Small Business Administration Lending in CT Reflects Historic Increase in Fiscal Year 2024

Small Business Administration Lending in CT Reflects Historic Increase in Fiscal Year 2024

The U.S. Small Business Administration (SBA), Connecticut District Office reached historic volume through 1,058 approved SBA loans totaling over $383 million to small businesses during FY24 (October 2023-September 2024). The 1,058 loans approved in FY24 represent an increase of 18.3% over FY23’s 894 approvals, according to the SBA.

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US Department of Defense Invests in Future of Shipbuilding with Junior Achievement Contract

US Department of Defense Invests in Future of Shipbuilding with Junior Achievement Contract

In what is described as a significant boost to the maritime industry and workforce development, a $12.5 million contract has been awarded to Junior Achievement USA – with Junior Achievement of Southwest New England, based in Hartford, leading the way. The funding will support a new shipbuilding career-inspiration program designed to attract the next generation of talent to the field.

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State Funding to Extend Library Renovation Anticipated as Reopening Nears

State Funding to Extend Library Renovation Anticipated as Reopening Nears

The State Bond Commission is poised to approve $5 million state grants this week for phase two of major “renovation and remediation” to the Hartford Public Library’s downtown location, decimated by flooding that occurred in 2022 and kept most of the facility closed to the public since. 

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CIGNA Earns Ranking Among World's 20 Most Sustainable Companies

CIGNA Earns Ranking Among World's 20 Most Sustainable Companies

The CIGNA Group has placed a priority on environment leadership, which was recently recognized by TIME magazine in its ranking of the world’s top 20 most sustainable companies.  Connecticut-headquartered CIGNA ranked tenth, and was one of only two U.S.-based companies ranked in the top ten.

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CT Fastrak to Receive $38.9 Million Federal Grant for Electric Buses, Chargers

CT Fastrak to Receive $38.9 Million Federal Grant for Electric Buses, Chargers

The Connecticut Department of Transportation (CTDOT) is receiving a $38.9 million competitive grant from the Federal Transit Administration (FTA) to purchase 46 battery electric buses and install 29 chargers for the CTfastrak bus rapid transit service, the agency recently announced.

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Bank of America Helps Expand Workforce Development at Fairfield University Bellarmine

Bank of America Helps Expand Workforce Development at Fairfield University Bellarmine

Fairfield University’s partnership with Bank of America continues to support the expansion of career development initiatives within Fairfield Bellarmine, a new two-year associate’s degree program offering professional preparation and enhanced academic support to lower income and first-generation students in Bridgeport and surrounding Connecticut communities.

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