The Connecticut Green Bank – an international model for funding clean energy projects – says it would have to shut down under the latest budget proposal. The bank says it would lose essentially 100 percent of the funding it uses to leverage much larger amounts of private financing.
Stories about business growth in Connecticut across industries including health care, child care, manufacturing and film.
Last night, the budget politics — today, the details
Legislators arrived at the State Capitol on Friday with the opportunity for the first time to see the details of a $41.4 billion, two-year budget proposal that the administration of Gov. Dannel P. Malloy and Democratic legislative leaders hoped would end Connecticut’s summer-long budget impasse.
For CT, strides and stumbles in quest to spur bioscience industry
Connecticut is losing more bioscience jobs than it is gaining, despite a sizable jump in research and development jobs over the last three years. Alexion’s departure is the latest in a line that has undercut bioscience growth. Nonetheless, many say New Haven is nearing a “critical mass” after years of effort by Yale and a new cluster is emerging in Farmington after more than $1 billion in state investment.
One option for promoting faster public Internet still on the table
Updated at 6:30 p.m.
A bill that would have prevented towns from using their reserved space on telephone poles to provide high-speed Internet services to the public failed to gain enough traction to get out of committee this session. That leaves an option on the table for town and municipal officials looking for creative ways to improve the state’s Internet infrastructure.