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Economic Development

July 16, 2018

Senator Questions $10M for Company Coming to West Hartford

by Christine Stuart | Jul 16, 2018 4:00am
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.

Continue reading "Senator Questions $10M for Company Coming to West Hartford" »

July 6, 2018

UConn Moves Forward With Sale of West Hartford Campus

by Christine Stuart | Jul 6, 2018 1:34pm
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.

Continue reading "UConn Moves Forward With Sale of West Hartford Campus" »

July 3, 2018

Financial Technology Firm Eyes Former UConn Campus

by Christine Stuart | Jul 3, 2018 2:07pm
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.

Continue reading "Financial Technology Firm Eyes Former UConn Campus" »

June 21, 2018

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

by Susan Bigelow | Jun 21, 2018 2:58pm
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.

Continue reading "OP-ED | The Train to the Future May Yet Stop Here" »

June 11, 2018

New Haven-Hartford-Springfield Train Line To Debut

by Jack Kramer | Jun 11, 2018 4:00am
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 12:54pm
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 5:29am
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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May 15, 2018

Coalition Sues State Over Sweep of Energy Efficiency Funds

by Christine Stuart | May 15, 2018 11:56am
Posted to: Business | Consumer Protection | Economic Development | The Economy | Energy Sector | Energy | Environment | Jobs | Legal | State Budget

Christine Stuart / ctnewsjunkie

(UPDATED 12:55 p.m.) HARTFORD, CT — A group of energy efficiency contractors and both consumer and environmental advocates sued the state of Connecticut today, claiming that the legislature illegally swept $155 million in ratepayer funds to close last year’s budget deficit.

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May 11, 2018

OP-ED | Community Colleges: A Resource Worthy of State Investment

by Barth Keck | May 11, 2018 5:30am
Posted to: Analysis | Economic Development | Workforce Development | The Economy | Manufacturing Sector | Education | Jobs | Manufacturing | Opinion | State Budget | Farmington

CTNEWSJUNKIE FILE PHOTO

I have to admit I’m somewhat surprised by the difficulties currently facing Connecticut’s community colleges. As a high school teacher for 27 years, I’ve seen many students choose one of the state’s 12 community colleges to further their education. Besides convenience and affordability, these colleges offer a variety of programs for direct entry into a competitive job market or into a baccalaureate program at a four-year institution.

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May 9, 2018

State Land Initiative Lands On November Ballot

by Jack Kramer | May 9, 2018 9:08pm
Posted to: Consumer Protection | Economic Development | Environment | Town News | Haddam

doug hardy / ctnewsjunkie

HARTFORD, CT — A constitutional amendment to protect state land from being sold or given away without public input will be on the 2018 ballot for voters to decide.

Continue reading "State Land Initiative Lands On November Ballot" »

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