion COVID-19 aid package should address the PPE shortage, Lamont said it would probably be three-plus weeks before that money arrives to the state.
The Department of Economic and Community Development announced that, having received over 4,000 applications, it will stop accepting them as of 6 p.m. today -- but that it will return with double the funding, at $50 million. But that action will be temporary, according to DECD Commissioner David Lehman.
“We believe this program provides the quick, short-term financial assistance (small businesses and nonprofits) need to maintain operations and weather this storm," said Department of Economic and Community Development Commissioner David Lehman.
Targeted at companies with up to 100 employees, as well as nonprofits and sole practitioners, the loans will come with 18-month terms at 0% interest, and capped at $75,000.
As for personal protective equipment (PPE), the governor said that while the wait continues for federal supplies to arrive, "We're not gonna sit around and wait for the cavalry to come in." Lamont said the state is "vetting lots of different options, offers" for PPE, "some of which seem a little shady, frankly."
Dr. Matthew Cartter, the state epidemiologist with the Department of Public Health, estimated that the number of deaths will be "much greater" than the approximately 300-600 recorded each flu season.
“I know this pandemic has brought disruption to all of our lives," Gov. Ned Lamont said, "but we need to pull together as a community and practice social distancing in order to reduce the spread of this virus and protect the well-being of our neighbors and our loved ones.” Lamont said.
Since the governor repeated his request on Friday for members of the public, businesses, and philanthropic organizations to consider donating items of Personal Protective Equipment (PPE), more than 100 entities have filled out the donation form expressing interest in giving.
“We’re in much better condition than many of our peer states,” Gov. Ned Lamont said, referring to Connecticut’s $200 million surplus and the $2.5 billion in its rainy day fund. “That can be depleted very quickly depending on the scale of the crisis and what the fed does, but we’re in a relatively good position.”
The $1 trillion spending proposal from the White House would include $500 billion in direct payments to Americans. Indications are that that bill will be introduced early next week.
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.
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.
Marketing an individual company is obviously not the same as marketing an entire state. But according to Peter Denious, who in August was appointed...