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February 2012
EDC Workshop: New Market Opportunities for Photonics and Fiber Optics Companies
2/7/2012, 4:00 PM
Springfield Technical Community College Campus, Springfield, MA
ITBD/CCSU/TD Bank Executive Breakfast Seminar: Corporate Social Responsibility
2/9/2012, 7:30 AM
ITBD, New Britain
XCellr8 CT Growth Cell Meeting
2/9/2012, 8:00 AM
Nerac, Tolland
MHT BIOForum: Strategies to Get Your Product to Market
2/16/2012, 7:30 AM
Harvard Medical School, Boston MA
Soundview Innovation Cell - CT Growth Cell Meeting
2/21/2012, 12:00 Noon
Stamford Marriott, Stamford
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News Archive
2011 Archives
2010 Archives
Tech Council warns: Fast-Growing Firms Will Leave Connecticut
12/20/2010 - The Hartford Courant - Connecticut, which already lags in creating new businesses, is in danger of losing some of its cherished high-growth technology firms because of its poor entrepreneurial environment, says a report being released today by the Connecticut Technology Council says. Read the full article
High-Tech Firms Need Nimble State
12/19/2010 - The Hartford Courant - Although most established businesses want lower taxes and less regulation, this isn't necessarily the top desire of leaders of the fastest growing high-tech firms. These leaders require value: They can tolerate high costs if it buys high performance. Gov-elect Dan Malloy must recognize this distinction. Read the full article
Connecticut Technology Council seeks nominees for "Women of Innovation Awards Program"
12/19/2010 - West Hartford News - Now in its seventh season, the Connecticut Technology Council is seeking candidates from throughout Connecticut for its annual Women of Innovation awards program. Read the full article
Survey: Tech firms find it's hard to thrive in state.
12/18/2010 - New Haven Register - Leaders of Connecticut technology firms enjoy the quality of life the state offers, but feel the business climate makes it difficult to thrive and grow here, according to a new study by the Connecticut Technology Council. Read the full article
Malloy must put focus on high-tech
12/17/2010 - Norwich Bulletin - A report issued Friday by the Connecticut Technology Council, critical of the state’s failure to capitalize on the potential growth of that industry, should serve as a wake-up call to General Assembly leaders who like to talk about job growth, but have done little to achieve it. Read the full article
CEOs: CT's tech-sector support sorely lacking
12/17/2010 - Hartford Business Journal -
Connecticut's technology executives warn the state risks falling behind in high technology jobs and development, and could lose them, unless it devises a cohesive strategy for supporting and nurturing the sector. Read the full article
Business Briefs: DRS Fermont finds energy savings
12/17/2010 - CT Post - DRS Fermont of Bridgeport, the maker of generators for the Defense Department, received an incentive check of $218,991 for its participation in the Connecticut Energy Efficiency Fund's Energy Opportunities program. Read the full article
High Tech Sector looking for love from new guv
12/17/2010 - CT Mirror - Top managers at Connecticut's fastest-growing, high-tech companies say that they are frustrated by inattentive state officials, inadequate transportation and weak ties to
colleges and universities. A six-month study by the Connecticut Technology Council
found that high-tech companies are the key... Read the full article
Alliance aims to connect investors, start-ups, funds
12/09/2010 - New Haven Register - The Connecticut Venture Group has formed an alliance with the Connecticut Technology Council, intended to help improve the business climate for technology, investors and entrepreneurship in the state. Read the full article
Higher One to double New Haven Staff
12/07/2010 - Hartford Business Journal - Electronic payments provider Higher One Inc. is investing $45 million to expand its Science Park headquarters in New Haven, an effort that will add another 200 jobs to double its Elm City payroll, authorities say.
Read the full article
CT R&D Spending Drops
12/06/2010 - Hartford Business Journal - Investment in research and development by Connecticut companies dropped 2 percent in 2009, mirroring a troubling national trend and hindering future state economic growth. Read the full article
Tech Firms Finding CT A Challenge
12/06/2010 - Hartford Business Journal - In the fall of 1999, Manish Chowdhary, a 20-year-old undergrad from India studying computer engineering at the University of Bridgeport, launched an e-commerce company out of his dorm room. Today, GoECart is among less than a handful of cloud computing, software-as-a-service providers in Connecticut. And it is competing with the likes of Amazon and Yahoo. Read the full article
In CT's Tech World, He's Ringmaster
11/08/2010 - Hartford Business Journal - When Matthew Nemerson was a kid, he’d zip around town, riding through street after street in his hometown of New Haven, wondering at the history that swirled inside old, abandoned factories that looked like dinosaurs from another age. Read the full article
U.S. Rep. Rosa L. DeLauro met with technology and manufacturing leaders; including CTC board members, Matthew Nemerson, James Boyle, Kevin Burns
08/06/2010 - New Haven Register - Read the full article.
Connecticut loses a bigger percentage of its young workers than other states in the country
Matthew Nemerson joined DECD Commissioner Joan McDonald and Partnership for Stronger Communities for the discussion on CPBN'sWhere We Live: CPBN Podcast, click here
News items about the Women of Innovation Awards 2010
Fifty-nine innovative, outstanding women from across Connecticut were honored January 20th during the sixth annual Women of Innovation awards dinner. The awards program recognizes women in the workforce who are innovators, role models and leaders in the technology, science and engineering fields. Students at both the high school and college level were also recognized
CTC Announces Winners of the Women of Innovation Awards
1/20/2010 - Read the full press release
01/06/10 – CT Post – Read the full press release
Tech Council Honors Finalists
01/06/10 – CT Post – Read the full press release
2009 Archives
12/30/09 – New Haven Register – Hartford - Twelve area women leaders in technology professions have been nominated for the Connecticut Technology Council’s 2010 Women of Innovation Awards Ceremony to be held in Southington on Wednesday January 20th … Read the full article.
12/29/09 – New Haven Register – A Pew Research survey shows that 50% of Americans have a negative impression of the past decade … but developments viewed favorably included advances in technology and communications. Among memorable moments locally, noted Matthew Nemerson, President and CEO of the Connecticut Technology Council, include a “restaurant renaissance”; the opening of IKEA in New Haven; the growth of casinos into East Coast destinations; the rise and fall of property investments for research and development by Bayer …Read the full article.
12/29/09 – The Ridgefield Press – Hartford - Four women with Ridgefield ties are in the running for technology honors. Read the full article.
12/11/09 – MyRecordJournal.com – Hartford - Wallingford area women leaders - Katherine Ayers, director of research for Proton Energy Systems Inc., and Wynne Cerone, chief technology officer of Imaging Solutions Inc. both of Wallingford have been nominated for CTC's Women of Innovation Awards. Read the full article.
12/11/09 – Benzinga – CTC Announces Finalists for the Women of Innovation Awards. Read the full article.
10/09 – American Society for Cell Biology –Recognizing Women in Science and Science-related Endeavors - If you know a woman who deserves this recognition, why not nominate her? You don’t have to be a woman to nominate someone. The Women of Innovation Planning committee of the Connecticut Technology Council is seeking nominations for Connecticut women who have earned recognition in the technology, science, and engineering fields for the 2010 Women of Innovation Awards. Honored will be women who are innovators, role models, and leaders who work as researchers, educators, managers or service providers. Nominees can come from … Read the full article.
Articles about the 2009 UHY LLP Tech Top 40 Companies
10/07/09 – New Haven Register – New Haven - 13 in CT Among Top 40 - New Haven County is home to 13 of the state’s 40 fastest-growing technology companies, announced by the Connecticut Technology Council and UHY LLP. The October UHY LLP Tech Top 40 Awards are based on revenue growth over four years. Matthew Nemerson, president and chief executive officer of the Connecticut Technology Council, said “These are not flukes.” This is a dark time for most sectors. To have an occasion where everyone is successful and growing by double digits or more is a rare occasion.” Alex Discepolo, managing director and head of the New England tax practice for UHY, said tech companies can benefit from refundable tax Read the full article.
10/23/09 – AllBusiness – from the Connecticut Post Online (Bridgeport, Connecticut) - CT Companies Garner Tech Honors - The economic downturn has taken a toll … but Fairfield County technology companies appear to be bucking the trend as four of six categories in the annual Connecticut Technology Council UHY LLP Tech Top 40 were captured by companies based in the county. Norwalk, Clean Diesel Technologies Inc. in Stamford, M2 Media … Read the full article.
10/24/09 – New Haven Register – Wallingford - 15 years after Alexion Pharmaceuticals of Cheshire brought its first drug therapy to market, sales have skyrocketed with the new drug Soliris, approved in 2007 by regulators in the United States and Europe. Last year, Alexion was named one of state's Top 40 tech companies by the Connecticut Technology Council and the public accounting firm UHY LLP.
10/26/09 – MyRecordJournal.com – Cheshire -- Alexion Pharmaceuticals on Knotter Drive was named the fastest growing company Thursday by the Connecticut Technology Council. The company was among several other state companies named at an award ceremony at the Chevrolet Theater in Wallingford. The winning companies were selected on the basis of revuenue growth over the last four years.
Press Releases by winners of the 2009 UHY LLP Tech Top 40 Companies
10/20/09 – GlobeNewswire – CAS_Medical_Systems - Read the full press release.
10/24/09 – TradingMarkets – Alexion – Read the full press release.
10/26/09 – Connecticut Post – Alexion No link
10/26/09 – FreshNews.com – Tangoe, Inc. - Read the full press release.
10/28/09 – TopCoderDirect – TopCoder - Read the full press release.
12/08/09 – dBusinessnews – Protegrity Corporation - Read the full press release.
12/15/09 – PR-inside.com – Terra Technology - Read the full press release.
CTC and UHY LLP Release 2009 Top 40 Fastest Growing Companies in Connecticut
9/14/09 - The Connecticut Technology Council and UHY LLP are releasing their 2009 list of the state's 40 fastest growing technology companies. The UHY LLP Tech Top 40 list of winning companies is compiled on the basis of revenue staegrowth over the last four years. Companies considered for this recognition have at least $3M in revenue, although some of the public companies listed have exceeded $1Billion in revenue. Primarily, UHY LLP Tech Top 40 companies are privately held, but twelve public companies, including Priceline.com and L-1 Identity Solutions, are also winners ... Read the full press release.
Press Releases by winners of the 2009 CT Companies to Watch
10/01/09 – PR Log – Telesis Recognized Read the full press release.
10/02/09 – News Blaze – Z-Medica Read the full press release.
10/02/09 – PR-inside.com - Z-Medica Read the full press release
CTC Names 2009 Emerging Connecticut Tech Companies to Watch at September 17th Awards Program
9/14/09 - Over 300 entrepreneurs, event sponsors and service providers are expected to gather on Thursday, September 17, 2009 at The Omni Hotel, New Haven for the Third Innovation Pipeline Awards, celebrating the most promising early stage technology companies in Connecticut. Companies to Watch is part of CTC's larger event on the same day - the Cantor Colburn/CCAT Innovation and Entrepreneurship Summit. A northeast angel investor summit is also included. Highlighting the evening program will be a poster fair, with 119 “Companies to Watch”presenting their products... Read the full press release.
Innovation Pipeline Accelerator Management to Change Hands
9/09/09 - Matthew Nemerson, President and CEO of the Connecticut Technology Council (CTC) and Elliot Ginsberg, President and CEO of the Connecticut Center for Advanced Technology, Inc. (CCAT) jointly announced today that the statewide one-stop intake and resource matching program for start-up and early stage high potential technology firms, the Innovation Pipeline Accelerator (IPA), has been transferred to CCAT. The program has worked with over 500 small and prospective employees since its inception and is considered a national model for entrepreneurs ... Read the full press release.
CTC Announces Edwards Angell Palmer Dodge FastTrack Selections for 2009
9/09/09 - The Connecticut Technology Council has selected its 2009 class of FastTrack companies; these high potential companies are likely to achieve significant revenue growth in the next year and beyond. Companies will be paired with mentors, introduced to investors as appropriate and assisted in the selection of screened service providers where needed. FastTrack companies were culled from a broad base of over 500 emerging technology companies in CTC’s Innovation Pipeline Accelerator Program (IPA), which serves start-ups and ...read the full press release
Connecticut's Business Community Urges Rejection of Finance Committee's Tax Cut Proposals
4/23/09 - Business leaders from the Connecticut Business & Industry Association (CBIA), the Connecticut Technology Council, and IT companies from across the state are urging legislators to reject the Finance Committee's plan to eliminate the sales tax exemption on certain computer and data processing services because it would cost thousands of jobs. At an April 23rd news conference in Hartford, business leaders said repealing the tax exemptions would make our state's IT companies less competitive and would severely impact Connecticut's economic recovery. Read the full press release.
CTC President Matthew Nemerson Elected President of North American Trade Association for Technology Organizations
4/09/09 - Matthew Nemerson, 53, president & CEO of the Connecticut Technology Council (CTC) was elected president of the Technology Councils of North America (TECNA) at the organization’s semi-annual conference in Baltimore. His term of office is for two years. TECNA represents regional and state technology councils and associations throughout the United States and Canada. Nemerson’said, “I am proud to have earned the confidence of my peers in a short time and excited to have this opportunity to be involved at a national level in strengthening the technology industry during a critical time for the economy.”Read the full press release
$37M in Venture Capital Buoys State
1/18/09 - New Haven Register - Venture capitalists invested $37.3 million in Connecticut businesses during the first quarter of this year, up from the $20.1 million spent in the same period in 2008, according to a report released by PriceWaterhouseCoopers and the National Venture Capital Association. Matthew Nemerson, president of the Connecticut Technology Council, an industry advocacy group, said the unfavorable economic environment over the last year has caused companies to remain in VC portfolios longer ... Read the full article
Array Of State Science Programs Targets Middle School Girls
4/07/09 - The Hartford Courant .... Education in STEM subjects has long been considered important to boosting Connecticut's workforce, but educators are now specifically wooing middle school girls. ... State educators and employers say reaching girls earlier, while they are still developing perceptions of women's roles in the work world, will help encourage more of them to chose STEM fields."They're making those choices [about math and science courses] at 13, 14, and 15 years old," said Paige Rasid, the marketing and operations manager for the Connecticut Technology Council. "That really does determine what their life will look like as they finish up college." The council, which recognizes "Women of Innovation" in the field each year, launched a "Girls of Innovation" program in January.
Glacier Moves to the Future with Wearable Computer
4/18/09 - ConnPost.com - Technology caught up with Dick Tracy's Two-Way Wrist Radio over the past decade as cell phones shrank to the size of a gum pack. Now it's taking a leap forward with the launch of Glacier Computer's Ridgeline W200, a 10-ounce computer that is worn around the wrist. "The pros and cons of a wearable computer can vary depending on its intended use" said Matthew Nemerson, president of the Connecticut Technology Council ... Read the full article.
All Brains, All The Time At 2009 Women of Innovation Awards
1/31/09 - The Hartford Courant - Woman power filled the room at The Aqua Turf in the Plantsville section of Southington Thursday as the Connecticut Technology Council handed out its 2009 Women of Innovation Awards. "Women can do anything and should be recognized for the work we do,"... See the Event Recap.
2008 Archives
December 2008
November 2008
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Economists, Executives, Officials Share Ideas on CT Economy
October 2008
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New Vision for Social Networking from Award-Winner Things Are Common LLC
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Ikonisys Named 2008 'Company to Watch' by CTC's Innovation Pipeline Accelerator Program
September 2008
July 2008
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A Break for Angels
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Value of Deals Drop in 2nd Quarter
June 2008
May 2008
April 2008
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Investors More Cautious
February 2008
- Yale Scientist Erin Lavik Honored For Academic Innovation and Leadership
- Innovator of the Year - Higher Power
2/04/08 - CT Business News Journal - In discovering an under-served market, Higher One builds a potential financial services powerhouse ..."So many times innovation is not so much about invention as it is about applying common sense to problem-solving," says Matthew Nemerson, President and CEO of the Connecticut Technology Council ...
- Sikorsky Employee Wins Connecticut Technology Council Award
2/01/08 - UTC Press - Sikorsky Lead Survivability Engineer Suzan DeGarmo won the “Large Business Innovation & Leadership Award” at the fourth annual “Women of Innovation” awards on Jan. 30. Six other UTC employees were finalists in the Connecticut Technology Council’s “Women of Innovation” awards program, which recognizes innovators, role models and leaders.
January 2008
2007 CT Tech News Archive
2006 and before CT Tech News Archive
January 2005
November 2005
- Connection Concepts’ DataPortal™ special IBM webcast introduces Instant “data” Messaging without uneeded extra development.
October 2005
- Connecticut Technology Fast 50 Awards
- CERC Releases Benchmark Study
Connecticut’s Economy Faces Serious Growth Challenges,
Report: Key growth indicators show state losing ground
- CT Technology Council to Recognize Women Innovators and Entrepreneurs Statewide; Seeks Candidates for Second Women of Innovation Program
- The WorkPlace, Inc. has won a $557,000 grant to work with partners on “Western Connecticut’s Project with Industries.”
- HAB Technologies Launches People Powered Market Maps
to Turn Information into Competitive Advantage for Businesses
September 2005
- Sonalysts has won Navy contracts potentially worth more than $33 million
- Swift Transportation Selects Netkey for Innovative Employee Self-Service Kiosk Project
August 2005
- Small Business Drives the U.S. Economy
July 2005
June 2005
June 2005
March 2005