WTIC License Renewed by FCC Following Nearly 3-Year Odyssey

Concluding a process that dragged on for nearly three years, the Federal Communications Commission (FCC) has renewed the broadcast license of Hartford’s WTIC-AM. The FCC action, confirmed to CT by the Numbers, comes three months after a federal appeals court upheld former Gov. John G. Rowland’s conviction for violating federal campaign laws.  Just days after that ruling, the FCC lifted a years-long enforcement hold on the station’s license renewal, which then allowed the agency to consider the long-pending license renewal.

The station’s broadcast license expired 2 ½ years ago, on April 1, 2014.  In accordance with FCC procedures, the station filed a license renewal application on November 27, 2013.  By September 2014, the FCC’s enforcement division placed the renewal application on “enforcement hold.”  It remained on enforcement hold – which precluded consideration of the application – until June of this year.

The license was renewed  on September 13, 2016 for the customary period of eight years, retroactive to the expiration date of the previous broadcast license in 2014.  It comes at a time when CBS Radio, which owns WTIC-AM, is seeking to sell or spin off its radio holdings. The agency’s renewal of the WTIC-AM broadcast license is scheduled to expire on April 1, 2022.

“We’re pleased with the FCC’s decision to renew the station’s license and look forward to many more years of providing the Hartford community with local news and engaging talk radio,” WTIC-AM 1080 Program Director Jenneen Lee said.

At the time that Rowland was accused of secretly accepting pay as a political consultant, he was also an afternoon radio host on WTIC-AM. His use of the airwaves in order to favor the candidate, Lisa Wilson-Foley, whose spouse was paying Rowland at the time, was raised during his trial.  Rowland recently retained a new legal team and appears to be planning to pursue an appeal this fall at the U.S. Supreme Court.

The station could – and did - continue broadcasting while the FCC held the renewal application. Stations in such a status routinely continue to operate without any interruption until a decision on license renewal is made.  As the agency’s Enforcement Bureau considered “an alleged violation of FCC rules,” the agency’s Media Bureau could not proceed with a decision on whether or not to renew the station’s broadcast license.

FCC officials have indicated that most often enforcement holds are instituted due to a complaint being filed that requires investigation, but they would not confirm whether that was true in this instance.  That information is only made available to the licensee or their attorney, according to an FCC official.  Hartford Attorney Ken Krayeske filed an informal objection on October 1, 2014 to WTIC’s broadcast license renewal, alleging that the station “demonstrated serious malfeasance” and “helped conceal violations of federal law.”  The FCC confirmed the receipt of that objection.

Rowland resigned from his drive-time talk show on WTIC-AM in April 2014.  The station currently airs a locally-originated sports talk program in that time slot.

CBS Radio operates 117 radio stations in 26 U.S. markets, including Hartford’s WTIC-AM, WTIC-FM, WRCH-FM, and WZMX-FM.

Tech Impact Summit to Provide High-Level Focus on Corporate Information Security

Information security experts from the Federal Bureau of Investigation (FBI) and InfraGard will keynote the Tech Impact Summit in Farmington on October 7, coordinated by The Walker Group, one of New England’s leading technology services firms. FBI Special Agent Judy Eide, a 25-year veteran currently assigned to the Bureau’s New Haven Division Computer Crime squad and a coordinator of the Connecticut Chapter of InfraGard, will be one of the speakers.  Also on the program is Mark Ramsey the Chief Information Security Officer for ASSA ABLOY – Americas and President of the Connecticut Chapter of InfraGard. Ramsey also teaches at Fairfield University, and previously held information security positions at Stanley Black & Decker and General Electric.

In addition to the keynote presentations, the event will focus on three top trends in technology: Cybersecurity, Cloud/Hybrid Cloud and Hyperconvergence.

Attendance at Tech Impact is expected to exceed 300 people, which organizers describe as one of the region’s most comprehensive gatherings of technology leadership this year. More than 30 of today’s most innovative technology companies will be represented, including RSA, Splunk, Zerto, Nutanix, Dell, EMC, Microsoft, VMWare, and Aruba Networks. The program includes panel discussions, hands-on exposure to the latest technology and giveaways for participants.

“We want this to be a must-attend event for anyone responsible for strategic technical decisions within their organization,” says Steven Bulmer, Walker’s vice president of professional services.  “Tech Impact is really a self-defining event based upon the intense interest and demand from our clients, especially for information security services.”

The summit is complimentary for information technology professionals responsible for the strategic planning and implementation of all technology-related decisions throughout an organization.

The event will also be used to celebrate a $10,000 Tech Impact Award, given in partnership with Hartford-based reSET, to a social entrepreneur in the technology space that has the potential to make a social or environmental impact.

“Combining the opportunity to learn about cutting-edge trends in technology with a celebration of what technology can do to help make the world a better place is a wonderful way to celebrate our commitment to our social enterprise model,” said Walker’s CEO, Kate Emery.

Tech Impact will run from 9am to 4pm at the Farmington Marriott.

Leadership Greater Hartford Launches New Brand Identity As 40th Anniversary Approaches

Leadership Greater Hartford (LGH), the region's highly regarded go-to source for tackling community challenges through knowledge and cooperation, has unveiled its new logo and visual identity, which reflects the organization’s growth and prominent role in strengthening community leadership connections. Three pillars, “Community. Leadership. Connections,” informed the design of the organization’s new logo and form the backbone and structure of the new website, www.leadershipgh.org. "We are proud of our past and look forward to the future. While our logo is changing, one thing that will never change is our purpose and mission,” said Ted Carroll, President of Leadership Greater Hartford. “It is important that our brand reflect the organization we have become and where we will continue to be headed in the future - making our communities better and stronger.”

The website points out that “more than 600 employers have enriched the development of their staff and become involved with civic progress; 2500+ students from four dozen schools across the region have gained broader perspectives and wider circles of friends; more than 500 seniors gained the opportunity to continue giving back to the communities they’ve seen undergo so much change in their lifetimes.”

As Leadership Greater Hartford has grown and evolved, broadening participation and developing an array of effective programs and initiatives, the organization notes that the business landscape has changed, including in market demographics, competitive environment, and the acceleration of social media.

LGH will celebrate its 40th anniversary on November 15, with their annual Polaris Awards Gala.  As the organization enters its milestone fortieth year, it is “well-prepared and firmly engaged to be a relevant, forward-thinking resource for the community – both the private and public sectors – for the next 40 years,” officials said, as the website highlights that “our program participants have completed more than 200 community impact projects, we have trained and placed more than 450 individuals on more than 125 nonprofit boards, and program graduates volunteer at a rate of 137% higher than that of the rest of the country.”

The web redesign and visual identity was developed by MRW Connected, Inc. “All of us at MRW Connected engaged with Leadership Greater Hartford in the exciting process of re-branding and re-messaging this important organization in their 40th anniversary year,” explained MRW Connected president and founder Tom Willits.

Officials indicated that LGH staff, organization leadership and Board members, program participants as well as the Greater Hartford community, were involved in the process “to better understand their organizational objectives and accomplishments.  In this way we helped Leadership Greater Hartford realize their goals of creating an updated look and responsive, engaging website that truly represents the inspired leadership development work they do and allows the community-at-large easier access to their programs and their network," Willits added.

Leadership Greater Hartford (LGH) is a mission-driven, nonprofit organization that supports and strengthens the local community by training and connecting aspiring and established leaders.  The well-known LGH programs for professionals include Quest, Executive Orientation, Hartford Encounters, Leaders on Board and Summit.  Encore Hartford and Third Age Initiative are aimed at late-career individuals and retirees; Common Ground, Leading Off Campus and Summer Nexus are designed for high school and college students.

For more information about how to be a participant or sponsor, or to inquire about customized training with Leadership Greater Hartford, call 860-951-6161 (x1800), email info@leadershipgh.org visit .leadershipgh.org, or follow LGH on Facebook and Twitter @leadershiphtfd.

“State of Innovation” Specialty License Plate Is Latest to Join List of Choices

Connecticut, with more than 50 special license plates featuring everything from animals to war survivors, now has one more available for purchase by state residents. At the fifth annual Westport Mini Maker Faire earlier this year, it was announced that a new “State of Innovation” license plate was being developed by a non-profit organization, Remarkable STEAM.   The organization has now announced that their design has been approved, and sales of the new plate are underway.

Individuals can transfer an existing plate or obtain a vanity plate.  A portion of the proceeds goes to Remarkable STEAM, Inc, a 501(c)(3) not for profit corporation, best known for the Westport Mini Maker Faire.  Remarkable STEAM initiatives support job creation and educational programs.

State law allows the Department of Motor Vehicles to issue of special background plates on behalf of non-profit organizations. The organization must be non-profit, must submit a copy of the organization's charter or by-laws, provide a letter of good standing from the State of Connecticut Secretary of State’s Office (if required) and supply any Internal Revenue Service ruling on their non-profit tax exemption status.

The logo production and cost incurred will be the responsibility of the organization. The logo prototype design, preferred in PDF format, must be submitted to the DMV. The logo can be no larger than 2 inches wide and 3.5 inches high. DMV has final approval on all the plate and logo designs.

A liaison for the organization must be appointed. This individual will be responsible for all communications with the DMV as well as certifying and authenticating (by signature) each member’s application, submitting the logo design to DMV for approval, submitting 400 applications with the required fee prior to the manufacturing of the special background plates, and submitting a Special Interest Plate disclaimer.

Many organizations in Connecticut offer license plates to their members and the general public.  General categories include animals, colleges, environment, organizations, police and fire, cities and towns, and recreation.

Organization vanity plates include Amistad, Benevolent & Protective Order of the Elks, IUOE Local 478, Grand Lodge of Connecticut, Knights of Columbus, Olympic Spirit, P.T. Barnum Foundation Inc., Preserving Our Past CT Trust for Historic Preservation, Red Sox Foundation, Lions Eye Research Foundation, Special Olympics, Federated Garden Clubs, Fidelco Guide Dog Foundation, Keep Kids Safe, New England Air Museum and the U.S.S. Connecticut Commissioning Committee.

All fees established and collected pursuant to the United We Stand plate (except moneys designated for the administrative costs of the DMV) shall be deposited in the United We Stand commemorative account.  Funds are directed to the United States Department of State Rewards for Justice program and is used solely to apprehend terrorists and bring them to justice. The account will also be distributed to the Secretary of the Office of Policy and Management for the purpose of providing financial support and assistance to the former spouses and dependents of persons killed as a result of the acts of terrorism committed on September 11, 2001.

When individuals purchase a Keep Kids Safe plate, a portion of the fee goes to the Keep Kids Safe Fund, which “makes many worthy projects happen for youngsters.”  The fund awards grants to schools, hospitals, municipalities and other non-profit organizations working to make all Connecticut children safer from severe and preventable injuries, according to the DMV website.

In most cases, remake of a current plate is $70; a new vanity plate is $139, a new series plate is $50.  For others, including the UConn Huskies plate, the price tag is somewhat different.  Off-the-shelf license plates cost $55, remake of a current plate is $75, a new vanity plate costs $144, according to the DMV website.

The Support Our Troops plate sends a portion of the fee to provide funding for programs to assist Connecticut troops, their families and veterans. When you buy a Red Sox plate, a portion of the fees support and help fund academic scholarship programs in Connecticut.

Also included are 17 varieties of military specialty plates, including Disabled American Veteran, Gold Star Family, Iwo Jima Survivor, Korean War Veterans Association, Marine Corps League, Laos Veterans of America, Military Order of the Purple Heart, Pearl Harbor 1941, U.S. Submarine Veteran, National Guard Association of Connecticut, First Company Governor’s Foot Guard, First Company Governor’s Horse Guard,

Colleges with designated plates include Central Connecticut State University, Penn State Alumni, University of Hartford, University of Connecticut, and University of New Haven.  Cities with available plates include Meriden, Norwich, and Stafford.

Organizations interested in launching a new special plate, should contact the DMV Special Plate Unit at (860) 263-5154 for further information.

Financial Capital Remains Hurdle for Women Entrepreneurs

“Data reveal that an increasing number of women are choosing entrepreneurship as a career path, and of those, a growing number of them share aspirations for growth.”  That fact, pointed out in the preface of a new book co-written by a local university professor, is the proverbial tip of the iceberg. According to the U.S. Census Bureau, there are roughly 9.9 million women-owned firms in the United States, representing over a third of all firms in the country—and the ranks of new enterprises with women at the helm are growing rapidly. Between 2007 and 2012, women-owned firms in the U.S. grew by 27 percent compared to a growth rate of 2 percent for firms overall.

“But in spite of their impressive growth in numbers,” writes University of Hartford finance professor Susan Coleman, “the business ventures women are launching today continue to lag behind those launched by men in terms of revenues and employment. So while an increasing number of women can count themselves as entrepreneurs, many appear to be running into barriers, as the vast majority of their businesses remain quite small.”

Coleman, along with Alicia M. Robb, have co-authored The Next Wave: Financing Women’s Growth-Oriented Firms (published by Stanford University Press), which points to “three essential factors that women entrepreneurs need to thrive: knowledge, networks, and investors. In tandem, these three ingredients connect and empower emerging entrepreneurs with those who have succeeded in growing their firms while also realizing the financial and economic returns that come with doing so.”

Robb is Senior Fellow with the Ewing Marion Kauffman Foundation and Visiting Scholar at the University of California, Berkeley and the University of Colorado, Boulder. She previously worked with the Office of Economic Research in the Small Business Administration and the Federal Reserve Board of Governors. Coleman is Professor of Finance and Ansley Chair at the Barney School of Business at the University of Hartford.

Coleman notes that “A crucial pitfall is that women face unique challenges in their attempts to acquire financial capital. Growth-oriented firms typically require substantial investment—both in the form of bank loans and external equity in the form of angel or venture capital funding—to scale up.” Studies reveal, however, that “women entrepreneurs raise significantly smaller amounts of capital than men and face continued barriers in their attempts to secure external equity in particular,” Coleman points out.

In the book’s forward, the authors explain that the motives behind women-run entrepreneurial businesses vary.  “Some of these growth-oriented entrepreneurs are motivated by a desire to pursue an opportunity or an unmet need in the marketplace.  Others are frustrated by the constraints imposed by a ‘glass ceiling’ that prevents them from reaching the most senior ranks of corporations.  Still others are drawn by the financial and economic rewards that can come from leading a firm that achieves scale.”

According to IRS data, women represent over 40 percent of top wealth holders in the United States, yet estimates from the University of New Hampshire’s Center for Venture Research indicate that they represented only 25 percent of angel investors in 2015, Coleman notes.

Optimistic about the future success of women entrepreneurs, Coleman and Robb observe that “Successful women entrepreneurs who are paying it forward in a variety of ways are a driving force” in what they describe as the “next wave.”

“In a virtuous cycle, women entrepreneurs evolve from being the recipients of human, social, and financial capital into becoming the providers of those key resources as their firms grow and create economic value. The more successful women at the helm of businesses that kick off cash, the more women there are to invest in others, and the faster we see the number of women grow in the ranks of larger businesses and investing.”

In addition to appreciation expressed to the Kansas City-based Kauffman Foundation for financial support, the book’s acknowledgements note that the Barney School of Business and the University of Hartford’s Women’s Education and Leadership Fund provided grants that helped support initial research and development of case studies on women entrepreneurs. The authors also expressed appreciation to three University of Hartford graduate assistants – Ece Karhan, Mert Karhan, and Isha Sen – who “played an invaluable role in the book’s development.”

State Arts Office Completing Outreach for Strategic Plan, Adding Staff Position

Connecticut’s Office of the Arts (COA), which operates within the state Department of Economic and Community Development, is concluding a months-long strategic planning process to inform the agency’s next five-year Statewide Cultural Strategy. The Office is also looking to hire a full-time program associate, even as budget cuts and layoffs decimate state agencies from tourism to developmental disabilities. It is just one of nearly three dozen state positions currently being advertised by the state Department of Administrative Services.

The aim of the strategic planning effort is to move perception of the arts from "nice to necessary," according to the agency’s website. “To do this, we've engaged a firm to help guide our discussions and considerations and are utilizing a Design Thinking approach to this process.”

The firm, Austin-based Public City, is a culture-driven public engagement consultancy and studio. Public City works “to create authentic culture-based experiences that allow our clients to deeply connect with their publics.”  The firm’s website cites 25 years of experience “strategizing, designing, commissioning, exhibiting, and partnering with cities, businesses, artists, designers, and curators.”  Connecticut is listed first on the company’s client roster, which includes numerous Texas organizations and others from throughout the country.

COA has used social media, Survey Monkey, and regional charrettes for data collection in Connecticut.  Regional charrettes were conducted in collaboration with regional partners and were “small think tank discussions by invitation which represent a wide sampling of voices.”  Facebook and Twitter sites were used, along with the hashtag #CTArts.

The Office of the Arts develops and strengthens the arts in Connecticut and makes artistic experiences widely available to residents and visitors, according to the agency website. Through its grant programs, COA invests in Connecticut artists and arts organizations and encourages the public’s participation as creators, learners, supporters, and audience members, the site explains.

In addition, the Office of the Arts plays an ongoing convening role and provides an array of training and professional development opportunities, and also collects and disseminates state, regional, and national arts information resources via web communications, directories, publications, data-sharing, one-on-one consultations, and referrals.

The staff position that COA seeks to fill will report to the state’s Director of Culture and work “independently to support the grant-making, researching, and developing activities necessary to implement arts and cultural programs in a wide range of artistic areas.”  Applications for the position – with an anticipated salary range between $62,973 and $81,493 – are due by September 22.

Following data collection and analysis in the strategic planning process, COA anticipates sharing results and engaging in further outreach. The final plan was set to emerge this week, according to the COA website.

Veteran-Owned Small Businesses Will See Expanded Price Preference for State Work, Beginning Oct. 1

Applications are available for a new Connecticut initiative designed to “spur veterans to start a business and to help small veteran-owned businesses to flourish.”  The law, which takes effect on October 1, is the most generous of it’s kind in the nation, and provides veteran-owned businesses with a price preference of up to 15% for certain state Department of Administrative Services open-market orders or contracts. These businesses must have a gross revenue of up to $3 million in the most recently completed fiscal year, and at least 51% of the ownership must be held by one or more veterans. Under existing law, a “veteran” is anyone honorably discharged or released from active service in the U. S. Armed Forces or their reserve components, including the Connecticut National Guard performing duty under Title 32 (such as certain Homeland Security missions).

The legislation, which began as Senate Bill 2 in the 2016 session of the state legislature, was unanimously approved by the Veterans Affairs Committee and Government Administration and Elections Committee, before gaining unanimous approval in the Senate and House and the Governor’s signature.

The National Veteran-Owned Business Association, in testimony before the state legislature in March, said passage of the new law would “make Connecticut the most ‘Vetrepreneur-Friendly”state” in the U.S.  The organization noted that 27 states have programs in place “to create opportunities for veteran-owned businesses, and that New Mexico had recently increased its preference to 10 percent.  At the time, Connecticut’s veterans preference also stood at 10 percent.

Senate leaders Martin Looney (New Haven) and Bob Duff (Norwalk) said the move to 15% was part of a multi-year effort by the legislature to “improve the lives of our vets, and help them earn a living.” State Comptroller Kevin Lembo, testifying in support of the proposal, told the legislature it would “decrease a bit of the burden on those veterans who are doing much more than just getting by.  These veterans have not only re-entered their communities as productive taxpayers, but have taken the risk of starting up their own business to realize their piece of the American dream.”

“We applaud your leadership of the important piece of legislation that will enhance and expand opportunities for the small businesses” owned by veterans, said Matthew Pavelek, Vice President of the national organization, NaVOBA, based in Pittsburgh.

To receive the fifteen per cent price preference, a bidding business must first obtain a Veteran-owned Micro Business certification from the Connecticut Department of Veterans Affairs. The Certification is valid for six months or until such time as the business is no longer in compliance with the statutory requirements, whichever occurs first.  Applications for the certification are now available from the state Department of Veterans Affairs.

Prompted by Economy, Only Half of Nation's Millennials Plan to Work for Same Company Next Year, Gallup Survey Says

Millennials are entering the workforce in increasing numbers, and are the intense focus both of governments – including Connecticut – and businesses seeking to attract and retain them.  As Connecticut’s economic ranking among the states continues to hover near the bottom, the job choices of millennials become increasingly important to future economic vitality. Even amidst less than favorable comparisons in recent rankings, Connecticut has managed to achieve recent employment figures that show improvement. Last month, the state added some 3,000 jobs in the private sector and wages have also risen slightly in recent reports after a period of stagnation, WNPR reported recently.

Heather Ziegler, managing partner for Deloitte in Stamford, told WNPR that in her view the state is doing some things right, like encouraging high technology industries and fostering entrepreneurship. "But what I think is most effective, and one of the challenges at the same time," she told WNPR, "is getting individuals with the right skill sets interested in staying in the area and staying in Connecticut, versus moving on to the larger metropolitan areas that we are right between."

Millennials are already in a tough situation – they’re better educated, yet earning less than their counterparts in 1990, points out Christine Schilke of Young Energetic Solutions (YES CT), a statewide initiative seeking to empower young people to create a vibrant Connecticut.  She indicates that “while 28% of millennials hold bachelor’s degrees compared to 24% in 1990, only 67% are employed, compared to 74% two decades ago.  Those who are working earn an average $40,849, versus $46,569 by their predecessors.”

“Today’s millennials,” Schilke adds, “are also burdened with college debt, and are less likely to be married, live alone or drive. Adding to these challenges is the fact that Connecticut has some of the highest homeownership and rental costs in the nation (6^th and 8^th most expensive, respectively), creating a tough living environment for today’s young adults.”

Nationwide, according to a recent Gallup poll, six in 10 millennials say they're open to different job opportunities, and only 50% plan to be with their company one year from now. Millennials are cracking under the weight of too much debt, according to Merrill Lynch's 2016 Workplace Benefits Report, which points out that only 24% of millennials surveyed say that they are in control of their finances.

Technology is the primary facilitator of millennials' job research: 81% of millennials indicate that they view the websites of organizations they're interested in, and a majority (62%) report that they conduct a general web search to learn about job opportunities, Gallup reports.

Not surprisingly, “millennials are extremely digitally connected, and smartphones have become a ubiquitous accessory for them.” Gallup found that 91% of millennials owned smartphones in 2013, compared with 83% of those in older generations. And compared with other generations, millennials are:

• almost 40% more likely to say they sent or read email messages "a lot" within the past day
• 2.5 times more likely to say they posted or read messages on Facebook, Instagram or another social media site "a lot" within the past day
• 11 times more likely to say they used Twitter, including posting or reading tweets, "a lot" within the past day
• more than 2.5 times more likely to say they sent or read text messages "a lot" within the past day

To attract the best workers, Gallup suggests, “organizations need brand strategies that account for millennials' motivation and ability to find the best employers -- especially considering that millennials currently make up 38% of the U.S. workforce, and some estimate that they will make up as much as 75% of it by 2025.”

https://www.youtube.com/watch?v=OkOmyg5lJbQ

Nonprofits, Local Companies See Benefit From Business Arrival in Capital City

The arrival of Blue State Coffee in downtown Hartford has been more than a convenient place to grab a cup of coffee for supporters of a number of nonprofit organizations in the Capitol City.  It has also meant the introduction of a new revenue stream for organizations they care about, at a time when budgets have been particularly tight. Most recently for Our Piece of the Pie, Journey Home, Unified Theater, The iQuilt Plan, Partnership for Strong Communities, Dream Camp at Trinity College, CT ALIVE and Hartford Food System, Blue State Coffee’s policy of sharing two percent of their profits with local organizations suggested by their customers has been most welcome.

Turns out it can make a difference with a retail business with a commitment to social benefit comes to town.

Blue State Coffee, founded in Rhode Island in 2007, provides their customers at each of their store locations to choose four local non-profit organizations twice a year for a six-month period. Each time a customer makes a purchase he or she may vote for one of the four non-profits being supported at that time. They then allocate 2 percent of sales based on the number of votes each organization receives during the six month donation period.

Since their first store opened in July of 2007, the company reports they have donated over $635,000 to more than 250 non-profit organizations. In total, the company operates eight cafes: four cafes in Connecticut, two in Rhode Island, and two in Massachusetts.

Hartford, which opened just under a year ago at 777 Main Street, was the fourth location in Connecticut, following three in New Haven (84 Wall Street opened in January 2009, 276 York Street opened in May 2010, and 320 Congress Avenue opened in September 2012).  There are also two locations in Boston and two in Providence.   In New Haven, nearly 100 nonprofit organizations have received support since the first coffee shop opened in the Elm City.

Blue State is also very much a part of the trend to use local farms, local goods and local vendors.  The Hartford location, for example, features eggs from Bloomfield, milk from Lebanon, bread from Deep River, Bagels from Cheshire, produce from Simsbury and maple syrup from North Grosvenordale. 

As the company website points out, “We will continue to grow, creating community within our stores and demonstrating that business can be a positive force for good.”

Two CT Companies Among Inc. 500 As Fastest Growing Private Businesses; 40 in State Reach List of 5,000

Two companies with Connecticut addresses are among the 500 fastest growing private companies in America, cited in the annual survey published by Inc. magazine in their September edition.  Saatva, which sells “America’s best priced luxury mattress” exclusively on-line, is ranked at #316 and Discover Video, a video hardware and software company that works across multiple industries, is ranked #428. They were the only two companies to earn a slot in the top 500.  An additional 38 Connecticut companies were listed on the Inc. 5000, also announced recently.

Wallingford-based Discover Video provides software and hardware to corporations and educational institutions that seek to improve their communications through the use of video. The company ranks #428 on the Inc. 500, is ranked #5 among America’s fastest growing media companies, and #2 in Connecticut. The company has grown 893 percent in the last three years.

“We are thrilled to be recognized” said Rich Mavrogeanes, Discover Video CEO. “We provide great products, love our customers, and have a fantastic team. Our customers take comfort in our financial stability and long term prospects, and this award certainly demonstrates that.”

Founded in 2009, Discover Video, LLC provides “powerful and affordable video streaming and digital media solutions to organizations of all sizes in three ways: Products, Services and Expertise,” according to the business website. Clients include the Emmy Awards, the National Association of Broadcasters and the White House, according to the company.

Ranked at #316 on the Inc. list, Saatva’s three year growth is 1,220.9 percent.  The company constructs and sells luxury mattresses.  The company’s administrative mailing address is Wright Street, in Westport; another administrative office is located in Austin, TX.  The online Inc. summary indicates they are a Connecticut company; the magazine’s print edition lists the company as based in New York City, where back-office logistics emanate.  The business has 18 factories around the country; the CEO is Ron Ruzdin.

The seven-year-old Saatva was named to Forbes Top 100 "America's Most Promising Companies" last year, and was ranked the 8th fastest growing e-tailer in the Top 500 Guide for 2015 by Internet Retailer.  The company sells exclusively online and does not have showrooms. Saatva provides “nationwide in-home delivery and set-up,” and highlights it’s mattresses’ “individually wrapped coils, edge & lumbar support, steel coil support base, organic cotton cover, and euro pillow top with a memory foam enhancement in the lumbar area.”

Also reaching the Inc. 5000 were Saffron Road Foods, a consumer products and services business (American Halal Company) based in Stamford, at #703; Votto Vines Importing, a food and beverage business in Hamden, at #786, and Continuity, a New Haven software company, at #955, launched in 2008.

Saffron Road is the culmination of Founder and CEO Adnan Durrani’s life’s work.  Right after the turn of the 2000 millennium, the natural food pioneer first envisioned a halal food brand which also embodied ethical consumerism: halal, sustainably farmed, authentic, anti-biotic free, and 100% vegetarian fed, all harvested on family-owned farms, the company’s website explains.

Votto Vines is a family-operated business focusing primarily on the importation and wholesale distribution of fine wines produced by leading boutique vineyards around the world as well as high-profile private label and wine licensing transactions.

Continuity provides a combination of technology, expertise and leadership “designed to make compliance a seamless part of how your institution does business,” providing compliance management solutions.  By combining regulatory expertise and cloud technology, Continuity provides a proven way to reduce regulatory burden and mitigate compliance risk. In addition to its New Haven headquarters, the company has an office in Boston.

Connecticut-based fast growing businesses on the first-half of the list of 5,000 nationwide also include HPC Wireless Services (#1,033), InterMerchant Services (#1,392), Charles IT (#1,631), Northeast Private Client Group (#1,786),eEuroparts.com (#1,912), Clarity Software Solutions (#,2108), Johnson Brunetti (#2,380), Square 9 Softworks (#2,387), and DGDean (#2,436).

The full list of Connecticut companies is at http://www.inc.com/inc5000/list/2016/state/ct/