Provisions that provide tax incentives for grocery stores opening in CT food deserts were incorporated into the state budget.
Economic Development
Stories about business growth in Connecticut across industries including health care, child care, manufacturing and film.
CT passes new regulations on alternative lenders
The bill lawmakers approved is aimed at improving transparency for CT small businesses that seek financing from certain alternative lenders.
High-speed internet access is expanding in CT. Here’s what to know
Work to deploy broadband access and close equity gaps in CT is underway, and new internet pricing transparency rules will soon take effect.
How Connecticut changed during COVID, in 10 charts
The COVID public health emergency is over, three years after it began. How did Connecticut change, and what changes are here to stay?
Spotlight on film tax credit as DECD reports to legislature
CT has awarded $1.5 billion to film, TV and digital media companies. It remains unclear how much the state’s received in return.
CT leaders want companies to contribute to child care. Here’s how.
Lawmakers expanded the governor’s proposed 25% business tax credit for child care costs to go toward donations to nonprofit providers.
Sikorsky drops challenge after losing Army helicopter contract
Members of CT’s congressional delegation say they’ll keep pressing the Army for answers on why it chose Textron Inc.’s Bell instead of Sikorsky.
CT food deserts: In 24 towns, no stores accept food stamps
CT lawmakers are weighing solutions, including a food access advocacy office and tax incentives to grocery stores opening in food deserts.
Sikorsky challenge to Army helicopter contract is denied
The Stratford-based company had filed a protest to the Army selecting Textron Inc.’s Bell to build the successor to the Black Hawk helicopter.
CT, feds seek limits on non-compete agreements across industries
The CT bill would ban non-compete agreements for most workers earning less than three times the minimum wage.
CT considers ‘truth in lending’ rules for some fintech companies
CT would require certain alternative lenders to disclose the estimated APR on loans to their customers, which are often small businesses.
Lamont signs executive order on strategic plan for CT child care system
Gov. Ned Lamont has created a blue ribbon panel to craft a strategic plan for Connecticut’s child care system by the end of this year.
Pratt & Whitney F135 engine gets big boost in Biden budget
The president’s 2024 budget request would opt to modernize the engine for the F-35 fighter jet instead of looking for a replacement.
CT theaters want tax credit to lure Broadway pre-tour production
Performing arts leaders are pushing lawmakers to approve a tax break for traveling theater productions that choose to “tech” in Connecticut.
CT could see major boost from nuclear submarine deal
Australia would acquire up to five Virginia-class subs built in part by Electric Boat in CT, but challenges remain to meet the demand.