Amid unsettling news from Lego, Lockheed-Martin and Digital Currency Group, Alexandra Daum says the key to growth is telling CT’s story.
Department of Economic and Community Development
Posted inNews
Lamont easing COVID restrictions: ‘We’ve earned the right.’
Theaters can reopen on a limited basis, and restaurants and wedding venues can increase capacity.
Posted inNews
Mystic Aquarium restructures for COVID — and beyond
A mix of loans, philanthropy and other measures will stabilize the COVID-damaged finances of Connecticut’s largest tourist attraction.
Posted inEconomic Development, Money
Lamont’s first try at COVID-19 relief: 0% loans for small businesses
A plan to help people who have lost their jobs is slated for debut later this week.
Posted inEconomic Development
Best of 2019: Connecticut looks for a future in its manufacturing past
After a quarter century of wrenching change and loss, Connecticut sees manufacturing as an engine for growth.
Posted inEnergy & Environment
New offshore wind award is largest renewable project ever for CT
With federal tax credits set to expire at the end of the year, the state has chosen Vineyard Wind to develop an 804-megawatt offshore wind project.
Posted inEconomic Development
Connecticut looks for a future in its manufacturing past
After a quarter century of wrenching change and loss, Connecticut sees manufacturing as an engine for growth.
Posted inEconomic Development
Connecticut steps away from big-ticket incentives
When it comes to economic development, Gov. Ned Lamont says that the state is largely out of the business of big-game hunting.
Posted inPolitics
Lamont connects abortion rights, business climate
Connecticut’s governor used the fight over abortion rights Monday in an economic pitch to women who own businesses in Alabama, Georgia and Missouri.
Posted inPolitics
Senate confirms David Lehman at economic development
The Connecticut Senate voted overwhelmingly Wednesday to confirm the nomination of David Lehman as commissioner of economic and community development, ending nearly a two-month debate over Lehman history as a Goldman Sachs partner,
Posted inPolitics
Lamont: DECD nominee unfairly tainted by ’08 collapse
Gov. Ned Lamont delivered a full-throated defense Monday of David Lehman, saying his economic-development nominee is unfairly tainted by his tenure at Goldman Sachs.
Posted inPolitics
A Wall Street exec volunteers, and Lamont readily accepts
The choice of Goldman Sachs partner David Lehman as the state’s new economic czar resulted from a cold call Lehman made after hearing the governor’s inaugural speech.
Posted inEconomic Development
CT allocates $13.6 million for cleaning up brownfields
Connecticut will spend $13.6 million to assess or redevelop brownfield sites in 14 municipalities, marking Connecticut officials’ latest effort to clean up polluted properties and spur economic development, Gov. Dannel P. Malloy announced Monday.
Posted inEconomic Development, Money
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.
Posted inMoney
A unanimous House votes for oversight bill vetoed last year
Connecticut’s legislators acted Wednesday for the second time in two years to require independent oversight of the millions of dollars in grants, loans, tax credits and other economic incentives extended to business, often a political flashpoint as states compete to attract and keep jobs.