Member News

Feb 27, 2012
1 min

Gov. Dan Malloy’s Proposal on Changes to the Connecticut Technical High School System (CTHSS)

Gov. Dan Malloy earlier this month proposed legislation making changes to the Connecticut Technical High School System (CTHSS) in order to tailor programming to the needs of employers. In addition to programmatic changes, the governor wants to change the governance of CTHSS to an independent, 11-member board whose members are made by appointment, removing oversight from the State Board of Education. The process would be led by the Department of Education in collaboration with

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Feb 16, 2012
3 min

CT Angel Investor Tax Credit, FAQ’s for Businesses & Investors (Update!)

Click Here for an Up-to-Date List of Qualified Connecticut Companies ——— The forms: Qualified Connecticut Business Application ($250- non-refundable fee to apply) Angel Investor Certification/Request for Tax Credit Reservation Form What is the Connecticut Angel Investor Tax Credit? Included in the recently passed Bill 5435, Public Act No. 10-75, is the Angel Investor Tax Credit. It allows angel investors who invest at least $25,000 in a Connecticut start-up business in appro

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Jan 9, 2012
1 min

Comments wanted- Draft of CT Innovation Ecosystem RFP

The State of Connecticut allocated $5mil/yr funding (via DECD and CI) to fund building the startup ecosystem. How will the money get spent? Here is a draft RFQ from the State of Connecticut. Comments welcome prior to 1/13/2012. For some great background about the Innovation Ecosystem meetings, visit CTC Board Member, Miles Lasater's blog, click here. “The State of Connecticut is working with entrepreneurs, economic development organizations and institutions to build a world

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Jul 29, 2011
2 min

The Future Growth of the Hydrogen & Fuel Cell Industry in Connecticut

On Wednesday, July 27, 2011, the Connecticut Hydrogen Fuel Cell Coalition (CHFCC) held a round table meeting to discuss the status of hydrogen and fuel cell expansion in Connecticut with state officials. The CHFCC, administered by Connecticut Center for Advanced Technology (CCAT), works to enhance economic growth through the development, manufacture, and deployment of fuel cell and hydrogen technologies and associated fueling systems in Connecticut. Members of the CHFCC, incl

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Nov 23, 2010
1 min

State of CT outreach initiative for entrepreneurs & tech companies

CTC is one of several groups in CT that is partnering with CT's Department of Economic and Community Development (DECD) and its Office of Business & Industry Development on this outreach initiative for entrepreneurs and technology companies. It will be held on December 8, 2010 @ 10 AM at UCONN's Stamford campus. For directions: Download Directions_to_UCONN_-_Stamford_campus. If you are an entrepreneur looking for guidance, we hope that you will join us for this event. —– M

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Malloy supports pro-growth state role – even with need to balance Budget

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Nov 23, 2010
1 min

Malloy supports pro-growth state role – even with need to balance Budget

With many states facing budget cut backs, those that continue to maintain world-class systems to monitor, support and accelerate gazelles will have an advantage over the next decade in job creation. Based on Malloy’s interest during the campaign, track record in Stamford as Mayor there for 14 years and his own personal experience with family members who are successful entrepreneurs, the new Governor will be a great friend of the very competitive process of repositioning the

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Jul 18, 2010
3 min

Governor Rell Announces New Tech Business Incubation Initiative at UConn Health Center

FOR IMMEDIATE RELEASE July 18, 2010 CONTACT: Rich Harris, 860-524-7313 rich.harris@ct.gov Governor M. Jodi Rell today announced that a state initiative to spur the development of high-tech start-ups, foster additional economic development and stimulate job creation is expanding to a third location: the University of Connecticut Health Center campus in Farmington. CTech at the UConn Technology Incubation Program is a joint initiative of Connecticut Innovations (CI), the state’

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May 12, 2010
3 min

Governor Rell Celebrates Passage of Sweeping, Bipartisan Jobs Bill

Governor M. Jodi Rell today celebrated passage of sweeping, bipartisan jobs legislation that offers incentives for employers, supports small business and emerging industries, provides resources for tuition and training, helps manufacturers find efficiencies and includes accountability measures to safeguard state taxpayer dollars. The bill was the product of cooperative efforts Governor Rell began in the first leadership meeting of the legislative session. House Bill 5435, An

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May 5, 2010
5 min

Permitting Reform Bill Passes

Here are two press releases from the Department of Economic and Community Development concerning the recent passage of the Permitting Reform Bill. Among several provisions, the bill is aimed at hastening job creation by cutting through bureaucratic red tape. Governor Rell Hails Passage of Permitting Reform Bill May 5, 2010 Contact: Rich Harris, 860-524-7313, rich.harris@ct.gov Governor M. Jodi Rell tonight celebrated final legislative action on House Bill 5208, An Act Concer

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Mar 23, 2010
2 min

Governor Rell: $36 Million in ARRA Stimulus Bonds to Help Lower Financing Costs of Green Energy Proj

$20 Million Dedicated to Cities, Towns for Qualified Energy Conservation Bonds Governor M. Jodi Rell today announced the state is now accepting applications for approximately $20 million in special bonding available through a federal stimulus program for energy conservation projects throughout the state. The bonds can be used to fund portions of larger projects, which include green energy components, as well as stand alone “green” improvement projects deemed to be a qualifie

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Mar 19, 2010
2 min

Stamford Manufacturer, LiQuifix Inc. secures $700,000 CII Investment

Governor M. Jodi Rell today announced that the state is investing a total of $700,000 to help LiQuifix Inc., a Stamford-based maker of a non-toxic, environmentally friendly spray lubricant keep and grow 56 jobs over the next three years. LiQuifix expects to invest $1 million to expand its headquarters, building out its research and development facility. The company makes a “green,” non-aerosol spray lubricant that protects and extends the life of industrial equipment. The lon

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Jan 27, 2010
1 min

Connecticut Innovations Doubling Return to State Coffers

Most impact models look at broad measures, sometimes including multiplier estimates for indirect effects. Connecticut Innovations (CI) takes a different approach, but one that might be expected from the venerable equity investment program – the direct capital return to its initial stakeholder, the state. Bottom line: the program pays for itself, according to recent impact study performed by Connecticut’s Department of Economic and Community Development.. In fact, it has paid

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Oct 22, 2009
1 min

Innovation Matters – Economic Development is now a serious business

Matthew Nemerson's new post on his Innovation Matters blog focuses on Economic Development challenges in the state of Connecticut. He tells us that "what we can do is think of economic development as an apolitical social good that must be mastered to maintain our way of life and the benefits that we take for granted." Read the full article at: http://ct.typepad.com/innovation_matters/2009/10/economic-development-is-now-a-serious-business.html #DECD #connecticut #Economic #

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