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Economic Development

September 27, 2018

Transportation Lockbox and Sale of Public Land On The Ballot Too

by Jack Kramer | Sep 27, 2018 11:01am
Posted to: Agriculture | Economic Development | Election 2018 | Energy | Environment | Transportation

ctnewsjunkie file photo

HARTFORD, CT—While the focus in recent days and weeks has been on who will be Connecticut’s next governor, there are also two other hot button issues that will be decided by voters on Election Day.

Continue reading "Transportation Lockbox and Sale of Public Land On The Ballot Too" »

September 25, 2018

Economic Development Official Apologizes For Reporting Errors

by Christine Stuart | Sep 25, 2018 4:30am
Posted to: Economic Development | Jobs | Transparency

HARTFORD, CT — Connecticut’s chief economic development official told three legislative committees Monday that she’s “embarrassed” by the mistakes her agency made in reporting information on tax credits and incentives to state auditors earlier this year.

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September 20, 2018

Handball Courts, Splash Pads, and Grocery Store Among Projects Approved By Bond Commission

by Christine Stuart | Sep 20, 2018 2:00pm
Posted to: Economic Development | Town News | Hartford | State Budget | State Capitol

Christine Stuart / ctnewsjunkie photo

HARTFORD, CT — Outgoing Democratic Gov. Dannel P. Malloy defended the hundreds of millions of dollars of borrowing the state Bond Commission approved Thursday at what will likely be one of the last Bond Commission meetings of the year.

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July 16, 2018

Senator Questions $10M for Company Coming to West Hartford

by Christine Stuart | Jul 16, 2018 3:00am
Posted to: Business | Economic Development | The Economy | Technology sector | Financial Sector | Jobs | West Hartford

Christine Stuart / ctnewsjunkie

HARTFORD, CT — While he was “cautiously optimistic,” Senate Republican President Len Fasano has serious concerns about the state’s decision to give Seven Stars Cloud $10 million to bring its headquarters to the former University of Connecticut campus in West Hartford.

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July 6, 2018

UConn Moves Forward With Sale of West Hartford Campus

by Christine Stuart | Jul 6, 2018 12:34pm
Posted to: Economic Development | The Economy | Technology sector | Financial Sector | Education | West Hartford

Peter Morenus/UConn File Photo

HARTFORD, CT — The University of Connecticut Board of Trustees unanimously approved the sale of its West Hartford campus to Seven Stars Cloud, a financial services and technology firm.

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July 3, 2018

Financial Technology Firm Eyes Former UConn Campus

by Christine Stuart | Jul 3, 2018 1:07pm
Posted to: Business | Economic Development | The Economy | Technology sector | Financial Sector | West Hartford

Christine Stuart / ctnewsjunkie

HARTFORD, CT — The greater Hartford region is fast becoming a “technology hub” and the latest addition to that innovation ecosystem may be Seven Stars Cloud, a Chinese company hoping to use artificial intelligence and blockchain technology to transform financial markets.

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June 21, 2018

OP-ED | The Train to the Future May Yet Stop Here

by Susan Bigelow | Jun 21, 2018 1:58pm
Posted to: Analysis | Economic Development | Jobs | Opinion | Transportation | Rail | Berlin | Enfield | Hartford | New Haven | Trade, Transportation, Utilities Sector

susan bigelow / ctnewsjunkie

I crammed myself aboard an Amtrak train with a few hundred of my closest friends this past weekend, rode down to Meriden to wander around the beautiful new Meriden Green, and then I boarded a standing-room-only CTRail train back to Windsor Locks. The Hartford Line was open at last, travel was free, and people were excited.

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June 11, 2018

New Haven-Hartford-Springfield Train Line To Debut

by Jack Kramer | Jun 11, 2018 3:00am
Posted to: Business | Economic Development | Jobs | Transportation | Rail | Berlin | Enfield | Hartford | Meriden | New Haven | Newington | North Haven | Wallingford | West Hartford | Windsor | Windsor Locks

Contributed by Emily Woodward Tracy

(Updated 11:00 p.m.) HARTFORD, CT — New rail service announcements have become routine as Connecticut’s reliance upon trains has increased over the years, but the debut of the $755 million Hartford Line has brought with it some added buzz.

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June 1, 2018

Jobs and Transportation Top Bond Commission Agenda

by Christine Stuart | Jun 1, 2018 11:54am
Posted to: Business | Economic Development | The Economy | Financial Sector | Federal Budget | Town News | Jobs | Manufacturing | Military Spending | National Security | State Budget | State Capitol | Transportation | Wall Street

Christine Stuart / ctnewsjunkie

HARTFORD, CT — The state Bond Commission approved $233.5 million in general obligation bonds Friday, including $1.5 million for a Massachusetts manufacturing company to relocate to Putnam, $9 million for PriceWaterhouseCoopers LLP to expand in Stamford, and $35 million to help Electric Boat in Groton ramp up for production of Columbia class submarines.

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May 21, 2018

Connecticut Scores Big On Opportunity Zone Designation

by Jack Kramer | May 21, 2018 4:29am
Posted to: Congress | Economic Development | The Economy | Poverty | Bridgeport | Hartford | New Haven

Courtesy of the state

HARTFORD, CT —Connecticut batted a thousand, getting all 72 of the areas it nominated as Opportunity Zones to induce long-term investments in low-income communities approved by the U.S. Treasury Department.

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