Subway Looks to Technology to Spur Growth, Reinvigorate Brand

If it seems like Subway restaurants have stepped up the use of technology to combat the company’s first dip in growth in memory, you’re right.  Low-tech is out and high-tech is increasingly in at the Connecticut-based sandwich franchise mega-chain. Subway is aggresively introducing touch-screen ordering kiosks and a new mobile app – an effort to close the gap with competitors that have credited technology with helping boost sales. Subway is also testing dedicated pickup areas for mobile orders, a first for the company.

“It’s really a vision and strategy in how we want to evolve,” Carman Wenkoff, Subway’s chief information and digital officer, said in an interview with Bloomberg. “Customers are demanding a more complete experience.”

Subway launched a “bot” for Facebook Messenger in April that allows guests to order sandwiches and salads. The first-of-its-kind sandwich ordering bot was announced at the F8 Facebook Developer Conference with Agilitee, one of Subway’s digital partners, and is an innovation driven by the company's year-old Subway Digital division.

Customers can use the bot to order a sandwich or salad, customize it with their favorite bread; cheese; vegetables; and sauce, and pay on any device that supports Messenger. The bot for Messenger is described by the company as the latest addition to the brand’s mobile order systems that includes web ordering and app ordering. The new mobile app is available in about 26,500 of the chain’s 27,000 U.S. stores, which the company says is the largest deployments of a Messenger bot in the restaurant industry.

Subway has a presence in 112 countries, with more than 44,600 franchised locations. The company reports 7.5 million sandwiches a day served around the world.  Subway has more locations than any other restaurant chain U.S., but sales fell 1.7 percent last year to $11.3 billion, marking the third straight annual decline, according to research firm Technomic. Industry analysts point out that traditional fast-food chains are upgrading their equipment and embracing more natural ingredients, cutting into Subway’s decades-long edge in the healthy-eating arena.

The company, based in Milford, Connecticut, was founded almost 52 years ago by Fred DeLuca and Peter Buck. It remains a family-owned business. The company now operates about 26,744 stores in the U.S., a decline of 359 locations in 2016, the first annual decline the company has experienced.

A year ago, Subway announced the launch of Subway Digital, a new division centered on tech initiatives. The division’s focus was to be on evaluating all of the chain’s technology, ranging from its app to its loyalty program, with the ultimate aim of enhancing guest engagement, according to published reports in June 2016.

“With the creation of Subway Digital, we are committed to making the guest experience as meaningful, convenient and contemporary as possible, across all channels,” Suzanne Greco, Subway president and CEO, said in a statement at the time.

Subway is currently testing about 50 of the new self-ordering kiosks, Bloomberg reported. The technology allows customers to walk in and tailor their meals with more accuracy. Digital menus, meanwhile, are available in hundreds of stores. They can be changed instantly without having to print new signs and replace them. The chain also is testing out remodeled restaurants in eight areas in the U.S., Canada and England, according to published reports.

The upgrades require buy-in from franchisees, which own all of Subway’s locations. Though the company is helping pay for the changes, independent owners will bear much of the cost.

“We are investing heavily,” Wenkoff said in the Bloomberg interview. “Our franchisees are with us 100 percent.  Mobile devices are attached at the hip to pretty much all our customers these days.  It’s all about convenience.” The company also noted that Subway Digital, established last year, is in the midst of hiring more than 150 people for jobs supporting the brand’s “omnichannel approach.”

Broadway Awards Point Spotlight at Connecticut Connections

Westport native Justin Paul is having a big year.  The 2003 Staples High School graduate  added two Tony Awards this week to an Oscar won just months ago. And he is not the only Connecticut connection to the Tony Awards, announced on Sunday night. Paul won in the Best Original Score category for his work on Broadway’s “Dear Evan Hansen,” along with writing partner Benj Pasek. Before the night was out, the writers were back on the Radio City Music Hall stage to share another Tony for Best Musical for “Dear Evan Hansen.” In all, the play won six Tonys. Paul was the show's co-composer, co-lyricist and co-creator.

Rebecca Taichman won for directing "Indecent," the klezmer-scored historical drama about the Yiddish Theater that she co-created with playwright Paula Vogel. "Indecent" had its world premiere at the Yale Repertory Theatre in New Haven in 2015. The play began as Taichman's thesis project for the Yale School of Drama in 2001. "Indecent" also won for best lighting for a play.

The 9/11-themed musical "Come From Away" won for best direction of a musical, Yale University graduate Christopher Ashley. It had a significant early reading at Goodspeed Musicals' Festival of New Artists in 2013. One of the show's producers spoke about "Come From Away" at this year's Goodspeed festival, just prior to the Broadway production opening.

Paul won an Oscar Award in February for Best Original Song during the Academy Awards for “City of Stars” from “La La Land.” At that ceremony, he thanked Westport's education and arts communities in his speech: "I was educated in public schools where arts and culture were valued and recognized and a resource," said Paul. "I am so grateful to all my teachers who taught so much and gave so much to us."  Paul shared the award for the song "City of Stars," from the film "La La Land," with fellow lyricist Benj Pasek and composer Justin Hurwitz, and Hurwitz's score from the film also won an Oscar.

Additional Connecticut connections at the Tony Awards:  the revival of "Hello, Dolly!" won awards for best revival of a musical, actress, featured actor and costumes. The show is based on a play by Thornton Wilder, who lived a large part of his life in the New Haven area. And the late August Wilson's "Jitney" won a Tony for best revival of a play. The majority of the 10 plays in Wilson's "Century Cycle" (though not "Jitney") were developed at the Eugene O'Neill Theater Center in Waterford and the Yale Repertory Theatre.

Connecticut and TESLA: The Battle Lines Expand

It was a one-two punch from Connecticut aimed at Tesla, in the marketplace and in the boardroom. On Tuesday, at the company’s annual shareholder meeting at the Computer History Museum in Mountain view, CA, a shareholder resolution advocated by the Office of State Treasurer Denise Nappier was on the agenda.

And on Wednesday, the Connecticut legislature concluded the 2017 regular session, leaving behind a proposal that would have enabled Tesla to sell cars directly to Connecticut consumers, as is done in many other states.  It was the third consecutive year that the plan did not receive approval from legislators, in the face of strong opposition from the Connecticut Automotive Trades Association.

The Tesla proposal was approved by two legislative committees - Transportation and Finance, Revenue, and Bonding - but was never voted on by House or Senate members in their respective chambers.  The bill pitted the state’s longstanding car dealers against the new model that Tesla prefers.

The Connecticut Retirement Plans and Trust Funds shareholder resolution called for the declassification of Tesla’s board and for the annual election of all of Tesla’s directors.  The $32 billion Connecticut Retirement Plans and Trust Funds (“CRPTF”), of which Treasurer Nappier is principal fiduciary, owned 32,837 shares of Tesla, Inc. common stock with a market value of $11.6 million as of June 6, 2017.

Tesla’s board currently is classified, which means that each year only a portion of the directors are elected by shareholders.  This year shareholders had the opportunity to vote on three of Tesla’s seven directors. The company’s board recommended that “our stockholders vote against this proposal.”

“Independent shareholders gave Tesla a clear message: it's time to sharpen the company's governance profile and strengthen board member accountability to shareholders, whose interests they are elected to represent,” Nappier said after the shareholder vote.

Connecticut’s resolution, the first ever filed to declassify Tesla’s board, received an estimated 47 percent of the votes not controlled by directors and officers, indicating strong support for the annual election of directors, according to the Treasurer’s Office.  Representing the Connecticut Treasurer’s Office at the annual meeting, and presenting the proposal, was Aeisha Mastagni, a Portfolio Manager in the Corporate Governance Unit of the California State Teachers’ Retirement System. Overall, according to a U.S. Securities & Exchange Commission filing, 74.7 million shareholders voted against the proposal, with 32.7 million voting in favor.

“And now that Tesla has joined the ranks of the Fortune 500, we encourage the company to take particular heed of the recent vote,” Nappier added, “given that most of its largest U.S. company peers have already embraced annual election of directors.  It should reconsider its opposition to this fundamental provision of good governance.”

“At the end of the day, Tesla has and will continue to develop and deploy new technologies and products that will be an important part of the global economy’s clean energy future.   The company’s corporate structure should likewise evolve toward a more accountable governance framework that will fortify its bottom line and sustainable value,” said Nappier, a veteran shareholder activist.

In the aftermath of the Connecticut legislative session, a spokesman for Tesla told CT NewsJunkie that the company wasn’t quite ready to give up on the state. Tesla is allowed to sell direct to consumers in most jurisdictions in the U.S. and around the world. They are prohibited from selling directly in Connecticut, Michigan, Texas, and West Virginia, according to the company.

“The residents of Connecticut overwhelmingly want Tesla to be able to freely operate in the state, and despite inaction during this session,” a company spokesman said.  There are approximately 1,300 Tesla vehicles registered in Connecticut.

Innovative Start-Up Companies Seek State Funds to Propel Growth

CTNext will bring together start-up businesses seeking the financing to move forward, providing the opportunity for them  to pitch at the next Entrepreneur Innovation Awards (EIA) event scheduled for Thursday, June 15 at the LOFT at Chelsea Piers in Stamford. Connecticut's "innovation ecosystem" will be highlighted as the nine companies, from all across the state, will be competing for $10,000 grants.  The competitors include:

• Deo2go (Fairfield): Creating a topical delivery device that can be filled with a variety of products including, but not limited to deodorant, lip balms, and sunscreen
• Egghead (Danbury): Developing a new way to package and sell ice cream that brings new revenue to a mature market
• FallCall Solutions (Trumbull): Creating a tele-monitoring system for the Apple watch and other mobile systems for elders and caregivers
• Fjord Weather Systems (Wilton): Developing a way to turn every boat on the water into a weather-monitoring system
• LiquidSphere (New Haven): Creating an interactive app that will connect people who struggle with stress, anxiety, depression and addiction with therapists via text and video sessions
• Lucca Ventures (Southington): Developing a Bluetooth-enabled microphone attachment to a full-face oxygen mask, letting patients communicate clearly while wearing it
• Obvia (West Hartford): Manufacturing dual-winglet blades and semi-shroud power upgrade for Sunforce Wind Turbines that will improve efficiency and scalability for the turbines
• Sweet Equations (East Hartford): Making custom candy cakes, edible cupcake displays and other desserts through the development of an on-demand decorating device
• Trekeffect (Lyme): Developing a system to let individual travel planners buy and sell their itineraries.

To determine the finalist pool, each company’s application was vetted by a separate and independent team of reviewers who deemed their products, services and/or business ideas worthy of consideration for an EIA. Each finalist will have an opportunity to compete for a $10,000 grant as well as the judges’ and crowd favorite awards, each in the amount of $2,000 each.

The judges who will hear the company pitches and determine the winners include:

• Elena Cahill: Senior Lecturer, University of Bridgeport, Entrepreneurship Department
• Jim Kern: Co-founder, COMRADITY
• Greg Kivenzor: Associate Professor of Marketing, Director of Experiential Learning Collaborative, UCONN- Stamford
• Mark Lasoff: Founder, LearnToProgram
• Mike Roer: President, The Entrepreneurship Foundation

Throughout the year, CTNext hosts the EIA, a Shark Tank–style pitch event where Connecticut-based startups and entrepreneurs compete for grants that can be applied toward a specific project that will help accelerate growth.

CT Next support the success of companies and entrepreneurs by providing guidance, resources, and networks to accelerate their growth. CT Next is a wholly-owned subsidiary of Connecticut Innovations, described as "a network of passionate people who offer services to busy entrepreneurs." Launched in 2012, there are now more than 1,500 members. Since its inception in 2014, CTNext has held 11 total events in cities and towns all over Connecticut, awarding $544,000 to 52 unique companies.

https://youtu.be/Au4ULyo5L1g

More Daughters Mean More Venture Capital Investment, More Success, Study Shows

As the growing number of Connecticut start-up firms seek to attract venture capital funds to propel their growth, a newly published study may suggest some surprising influences on the investment decisions – and ultimately the success of venture capital investments. A National Bureau of Economic Research (NBER) working paper by Paul A. Gompers and Sophie Q. Wang from Harvard University says that gender diversity may boost performance of venture capital firms.  But it is not the gender diversity of the start-up firms leaders, or the gender diversity of the venture capitalists, who tend to predominantly be white males.

It is the gender diversity of the children of venture capitalists that appears to make the difference.

The paper, “And the Children Shall Lead: Gender Diversity and Performance in Venture Capital,” is based on a study of a dataset of gender of venture capital partners’ children. It finds that partners with more daughters than sons were more likely to hire female partners. But that’s not all.

The study also finds that having more girl children had a positive effect on deal and fund performance of these partners.  The authors indicate that the effects concentrate overwhelmingly on the daughters of senior partners than junior partners.

“Taken together, our findings have profound implications on how the capital markets could function better with improved diversity,” they say in the paper’s abstract.

Venture capital firms are typically deep-pocketed, small companies that bet on startup success by investing millions in exchange for an ownership interest and hopes of high returns.  Published reports indicate that according to the study, firms that increased their gender diversity by hiring more women saw their deal success rate increase by nearly 3 percent. Their profitability, as measured by internal rates of return, rose by more than 3 percent.

Venture capital in Connecticut is available from a range of private and quasi-public sources, including Connecticut Innovations.

The 62-page paper was posted last week; Paul Gompers is Professor of Business Administration and Director of research for the Harvard Business School Finance Unit.  Sophie Q. Wang is a PhD student in the Department of Economics at Harvard University. They based their results on some 12,000 venture-capital investments made between 1990 and 2016, primarily by U.S.-based firms.  They also studied personal information obtained from some 1,400 investing partners.

The NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

Good News, Bad News in State Health-Related Data, Analysis Finds

Connecticut is 11^th best among states in the number of people who had no trouble finding a doctor in 2015, according to State Health Compare. The top 10 states were Minnesota, Kansas, Vermont, Utah, North Dakota, Montana, Maine, Nebraska, Hawaii and Tennessee.  That's the good news. But Connecticut is also 17^th worst among states in the percent of residents with high medical cost burdens, at 23.1 percent. Utah has the highest percentage at 27.5 percent; Maryland the lowest at 15.3 percent, among the 50 states.

According to the data, 70.7 percent of state residents had a general doctor or provider visit during the year, a lower percentage than the national average of 73 percent, and ranking the state 38th in the nation.  The data also reveal that Connecticut is 19^th lowest among states in the percent of state budget devoted to Medicaid, and 28^th lowest in state public health spending per person.

Nearly one in ten Connecticut residents (9.1 percent) spent the night in a hospital during the year, 15^th highest in the nation.

Created by SHADAC, State Health Compare is a new online comparison tool with state-level estimates across 46 measures of health and health care from six federal agency sources. SHADAC is a multidisciplinary health policy research center with a focus on state health policy, supported by the Robert Wood Johnson Foundation and affiliated with the Health Policy and Management Division of the School of Public Health at the University of Minnesota.

Categories in the database include health insurance coverage, cost of care, health behaviors, outcomes, access, utilization, quality of care, public health, and social and economic factors. Metrics include costs of potentially preventable hospitalizations, percent of residents who needed but did not get care due to cost, chronic disease prevalence, weight assessment in schools, and adult cancer screening rates.

Data for most measures is available for multiple years, allowing trend analysis. Within most of the 46 measures, the tool allows visitors to dive deeper into the data by subpopulations such as by age, race/ethnicity, and education level. The tool provides a map, state rank and trend display for each metric. The data can be downloaded and exported.

The data was recently featured in CT Health Notes, a biweekly informational newsletter of the Connecticut Health Policy Project. It includes research summaries, news, event notices, policy proposals and other issues important to Connecticut’s health policy.

Start-up Entrepreneurial Activity Boosts CT's Ranking from 22 to 18 Among Nation's 25 Smaller States

In a state-by-state analysis of start-up business activities, Connecticut moved from ranking 22^nd among the smallest 25 states a year ago to 18^th this year – the largest forward progress of any of the nation’s 25 smallest states.  Vermont also moved up four positions, from 13^th to 9^th.  And Kansas advanced three positions, from 18^th to 15^th. This year among the 25 smaller states, Nevada was top in startup activity, followed by Oklahoma, Wyoming, Montana, and Idaho. Among smaller states, eleven ranked higher than they did last year, five experienced no changes in rankings, and another nine ranked lower.

The analysis was included in the 2017 Kauffman Index Startup Activity State Report, issued this month by the Ewing Marion Kauffman Foundation, based in Kansas City.

Among the twenty-five largest states, the five states with the highest startup activity in the 2017 Index were California, Texas, Florida, Arizona, and Colorado. Seventeen out of the twenty-five largest states had higher levels of startup activity in 2017 compared to last year.  Among the twenty-five largest states, the four that experienced the biggest increase in ranks in 2017 were Massachusetts, Tennessee, Washington, and Minnesota. The three that experienced the biggest negative shifts in rank in 2017 compared to 2016 were Louisiana, Maryland, and Virginia.

After two years of large increases, startup activity rose slightly in 2016, continuing an upward trend started in 2014, the report indicated. Only three years ago, the Startup Activity Index was at its lowest point in the last twenty years. Today it has gone up three years in a row, reaching close to the peak before the Great Recession drop, the report pointed out.

Among the twenty-five smallest states, the three that experienced the biggest increase in ranks in 2017 were Connecticut, Vermont, and Kansas. The three that experienced the biggest negative shifts in rank in 2017 compared to 2016 were Hawaii, Rhode Island, and Delaware.  In the twenty-five smallest states, the five states with the highest startup activity in the 2017 Index were Nevada, Oklahoma, Wyoming, Montana, and Idaho. Eleven smaller states had higher Startup Activity Index measures this year.

The Startup Activity Index is an index measure of a broad range of startup activity in the United States across national, state, and metropolitan-area levels. The Startup Activity Index captures startup activity along three dimensions:

• The Rate of New Entrepreneurs in the economy— the percentage of adults becoming entrepreneurs in a given month.
• The Opportunity Share of New Entrepreneurs—the percentage of new entrepreneurs driven primarily by “opportunity” as opposed to “necessity.”
• Startup Density—the rate at which businesses with employees are created in the economy.

Matchmaker Event Seeks to Boost Local Small Businesses

Putting entrepreneurial, start-up and small businesses in the same place at the same time with business decision makers seeking suppliers, subcontractors and project partners is the concept that drives the CT Business Matchmaker, among Connecticut's largest events designed to bring together small, established businesses with “primes”—large and medium-sized companies, government agencies, educational institutions, and municipalities who are actively interested in increasing and diversifying their supplier lists. “The Matchmaker program is a premier event offering significant new opportunities for Connecticut-based small businesses,” said Fred Wergeles, director of the University of Hartford’s Entrepreneurial Center, which manages and hosts the event. “Bringing together large companies and agencies with small businesses in the fast-paced Matchmaker environment creates the spark for emerging relationships that will fuel the state’s economy. The Entrepreneurial Center provides pre-event training for both the large and small businesses to maximize the value of their participation in the program.”

The eighth annual event will be held on June 1, 7:00 AM to 2:30 PM on the university campus.  CT Business Matchmaker 2017 will offer an opportunity for small business owners to expand their contracting relationships. During the event, small businesses will present their products and services to potential customers in a series of ten- minute, one-on-one interviews with Primes. All Prime participants, including state and federal agencies, large corporations, municipalities, and educational institutions, come to the event with business needs they are seeking to fill.

“At Viking Construction, we are always looking for qualified subcontractors. We need to find the right company for the job in order to create a successful project, so relationships are very important to us. We know we’ll meet the quality we are seeking at CT Business Matchmaker,” said Michele Yeager, project administrator at Viking Construction.

“Through the CT Business Matchmaker, we accomplished our goal of reaching out to new subcontractors and providing economic opportunities to local businesses. They help get the small businesses ready for the opportunities we put out to bid,” said Michael Jefferson at the Metropolitan District (MDC). “I like to network with those agencies as well so I know what resources are available to support the success of our vendors. The MDC is committed to this process that helps build opportunities for small businesses.”

Wergeles also emphasized his organization’s effort to reach out to businesses run by women and minorities. “Through our Women’s Business Center, we also focus on recruiting women-owned and minority-owned businesses. These businesses traditionally receive fewer contracts, so we strive to provide more opportunities for them through this event.”

Additional organizing partners for CT Business Matchmaker include the University of Hartford’s Construction Institute, U.S. Small Business Administration, state Department of Administrative Services, CT Procurement Technical Assistance Program, state Commission on Human Rights and Opportunities, and the U.S. General Services Administration.

Participants include: Boston Scientific, Canberra Industries, Cianbro Corporation, City of Hartford, City of New Britain, Charter Oak Environmental Services, Inc., Colt's Manufacturing Company LLC, CT Airport Authority, Connecticut Lottery Corporation, CSCU, Dimeo Construction Company, Elbit Systems of America, Kollsman Inc., Enfield Enterprises Inc., Enterprise Builders, Inc., General Dynamics Electric Boat, Great Lakes Dredge & Dock Company, LLC, Greater Hartford Transit District, Harvard Pilgrim, Kaman Composite Structures, Manafort Brothers Incorporated, Methuen Construction Co., Inc., Pioneer Valley Transit Authority, Pitney Bowes, Sikorsky a Lockheed Martin Company, Skanska USA, Staples Business Advantage, Supervisor of Ship Building, The Hartford, The Metropolitan District, The Whiting-Turner Contracting Company, Triumph Integrated Systems, UCONN Health, UCONN Purchasing Dept., UConn Supplier Diversity Program, United States Navy, US Environmental Protection Agency, US General Services Administration – FAS, US General Services Administration – PBS, United Technology Aerospace Systems, Viking Construction, and Western CT State University.

New Ventures Impress, Receive Funds to Advance Entrepreneurial Efforts

reSET, the Social Enterprise Trust (www.reSETCo.org), whose mission is advancing the social enterprise sector and supporting entrepreneurs of all stripes, revealed the winners of its 2017 Venture Showcase last night at The Mark Twain House and Museum to a sellout crowd of 200. The annual event recognizes the talented entrepreneurs and innovative businesses that have just graduated from reSET’s nationally recognized accelerator. 17 early stage enterprises graduated from the recent cohort, and last night, seven finalists competed for $30,000 in unrestricted funding.

The entrepreneurs pitched their business models to an audience of founders, investors, and community and corporate stakeholders. An esteemed panel of judges, including Tony Vengrove of Miles Finch Innovation, Michael Nicastro of Continuity, and Lalitha Shivaswamy of Helios Management Corporation, selected the ultimate winners.

Recipients of the competition’s three “reSET Impact Awards” are listed below, as is the winner of the “Tech Impact Award,” which was given by reSET’s Founding Partner and the evening’s Presenting Platinum Sponsor The Walker Group.

reSET Impact Awards:

$10,000 - Career Path  http://www.careerpathmobile.com

$6,000- Pelletric  http://www.pelletric.com

$4,000 - Phood  http://phoodsolutions.com

The Walker Group’s Tech Impact Award:

$10,000 - Phood http://phoodsolutions.com

Other finalists included:  Almasuite http://www.almasuite.com, Eureeka BI http://www.eureekabi.com, Optima Sports System http://optimasports.es,

and Sweetflexx http://sweetflexx.com/en.

The Showcase’s prize purse was made possible by a handful of reSET’s community partners: The Walker Group (Presenting Platinum Sponsor), The Hartford (Platinum Sponsor), Eversource (Gold Sponsor), AT&T (Gold Sponsor), Accounting Resources, Inc. (Silver Sponsor), Qualidigm (Silver Sponsor), CT by the Numbers (Silver Sponsor), and Aeton Law Partners (Silver Sponsor). The David Alan Hospitality Group and Capture provided in-kind services.

CareerPath is a platform that enables career planning teams to "effectively connect and communicate with students." Using a series of milestones, tasks, and events as drivers, CareerPath allows students to "tackle their career planning objectives in an organized and manageable way."

reSET also receives generous support from its Strategic Partners: The Walker Group, Connecticut Innovations, MetroHartford Alliance, and the Connecticut Department of Economic and Community Development.  reSET, the Social Enterprise Trust is a non-profit organization whose mission is to advance the social enterprise sector. Its strategic goals are threefold: to be the “go-to” place for impact entrepreneurs, to make Hartford the Impact City, and Connecticut the social enterprise state.  Since its inception, reSET has awarded more than a quarter of a million dollars to scaling ventures. Graduates of the organization’s accelerator have generated $4.4 million in revenue and have taken on $5.5 million in investment.

https://youtu.be/EAC6W3Dn_k8

CT Ranked #4 in US in Education, Economic, Civic Opportunity

Including Connecticut, ranked #4 nationally, the New England states grabbed five of the top 10 slots in the Opportunity Index, an analysis of “how opportunities measure up” in communities across the country.  The Opportunity Index is an annual composite measure at the state and county levels of economic, educational and civic factors that expand opportunity. Leading the opportunity rankings are Vermont, Massachusetts, New Hampshire, Connecticut, New Jersey, Maryland, North Dakota, Nebraska, Maine and Minnesota.  Connecticut exceeded the national average in all three components – Jobs and Local Economy, Education, and Community Health and Civic Life.

In the Education component of the Opportunity Index, Connecticut ranked second.  The state ranked sixth in the Community aspect of the index, but 20^th in the Economy scorecard.  The Economy rankings included data on jobs, wages, poverty, inequality, access to banking, affordable housing and internet access.

Connecticut’s overall score was 62.8, compared with the national average of 54.0.  Among Connecticut’s eight counties, the best overall opportunities are in Middlesex County, which earned a 63.1 score.  Next were Tolland County, 62.3; Fairfield County,62.1; Litchfield County, 60.6; Hartford County 59.5; New Haven County, 56.8; New London County, 54.3; and Windham County 51.2.

The index was jointly developed by Measure of America and Opportunity Nation.

Nationally, overall opportunity has increased by 8.9 percent since 2011, as unemployment has dropped and violent crime has been reduced, the data indicated.  In addition, the rate of young adults from age 16 to 24 who are neither working nor in school has fallen 9.1% since 2011, but remains above pre-recession levels. This number has decreased slightly since 2015.

Opportunity Nation is a bipartisan, national coalition of more than 350 businesses, nonprofits, educational institutions and community leaders working to expand economic opportunity. Opportunity Nation seeks to close the opportunity gap by amplifying the work of its coalition members, advocating policy and private sector actions and releasing the annual Opportunity Index.  Measure of America provides easy-to-use yet methodologically sound tools for understanding well-being and opportunity in America.

The data, according to survey sponsors, comes from the U.S. Census Bureau, the Bureau of Labor and Statistics, the Federal Communications Commission, the National Center for Education Statistics, the Center for Disease Control and Prevention and the U.S. Department of Justice.