State Grant Backs Transforming UConn Research into Start-Up Companies

UConn Ventures and the University of Connecticut’s Office of Economic Development (OED) have been selected to receive a state grant to provide technical assistance and training for small and medium sized businesses.  The $220,000 grant was awarded by the Department of Economic and Community Development as part of the state agency’s Economic Development Grants Program. UConn Ventures will apply the state funding in support of its mission to seek out university-based research innovations, assess their commercial potential, and provide resources to address the management, market, and technology associated with launching a new venture.

The initiative aims to help migrate technologies developed in UConn’s research labs, including the UConn Health Center, to support early-stage companies and small business expansion.  UConn Ventures will work with research faculty in providing technical assessments and direct support that result in product development, testing and creation as well as fundable plans to launch either a new business or a new product or process.   UConn Ventures will focus use of the grant funds on efforts to:

• support work to develop data, prototypes and test both technical and market relevancy in order to deploy new technologies and processes,
• expose academic scientists to industry processes, experts and needs, thus impacting the course of future research in ways that will support industry and the economy,
• engage Connecticut entrepreneurs and industry members from small business who may be potential investors, owners, licensees, CEO’s, or champions,
• establish and further relationships that will support and advance a culture of innovation in Connecticut.

Plans call for two levels of financial support to fledgling companies under the program: 1) to assess and mitigate technical and market risks of a technology, and 2) to commercialize projects that have established proof of concept and identified a commercialization path.

“Our work is all about innovation, entrepreneurship, and scale,” said R. Mark Van Allen, President of UConn Ventures.  “We seek out university-based research innovations, assess their commercial potential, and provide resources to address the management, market, and technology risks associated with new venture formation.  We appreciate the state’s support of our work, and the reinvigorated commitment of the University and the Department of Economic and Community Development to help us to accelerate business creation and development.”

UConn Ventures, aligned with the University’s Office of Economic Development, creates business start-ups by guiding the development process, soliciting funding and recruiting management based on technologies invented by UConn students, faculty and staff.  It is a subsidiary of the UConn Foundation.  Financial benefits accrue to the individuals whose research innovation is at the core of the start-up business, and UConn.

“The Office of Economic Development is committed to applying resources in ways that will better support technology transfer and industry partnership,” said Mary Holz-Clause, UConn Vice President for Economic Development.  “UConn Ventures offers precisely the expertise and experience that is essential to successfully commercialize great research and great ideas, and their organization will play a pivotal role in building future successes.”

More information about UConn Ventures and the Office of Economic Development is available at www.uconnventures.com.

Antiques Trail May Be Mapped Across Connecticut

State legislators are considering the establishment of a Connecticut Antiques Trail, an effort to highlight the state's numerous antique shops, and boost tourism and economic development along the way. The proposal, by Sen. Rob Kane of Watertown, follows a 2009 initiative in which he worked with the state Department of Transportation to erect signs along Interstate 84 to highlight a collection of antique shops in his district, the Associated Press reported.  As part of that effort,  the town of Woodbury was designated as the “Antiques Capitol of Connecticut," centered around a local trail that features more than 35 diverse shops.

Highlighting the scores of antique shops throughout the state has generated other initiatives. Ed Dombroskas,   the current executive director of the Eastern Regional Tourism District (billed as “Mystic Country” ) and a past state tourism director, supports the statewide plan.  His organization recently put together an antiques brochure for his region and received thousands of inquiries seeking copies.  The brochure Mystic Country Antiques Trail, includes 30 locations across Eastern Connecticut and is now available on-line.

Antiques shops – and some larger antique stores – blanket the Connecticut landscape, each noting their particular attributes and history.  The Connecticut Antiques Center, in Stamford, for example, touts its easy access to New York City.  Kane said it makes sense to expand the trail statewide to connect more antiques dealers with collectors, comparing the plan to the Connecticut Wine Trail.

Just this past weekend, the Hill-Stead Museum in Farmington held an antiques and heirlooms appraisal day featuring a regular from the PBS program “Antiques Roadshow,” telecast locally on Connecticut Public Television and a perennial viewer favorite.  And the Connecticut Spring Antiques Show, celebrating its 40^th anniversary, was held earlier this month, March 16-17, at the Hartford Armory.

Efforts to Close the Digital Divide Prompts Company Move To Hartford

GreenShare Technology is a company that takes its mission – to bridge the digital divide by providing technology to those who cannot afford it – quite seriously.  That is plainly evident in their move from Farmington to new, larger headquarters at 1200 Park Street in Hartford. The new, 2,000 square foot location doubles the company’s space, allowing GreenShare Technology to bring more affordable computers and computer maintenance services to Hartford and surrounding areas. The company plans to provide basic computer training and computer recycling services on-site. The new location will also contain a retail section where customers can try out computers before purchasing them.

“We’re excited to become a part of the Hartford community,” said Brenda Steigman, Executive Director of GreenShare Technology. “It is our goal to become a one-stop source for low-cost computer technology and repair. We hope this new location will make us more accessible to the people who can benefit from our services.”

GreenShare Technology will host an open house at its new location Thursday, March 28 from 5 to 7 p.m. The public is welcome to stop by to learn more about the company’s services and bring an unwanted computer to be re-purposed or recycled. For more information, visit www.greensharetechnology.org or call 860-724-3535.

A 501(c) (3) charitable organization and Microsoft® registered refurbisher, Greenshare Technology offers computer recycling services for businesses and families to discard unwanted technology, keeping working computers out of landfills and putting them into the hands of small businesses, schools, non-profit organizations, government programs, and other eligible customers who might otherwise not have access to this technology.

GreenShare Technology received the 2011 Social Entrepreneur Award and the 2010 Hartford Young Professionals & Entrepreneurs (HYPE) Award.  The company is a reSET incubator program.

CT Receives Recognition for Economic Development

The Connecticut Department of Economic and Community Development has received national recognition from a top site selector organization for its economic development efforts.  DECD was selected to receive the 2013 Site Selectors Guild Award for its work with Tronox Inc., a chemical company that announced in 2012 that it would be locating its world headquarters in Stamford.  The Site Sectors Guild is a professional association that includes some of the worlds most respected site consultants. The most recent recognition underscores ongoing efforts of DECD, which include highlighting Connecticut's strong position to attract and grow businesses.  Some of the noteworthy stats:

• Connecticut is a leader in patents, ranking 8th in the nation.
• Connecticut is a leader in business research and development, ranking #1 per capita.
• Connecticut is a global competitor, ranking #6 in world GDP per capita.
• Connecticut’s workers are among the most productive in the nation, ranking fourth among states.
• Connecticut is a leader in venture capital deals, which are key to the development of small business, ranking #7.
• The state ranks 9th in the nation as a leader in the New Economy.
• Connecticut is a leader in finance and insurance, ranking #2 in total employment.
• Connecticut is a leading exporter ranking tenth in per capita exports.
• Connecticut has a highly educated workforce ranking third with an adult population with advanced degrees.
• Connecticut ranks 6th in the number of scientists & engineers per 100,000 employees.

The data, provided by CL&P's Connecticut Economic Review 2013 and The Information Technology & Innovation Foundation, reflects a mix of widely known and virtually unknown stats about Connecticut workforce and global position in a range of industries.

Small Business Development Center is Re-launched At UConn Campuses, Chambers of Commerce

The Connecticut Small Business Development Center (CTSBDC), a collaborative initiative of the federal Small Business Administration (SBA), State of Connecticut and University of Connecticut, is being rebooted, redesigned and re-launched in an effort to be more responsive to the state’s small and newly-forming businesses. CTSBDC is a five-year, $11.6 million program to provide financial and technical assistance to businesses with 500 or fewer employees – which accounts for roughly 93 percent of Connecticut employers.

The initiative was announced by UConn’s Vice President for Economic Development Mary Holz-Clause and state Commissioner of Economic and Community Development Catherine Smith during Connecticut Business Day at the State Capitol.  They were joined by Gov. Dannel P. Malloy, President and CEO of the Business Council of Fairfield County Chris Bruhl, UConn Board Chair and Middlesex Chamber of Commerce President Larry McHugh and business leaders from across the state.

“The new SBDC is designed to focus more like a private sector business: close to its customers, interconnected, efficiently using scarce resources, and offering a slate of innovative new services,” Bruhl said. “With a statewide network of 11 local SBDC offices, the Center strives to build the local ecosystem, recognizing that small business begins at the local level.”

The program will fund 16 full-time positions and two part-time positions, with individuals located at each of the 11 service centers, including seven local Chambers of Commerce and four regional UConn campuses, as well as the UConn campus in Storrs, and the Department of Commerce Export Assistance Center in Middletown.

During the news conference, Holz-Clause pointed out that the University is an ideal home for the SBDC, as the power of UConn’s network of more than 100,000 alumni can be tapped to serve as both mentors and connectors for small businesses to ensure they are successful. In addition, the six regional campuses provide the SBDC with an established network of satellite sites that are already engaged in local, state, and national business development efforts. She also noted the work of organizations such as UConn Ventures, which are helping to launch new businesses based on research and innovation at UConn.

“UConn is really focused on growing Connecticut’s economy from the ground up,” said Holz-Clause. “That’s why this partnership is such a perfect fit for us. It builds on some of our existing strengths and gives us a front-row seat for truly exciting developments in the state’s business community.”

Governor Malloy pointed out that “The reinvigorated Small Business Development Center takes our economic development strategy to a new level, combining the academic strength and resources of our flagship university with the knowledge and reach of our chambers of commerce, to bring technical and financial assistance to the sector responsible for the overwhelming majority of our jobs: small businesses.”

The Small Business Development Center program, administered by the federal government’s Small Business Administration, has been providing service to small businesses for more than 30 years and is one of the largest professional small business management and technical assistance networks in the nation with over 900 locations across the country.  In Connecticut, it had been based at Central Connecticut State University and the Connecticut State University System in recent years.  Previously, UConn had hosted the program.

For more information regarding the SBDC and its programs, please visit the newly designed  website at  www.ctsbdc.org. To learn more about UConn’s Office of Economic Development, please visit www.innovation.uconn.edu.

CT Ranked #5 in Green Job Creation in 2012

Connecticut ranked #5 in the U.S. for green job creation during 2012, according to a national business association compiling of media reports. Environmental Entrepreneurs, a New York City-based organization, ranked all 50 states for green job creation based on projects completed, in progress, or announced in 2012 and the estimated number of jobs created by those projects.  Nationwide, companies and communities announced more than 300 clean energy and clean transportation projects in 2012 that are expected to create 110,000 jobs, the report said.

Connecticut had four projects in 2012 expected to generate 4,958 jobs, the Hartford Business Journal noted in its reporting.  Those projects were the construction of the $97 million headquarters of North Haven construction parts manufacturer Sustainable Building Solutions; the opening of Scottish power company Renewable Resources in Stamford; the construction of the New Britain-to-Hartford busway; and the Plainfield Renewable Energy biomass plant.  The report indicated that Connecticut had 50 projects in progress.

Connecticut was the only New England state in the top 10. Leading the states was California with 25,354 jobs followed by Florida, North Carolina, Illinois, Connecticut, Arizona, New York, Michigan, Texas, and Oregon.

As a region, the Southeast led the country in manufacturing-related clean energy job announcements, with more than 13,700 jobs announced last year, accounting for about 80 percent of the nation’s total. Solar, advanced vehicles and wind energy were the leading clean energy manufacturing industries in the Southeast.  Nationwide, clean transportation projects led the job growth last year, followed by clean power generation, manufacturing and energy efficiency projects.

The report was issued by Environmental Entrepreneurs (E2), described as “a national community of individual business leaders who advocate for good environmental policy while building economic prosperity.”

CT AARP Steps Up Focus on Entrepreneurs, Business Development

Next month, AARP and the U.S. Small Business Administration (SBA) are teaming up to host National Encore Entrepreneur Mentor Month, targeted at new business owners age 50 and over and those interested in starting a business.  The goal is to match these “encore entrepreneurs” with experienced business owners and community leaders for advice and assistance, and to link them to the resources they need to successfully start and grow their businesses and create jobs. Consistent with the organizations’ mission, the Connecticut AARP chapter views social enterprise as a valuable opportunity for age 50+ entrepreneurs – also known as “Encore Entrepreneurs” – and active retirees with sharp business and entrepreneurial acumen.  With one in four Americans ages 44 to 70 interested in becoming entrepreneurs, and a large majority planning to work during retirement, small business ownership is described as a solid option.

In addition to planned programs during April, the Connecticut AARP has announced support for legislation proposed by Governor Malloy’s (SB6356) which would help AARP members formalize their commitment to creating public good. The bill is designed to help address a variety of social concerns, through business rather than public funds or philanthropy, that are core to AARP’s mission, such as hunger, economic insecurity, housing and isolation.  AARP has ongoing partnerships with the U.S. Small Business Association (SBA), nationally and state-wide, and with community partners in Connecticut including Social Enterprise Trust (reSET) and the Women’s Business Development Center (WBDC).

The bill before the legislature aims to help attract and keep social entrepreneurs and social enterprise investors in Connecticut and provides a heightened level of transparency and protection as compared to other states with similar legislation, according to AARP. Among the beneficiaries:  “Encore Entrepreneurs” seeking purpose beyond profit, community based organizations seeking to partner for social benefits, age 50+ workers seeking employment opportunities in a down economy, and the State by creating a new source of revenue through the payment of up-front incorporation filing fees and annual taxes.

National Encore Entrepreneur Mentor Month is part of a larger effort by AARP and SBA to promote entrepreneurship among individuals ages 50+.  It will consist of events across the country, including two in Connecticut, on April 16 in Waterbury and April 18 in Bridgeport, that will link individuals with local resources and mentor opportunities to help them successfully start and grow a small business.

The initiative includes AARP’s Work Reimagined, a unique new way for experienced workers to advance themselves in today’s tight job market.  Work Reimagined is a social network based jobs program that connects employers seeking experienced workers with qualified professionals searching for new or more satisfying careers.  The site, www.workreimagined.org, leverages the platform of professional networking site, LinkedIn, which is used by more than 15 million people aged 45-64.

AARP’s Work Reimagined and other resources for experienced workers over age 50 are slated to be highlighted in a segment on WTNH’s Connecticut Style program airing Wednesday, April 3, 2013 at 12:30 p.m.

The in-person AARP/SBA workshops in April will feature presentations by SBA, SCORE, reSET (Social Enterprise Trust), The Women’s Business Development Council (WBDC), People’s Bank and local economic development agencies.  Attendees will have the opportunity to ask questions and speak individually with representatives, as well as network with other small business owners and “would be” entrepreneurs. Registration is required.

April 16, 2013 in Waterbury   9 a.m. – 12 p.m. (noon)

Silas Branson Library, 267 Grand Street, Waterbury, CT

To register, call 1-877-926-8300 or register online

April 18, 2013 in Bridgeport   9 a.m. – 12 p.m. (noon)

City Hall Annex, 999 Broad Street, Bridgeport, CT

To register, call 1-877-926-8300 or register online.

Nonprofit Density Impacts Unemployment Rate; CT Misses Top 10

Communities with better civic health have weathered the recent recession far better – and experienced considerably smaller increases in unemployment – than other communities that faced similar economic circumstances, according to a report by the National Conference on Citizenship (NCoC).  Counties across the nation that were rich in nonprofit organizations lost considerably fewer jobs than the low-nonprofit counties, the study revealed. A state-by-state analysis by the organization placed Connecticut in the second tier of states in both the density of nonprofit organizations, and social cohesion (interacting with friends and neighbors), the two measures used in the study, released in 2012.  Connecticut ranked between #11 and #20 in each category, just outside the first tier, top-10 states.

For individuals who held jobs in 2008, the odds of becoming unemployed were cut in half if they lived in a community with many nonprofit organizations rather than one with a few nonprofits, even if the two communities were otherwise similar, the study found.  Among the New England states, Maine, Rhode Island and Vermont placed in the top ten.

Overall, counties with more nonprofits per capita prior to the recession had lower unemployment in 2006. And while almost all of the counties lost jobs during the recession years, the counties with more nonprofits per capita lost fewer jobs between 2006 and 2009. Both patterns remain even when holding education, median income, housing prices, and other economic factors constant, according to the report.  Counties ranking in the top 10% in nonprofit density experienced an increase of only 2 percentage points in their unemployment rate between 2006 and 2009, compared with 5.1 percentage points for the counties in the bottom 10% in nonprofit density.

These results suggest – according to the report – that nonprofits may bring economic benefits by directly employing people and also by changing the economic climate of the whole community. Nonprofits support civic engagement and social cohesion; in turn, when citizens feel committed to their communities and connected to their fellow residents, they are more likely to make decisions that boost local employment.

The study used statistical models to investigate the relationship between civic health and unemployment in the 50 states, 942 metro areas, and more than 3,100 counties since 2006.  NCoC was chartered by Congress in 1953 to harness the patriotic energy and national civic involvement surrounding World War II. In 2009, Congress  expanded the organization’s Civic Health Assessment to become the nation’s largest and most definitive measure of civic engagement.

High Marks for PBS Programming, Affiliate Stations

Connecticut Public Television will celebrate its 50^th anniversary at a gala on June 8 at the Hartford Marriott.  CPTV is a locally and nationally recognized producer and presenter of quality public television programming, including original documentaries, public affairs shows and educational programming.  CPTV has built a reputation as a leader in children’s programming, including playing an historic role in bringing Barney & Friends™, Bob the Builder™ and Thomas & Friends™ to public television. The station is an affiliate of PBS, the Public Broadcasting Service, which just released its annual survey on public perception of its programming. The survey confirmed that PBS and its member stations are ranked first in trust among nationally known institutions, and are considered an "excellent" use of tax dollars by the American public.  The yearly study has also called PBS the most fair network for news and public affairs 10 consecutive times. In the most current round of research, PBS KIDS was named the most educational TV/media brand, the safest destination for children to watch television or visit online, and the top provider of content that helps children learn reading, math and essential skills. In each question, PBS KIDS significantly outscored cable and commercial broadcast television.

• More than 4 in 5 people trust PBS (85% "trust a great deal" or "trust somewhat")
• Nearly 3 in 4 participants (76%) believe federal funding for PBS is money well spent. 
• More than 4 in 10 respondents (44%) named PBS KIDS the most educational TV/media brand, significantly outscoring the second most highly rated brand, Disney, which was considered most educational by 12%.
• Eighty-one percent (81%) agreed "strongly or somewhat" that "PBS helps prepare children for success in school and life."   

PBS received high marks for the effectiveness of its programming for children and adults in terms of handling important topics. A majority of respondents believed PBS programming addressed key subjects – from providing access to the arts and improving literacy to providing access to a variety of viewpoints either “very well” or “well.”

•    Provide people access to arts and culture – 67% •    Promote an understanding of American history – 62% •    Inform people of America’s ethnic and cultural diversity – 60% •    Promote an understanding of science and technology – 60% •    Improve literacy – 59% •    Provide access to a variety of viewpoints – 54% •    Inform people of important political and social issues – 51% •    Inform people about health issues – 51%

• 8 in 10 people (80%) agreed “strongly or somewhat” that “PBS helps prepare children for success in school and life.” This statement was equated with cable television and commercial broadcast television by 37% and 34% of participants, respectively.(3)

• Eighty-four percent (84%) agreed “strongly or somewhat” that PBS “helps children improve their reading and math skills.” Cable and commercial broadcast television received this rating from 40% and 30% of respondents, respectively.(3)

• Eighty-eight percent (88%) agreed “strongly or somewhat” that PBS “is a trusted and safe place for children to watch television.” Only 34% and 36% of respondents agreed with this statement regarding cable and commercial broadcast television, respectively.(3)

• Eight-five percent (85%) agreed “strongly or somewhat” that PBS “is a trusted and safe place for children to visit online,” while this statement was attributed to cable television and commercial broadcasters by only 31% and 34% of the sample, respectively.(3)

• Eighty-three percent (83%) agreed “strongly or somewhat” that PBS is "the innovator" in children’s educational media. 37% percent and 27% of participants also applied this statement to cable and commercial broadcast television, respectively.

The research was conducted in January and February 2012 by the independent, non-partisan research companies Harris Interactive and ORC Online Caravan. Each year, PBS commissions research to measure its performance and value as judged by its most important stakeholder – the American public.  Full results are available at http://to.pbs.org/most-trusted-2012.  

Towns and Cities Look to Varied Housing Options, Community Engagement

Many municipalities across Connecticut and New England are finding that community engagement – proactively, thoughtfully and creatively asking their residents for their attention and ideas about proposed housing and commercial development – pays off big time. That was evident last month at UMass/Amherst when three federal agencies – HUD, EPA and DOT – along with the Funders’ Network for Smart Growth and Livable Communities brought together experts and advocates from the region to discuss the best ways to merge affordable housing creation, transit and livable, sustainable and environmentally sound practices.

A growing number of organizations and government entities – municipal and regional – are using or promoting community engagement because the changing housing market is moving many more communities to increase their efforts at housing creation. A wider array of housing options – smaller, denser, more affordable, energy-efficient, walkable and, if possible, close to transit – are being utilized to meet the needs of empty-nesters, young professionals and families, and workers in a region that, despite a falloff in demand, has seen rental and purchase prices remain very high.

The Partnership for Strong Communities highlighted community engagement strategies it promotes, including its new video about five very different Connecticut communities – Hamden, Old Saybrook, Colchester, Bristol and Simsbury – that have used an array of community engagement methods – charrettes, town meetings, websites and crowd-sourcing among them – to harvest ideas and achieve buy-in for their development plans.

The organization embarked on a search to discover how communities can balance multiple priorities and opinions, and achieve development that most residents can be satisfied with.  Partnership staff drove around the state and filmed interviews with about 30 individuals involved in this work.  The resulting video, along with supporting materials, reflects how five different communities with different goals, used different methods to achieve a single outcome.