The Difference A Dollar Makes: UConn Research Finds Minimum Wage Increase Reduces Maltreatment of Children

It has been nearly a year since a study co-authored by UConn Assistant Professor of Public Policy Kerri M. Raissian appeared in the academic journal Children and Youth Services Review, but the interest hasn’t waned.  In fact, it now tops the list of downloaded articles in the past 90 days from the journal’s website. The article, which Raissian co-authored with Lindsey Rose Bullinger, asks – and answers – this question:  Does the minimum wage affect child maltreatment rates?

Short answer, according to their research:  yes. 

Raising the minimum wage by $1 per hour would result in a substantial decrease in the number of reported cases of child neglect, according to a study co-authored by Raissian and Bullinger.  They reviewed eleven years of records on child abuse and neglect and found that increases in the minimum wage correlate with declining child maltreatment rates.

A $1 increase would result in 9,700 (9.6 percent) fewer reported cases of child neglect annually as well as a likely decrease in cases of physical abuse, Bullinger explained on the website sciencedaily.com, where their study was featured earlier this year. This decline is concentrated among young children (ages 0–5) and school-aged children (ages 6–12); the effect diminishes among adolescents and is not significant, the study’s abstract points out.

“Our results suggest that policies that increase incomes of the working poor can improve children's welfare, especially younger children, quite substantially,” the authors conclude in their 70-page article on the study.

"Money matters," Bullinger noted on sciencedaily.com. "When caregivers have more disposable income, they're better able to provide a child's basic needs such as clothing, food, medical care and a safe home. Policies that increase the income of the working poor can improve children's welfare, especially younger children, quite substantially."

More than 30 states had minimum wages exceeding the federal requirement by an average of $1 during the study period, allowing the researchers to track changes in the number of reports to child protective service agencies with increases in the minimum wage.  Data from the National Child Abuse and Neglect Data System was used in the research.

The substantial decrease in child neglect cases is concentrated among toddlers and school-age children, but changes in the minimum wage had little impact on reports of neglect of teenagers. The researchers found no variation based on a child's race.

“Families with low incomes have a great ability to make a dollar go a long way. On average, the weekly SNAP (Supplemental Nutrition Assistance Program) food stamp benefit for a family of three is about $30. That’s about what a one dollar an hour minimum wage increase translates into for full-time workers. Other studies show that a $1,000 tax refund results in similar declines in child maltreatment – neglect, specifically. So for really low-income families that probably have pretty severe material deprivation or economic hardship, that extra dollar can make a really big difference,” Raissian told UConn Today.

Raissian’s research interests are linked by a common focus on child and family policy, according to the university’s website.  Her dissertation, “Assessing the Role and Impact of Public Policy on Child and Family Violence,” evaluated the efficacy of policies designed to reduce violence directed towards intimate partners, children, and other family members. Her professional background includes nearly 10 years of government and nonprofit sector experience, which focused on serving abused adults and children.

Bullinger is associate instructor in the school of public and environmental affairs at Indiana University at Bloomington.  Both attended Syracuse University’s Maxwell School of Citizenship and Public Affairs.

“Most of the states don’t have a minimum wage at or above $10; Connecticut does. It’s possible Connecticut may be at the threshold,” Raissian said in an interview featured in UConn Today. “It’s also really important to note that, while our study looks at the minimum wage, this could really be an income story – remember other studies find similar results when incomes are increased in other ways. Our very low-income families might be facing other reductions in their incomes that will be costly to us as a state. We should consider that, moving forward.”

Done Deal: Upstate New York Will be Home to Northeast’s First Legoland

The bricks have fallen into place, and Legoland will be coming to upstate New York in 2020.  Despite local opposition groups, a change in the preferred host community, and two years of uncertainty, United Kingdom-based Merlin Entertainment has announced that the third Legoland in the United States and the first in the Northeast will be built in Goshen, New York.  The site is just an hour or two from most parts of Connecticut and 60 miles north of Manhattan. There are no indications that Connecticut was ever seriously considered for the theme amusement park.  Currently, there are two operating Legoland locations in the U.S., in California and Florida. 

The $500-million amusement park and hotel are scheduled to be built on 500 acres right off Route 17 near exit 125 in Orange County, New York.  Legoland anticipates generating $283-million in taxes for Orange County over 30 years, more than 1,000 jobs at the park and 800 for construction.

In 2015, Merlin Entertainment had tried to build in a nearby community, but the plan fell through.  They next turned to Goshen, a small community with a population of just over 5,000. New York will support the project by investing $18 million, according to published reports, improving the current road infrastructure, upgrading traffic signals and building a bridge over Route 17. The project will also receive $7.1 million in grants through the Regional Economic Development Council Initiative and $8 million through the Upstate Revitalization Initiative.

The timing of the announcement followed a planning board vote in October, approving an umbrella resolution for its site plan, and permits to clear and grade the land. The review process took 17 months. The proposed Legoland theme park in Goshen had cleared a major hurdle in September when the Town Board amended Goshen’s comprehensive plan to allow commercial entertainment. A year ago, the plan was in doubt due to a variety of concerns raised locally, from traffic to environment to history.

“We have spent a lot of time building relationships in the community, listening and responding to concerns, and we are looking forward to building a theme park that will enhance the community and be a tremendous neighbor,” said Merlin Entertainments Chief Executive Officer Nick Varney. “I am honored to announce Legoland New York is officially moving forward.”

Merlin Entertainments, the developer of Legoland in New York, is one of the largest entertainment company operating in Europe, operating 123 attractions in 24 countries across four continents. About 2 million visitors annually are projected for Legoland New York, with the facility to be open each year from April 1 through Halloween.

The design of the New York location will build upon parks operating in California, Florida, the United Kingdom, Germany, Malaysia, Denmark, Dubai and Japan, where the most recent Legoland debuted.

Charter, Henkel Select Connecticut for Growth, With Some Help from the State

Charter Communications has 92,000 employees worldwide.  The company’s headquarters is in Stamford.  Henkel employs 50,000 people worldwide.  The company’s world headquarters is in Dusseldorf, Germany; their Consumer Goods R&D Headquarters is in Stamford.  Both companies have announced major growth in the city, bringing jobs and boosting the economy in the region. They are the flipside of Aetna, Alexion and GE, whose corporate leadership drove highly publicized departures from the state.

Henkel is #158 on Forbes magazine’s Global 2000 list of Top Multinational Performers, and #307 on the list of America’s Best Employers.  Charter Communications is #38 on the Forbes list of Growth Champions and ranks #107 on the Global 2000.

Henkel operates worldwide with leading brands and technologies in three business units: Laundry & Home Care, Beauty Care and Adhesive Technologies. Many are unfamiliar with the corporate name, but know their products well:  Dial, Snuggle, All, Purex, Sunlight, and Surf, among many others.  The company’s United States Adhesive Technologies R&D headquarters is in Rocky Hill.

Just over a year ago, in September 2016, Henkel acquired Wilton-based Sun Products Corporation.  Jobs became available almost instantly for a variety of positions across Henkel’s Connecticut footprint – with locations in Trumbull and Rocky Hill as well as the new office planned in Stamford.  With the acquisition, Henkel reached the number two position in the laundry care market in North America, behind only Cincinnati-based Procter & Gamble.  North America is one the most important regions for Henkel, according to the company, and the U.S. accounts for the highest sales globally.

A month later, the state announced it would be providing the company with up to $25 million in state aid to support the company’s move of employees from Arizona to Connecticut (and Wilton to Stamford) as part of a consolidation and growth plan.   The Department of Economic and Community Development, as part of its “First Five” program, is to provide a 10-year, $20 million low-interest loan to support the project., and the company may be eligible for up to $5 million in tax credits for capital investment on eligible projects.  Projections were for 266 jobs in Stamford initially, with a workforce of 500 anticipated, according to published reports.

The move began into new headquarters began this summer, with about one-third moving here from Arizona, one-third from Sun Products, and one-third employees new to the company, Fairfield County Business Journal reported.

Henkel North America Consumer Goods Headquarters is a “new workspace” that will “showcase a forward-thinking office design, fostering a high level of creativity and collaboration, which are fundamental for growth and success as a thriving consumer goods business,” officials said.  The company’s website now features a video touting the advantages of Stamford, and why it was selected.

“We look forward to moving into our exciting new home, with the space and opportunity for growth,” the video narration declares. “Stamford is a vibrant community, brimming with restaurants, arts and entertainment within walking distance of our new office.  The city is a transportation hub, with easy access.”

Most Connecticut residents may also be unfamiliar with Charter Communications.  Connecticut has 24 cable franchise areas; Charter provides local cable service in only three of them, in the western and northeastern regions of the state for about 35 mostly rural communities.  The larger franchise owners in Connecticut are Cablevision, Comcast and Cox.  But the Connecticut map is deceiving – nationally Charter is the second largest cable provider in the nation.

Last month, Charter announced plans for a new 15-story headquarters building in Stamford.   The new building at the Gateway Harbor Point development along Long Island Sound is projected to have 500,000 square feet of work space. Employees are expected to move in during 2019.

“Since relocating Charter’s headquarter operations to Stamford in 2012, the company has undergone a transformation to become the second largest cable provider in the U.S.,” said chairman and CEO Tom Rutledge in a press release. “This new, state-of-the-art facility in downtown Stamford will provide Charter the necessary resources to facilitate its continued growth. ”

The Department of Economic and Community Development (DECD) will provide a 10-year, $10 million low-interest loan to support the project through the state’s First Five Plus program. The company may be eligible for loan forgiveness based on job creation and if employment obligations are met. Charter Communications will also receive up to $10 million in tax credits through DECD’s Urban and Industrial Sites Reinvestment Tax Credit program. Additional tax credits are available if the company exceeds job targets.

In a news release, the Governor’s Office indicated that “following its commitment to create and retain 400 jobs under the state’s First Five Program in 2012, Charter has committed to create an additional 1,100 new corporate headquarters jobs and has agreed to a total of $100 million in planned capital expenditures in Connecticut over the next several years. It was Stamford’s largest real estate announcement of the year. The new headquarters would become the first commercial facility with “direct access” to the station’s platform, company officials said, citing the location’s proximity to both rail and Interstate 95.

Charter’s growth is drive by the acquisitions during the past year of Time Warner Cable and Bright House Networks.  That expanded Charter’s reach to about 50 million homes and businesses and earned them the ranking of second-largest cable company in the country, just behind Philadelphia-based Comcast.

New Wallingford Rail Station Opens Ahead of Next Year's Hartford Line Expansion

The next step in the development of the Hartford line, which will significantly expand daily passenger rail service between New Haven and Springfield, takes place on Monday with the opening of a newly constructed passenger station in Wallingford. The Connecticut Department of Transportation (DOT) will officially open the new CTrail Hartford Line Wallingford Station to the public on Monday afternoon. The new station is located at 343 North Cherry Street, approximately one mile north of the existing station.

It will be opening in advance of the May 2018 launch of CTrail Hartford Line passenger rail service. Gov. Malloy and state officials announced last month that a one-way trip between Hartford and New Haven will run $8 when the expanded commuter service gets underway next spring. A trip along the entire length of the rail line — Springfield to New Haven — will cost $12.75.

The Wallingford station features amenities “aimed at providing a high-quality passenger experience,” officials point out, including high-level platforms on both sides of the track as well as elevators, stairways with an overhead pedestrian bridge to cross the tracks, and canopies covering approximately 50 percent of the platform length. There will be parking for approximately 221 vehicles in two surface parking lots at the station. There is also a passenger information display system, security cameras, electric vehicle charging, and bicycle racks. Limited seating on the platform is also available.

Construction began in December 2014 and cost approximately $21 million.  New rail stations in Meriden and Berlin are under construction, and are expected to come on line prior to the launch of the expanded passenger service in the spring. DOT officials have previously indicated that all stations will be compliant with the Americans with Disabilities Act, and none of the stations will have bathrooms.

Once underway, the new daily service will mean that from New Haven to Hartford, trains will increase from six to 17 per day. Between Hartford and Springfield, trains will increase from six to 12 per day. A new station in North Haven station is currently being designed, and is not due to be built and open until 2020. Stations in Enfield, Newington, West Hartford, Windsor and Windsor Locks stations are also part of the Hartford Line plans. Trains will arrive at stations in New Haven, Wallingford, Meriden, Berlin and Hartford every 45 minutes during peak hours and every 60 to 90 minutes during off-peak periods.

The DOT is accepting comments on the new fares through Nov. 27 by email (dot.hartfordlinecomments@ct.gov) or mail.  In addition, there will be three public comment forums: at 5 p.m. on Nov. 13 at the New Haven Hall of Records; 4 p.m. on Nov. 14 at Capital Community College in Hartford; and 5:30 p.m. on Nov. 15 at the Pioneer Valley Planning Commission in Springfield.

There is more than a rail station at work in Wallingford.  The town has completed a Transit-Oriented-Development (TOD) Plan that features shifting existing industrial development to the north, freeing up space for mixed-use and retail development in Downtown, officials said. The existing Parker Place apartment complex near the station offers a precedent for TOD and is expanding 200 units. The Town is also making efforts to encourage and support TOD by creating a new Town Center zoning district and reducing off street parking requirements. Transit-Oriented-Development refers to a high density, pedestrian oriented, mixed-use development located within a short walk of transit stations. TOD plans are also anticipated at the other stations along the Hartford line.

Varied Economic Development Projects, People and Programs to be Celebrated by State

The Connecticut Economic Resource Center, Inc. (CERC) has named top economic development projects, programs and leaders from throughout the state to be honored at the annual CELEBRATE CT! event on November 30, 2017 at The Bushnell in Hartford. The 21 honorees were selected by economic development officials in each of 10 regions across Connecticut for their contribution to the state’s economy – such as consistent or growing employment levels, playing a critical role in changing the character of its community or civic engagement, strong public/private collaboration to encourage new investment, or leadership resulting in growth or improvements.

The honorees include initiatives, businesses, organizations and individuals that are widely known in their communities, and some that are less well-known.  Reflecting the growth of the craft beer industry in Connecticut, the honorees include three breweries: Stony Creek Brewery in Branford,  Beer'd Brewing Company in Stonington, Alvarian Beer Company in New Britain. 

“These awards acknowledge key people, programs and projects that are stimulating new jobs and investment in our economy,” said CERC President and CEO Robert Santy. “They are well earned and well-deserved, and CERC is proud to recognize the 2017 honorees and their noteworthy accomplishments that are having a positive impact on Connecticut’s business environment.”

The 2017 honorees also include the UCONN Hartford Campus, which began operations this fall in downtown Hartford, the long-running Goodspeed Musicals, and the Heirloom Food Company in Danielson, an organic cafe and juice bar.  The state's increased emphasis on rekindling the manufacturing industries is reflected in the selections of Pegusus Manufacturing and Hurley Manufacturing.

This is the eighth year the event is being hosted by CERC, a nonprofit corporation and public-private partnership that provides economic development services, working closely with an extensive network of state, regional, local and utility partners to leverage Connecticut’s unique advantages as a premier business location.

Nearly 200 economic development and business professionals from around the state are expected to attend CELEBRATE CT! (To register or sponsor the event, visit www.cerc.com/celebratect)

The 2017 CELEBRATE CT! award honorees:

• Capitol Region/Hartford Joining Technologies UCONN Hartford Campus
• Central/New Britain Alvarium Beer Company Jasko Development LLC
• South Central/New Haven Stony Creek Brewery Mike Freda (for Amazon Fulfillment Center, North Haven)
• Southeastern/New London Beer’d Brewing Sean Nugent (for Preston Riverwalk)
• Lower CT River Valley/Middlesex Goodspeed Musicals Pegasus Manufacturing
• Naugatuck Valley/Waterbury Basement Systems Bristol Centre Square Project
• West/Danbury-Fairfield BRT General Corporation Ferguson Library (1 Million Cups) Inspira Marketing Group
• Metropolitan/Bridgeport Corvus Capital Partners LLC Future Health Care Systems
• Northeastern/Windham Heirloom Food Company Thompson Branding Plan
• Northwest Hills/Torrington Hurley Manufacturing Whiting Mills

CT Among States Most Vulnerable to Identity Theft and Fraud, Analysis Finds

Identity theft and Connecticut seem to go hand-in-hand, according to a new analysis of the prevalence of identity theft across the country. Connecticut ranked among the most vulnerable, at number 10 for identity theft and fraud and number 7 in identity theft complaints per capita. The credit-monitoring site WalletHub released a study this month identifying the states most vulnerable to identity theft and fraud. Analysts compared data for all 50 states and the District of Columbia across eight key metrics, ranging from identity theft complaints per capita to average amount lost due to fraud.

"Connecticut ranked #2 when it comes to Identity Theft in particular. It has the 2nd highest combined rate of identity theft complaints per capita and amount of losses per complaint (in dollars),  WalletHub Analyst Jill Gonzalez told CT by the Numbers. The data sets for the study included identity-theft complaints per capita and average loss amount due to fraud.

The most vulnerable top 10: California, Rhode island, Washington DC, Florida, Georgia, Michigan, Nevada, Texas, New York, and Connecticut.

WalletHub noted that according to the Identity Theft Resource Center’s most recent Data Breach Report, 2017 is on track to register the highest number of data breaches since the center began tracking them in 2005.  Major data breaches this year include Equifax, which potentially impacted more than 145 million Americans.

"The metrics which show truly alarming results in Connecticut's case are Identity Theft Complaints per 100,000 Residents (ranking 7th at 137.90) and Average Loss Amount Due to Online Identity Theft, calculated as the Total Reported Amount Paid / Total Number of Complaints Stating the Amount Stolen (ranking 5th at $12,174.48),” Gonzalez said.

A breakdown of the rankings found that Connecticut was:

• 7th in identity-theft complaints per capita
• 5th in average loss amount due to online identity theft
• 25th in fraud and other complaints per capita
• 23rd in state security-freeze laws for minors’ credit reports
• 24th in compliance with the REAL ID Act. The REAL ID Act establishes minimum security standards for license issuance and production.

The WalletHub analysis included three areas of data:  Identity Theft (47.5 points), Fraud (47.5 points) and Policy (5 points).

Among the policy measures, the state ranked tied for first in the Identity Theft Passport program metric.

"Identity Theft Passport programs help victims of identity theft reclaim their identity,” Gonzalez explained.  “When presented to a law-enforcement agency, for instance, an “identity-theft passport” allows a victim to prevent his or her arrest for offenses committed by an identity thief."

Data used to create the WalletHub ranking were collected from the Federal Trade Commission, Internet Crime Complaint Center, Federal Bureau of Investigation, Department of Homeland Security and National Conference of State Legislatures.

Innovation Drives Start-Up Businesses to Receive CTNext Funding

When CTNext, described as state’s leading resource for entrepreneurial support, distributed $54,000 to five Connecticut-based businesses at the annual CTNext Entrepreneur Innovation Awards, they instantly became five to watch. The fledgling businesses are among a growing number of start-ups that are being encouraged by state and private funding sources as Connecticut seeks to become a place where innovation, often driven by millennials, can thrive.  Such financial support aims to increase the odds of a business succeeding, while at the same time making it more likely that the company founders would stay in the state, at a time when many millennials are heading elsewhere.

The companies, selected from 10 that sought the CTNext funding of $10,000 per company, were:

• FallCall Solutions (Stratford): Creating a telemonitoring system for Apple Watch and other mobile systems for elders and caregivers
• Rumble Helmet (Bridgeport): Developing a smart bicycle helmet that has embedded features designed to communicate the cyclist’s intentions to other road users
• Sitrep (Cheshire): Creating a system for better communication of heating, ventilation and air conditioning (HVAC) problems
• Deo2Go (Norwalk): Creating a topical delivery device that can be filled with a variety of products, such as deodorant, lip balm and sunscreen
• EZ ICE: Manufacturing a kit for a custom and portable backyard ice rink that can be assembled in under an hour, with no tools and on any surface

For the second consecutive EIA, Deo2Go took home the $2,000 Crowd Favorite award. Rumble Helmet won an additional $2,000 as Judges’ Favorite, at the awards ceremony held in Hamden.

Rumble Helmet, founded in January 2017, is a smart bicycle helmet that has an embedded adaptive light system consisting of front flash light, back light, turn signals, and uniquely designed sidelights to communicate the cyclists' intentions to other road users, according to a GoFundMe page, now seeking financial support. The light system can be activated using hand signals. The smart helmet can detect vehicle presence in the cyclist's blind spot. Moreover, it can be paired with a mobile navigation application. This invention has a utility patent and design paten granted.  CEO Reem AlAttas, a University of Bridgeport Ph.D. candidate, is a co-founder.

Sitrep, based in Cheshire, was founded in 2014 to “develop monitoring systems that are intuitively usable.”  Principals are Harland Christofferson, Gary Martin and Michael Byrne.

The mission of Stratford-based FallCall Solutions, LLC is “to become the premier innovator in simplified communication solutions for the geriatric population and their caregivers.” The company website explains that the company aims to maximize elder independence and caregiver peace of mind by “building software based solely on the needs of the consumer rather than the trying to create and introduce new ecosystems into our customers’ lives.”

EZ ICE began in 2010 as a small Rhode Island company constructing ice skating rinks in families’ backyards in the Providence and Boston Suburbs, according to the company’s website.

Since launching the Entrepreneur Innovation Awards in 2014, CTNext has now held 13 total events in the state, awarding a total of $642,000 to 58 unique companies.  All companies – including the most recent selections - must be registered with the Secretary of the State’s Office in Connecticut before receiving any grant dollars from CTNext.

“It’s exciting to see the innovative ideas moving toward commercialization by our state’s entrepreneurs, and we are so pleased to be able to provide support to help progress those ideas to the next level,” said Glendowlyn Thames, Executive Director of CTNext.

Population Health Topics to Be Focus of Statewide Public Health Conference

“From Patient to Population Health - Disparities Matter” is the focus this year as the Connecticut Public Health Association (CPHA) expects approximately 300 public health practitioners from around the state to gather at the CPHA Annual Meeting and Conference, being held on October 30. The day-long conference will include more than 30 sessions on various public health topics, along with two keynote speakers and a range of professional development opportunities for attendees.  The keynote speakers will be Mark Masselli, Founder/President/CEO of Community Health Center, Inc., based in Middletown, and State Senator Doug McCrory of Hartford, Democratic Deputy President Pro Tempore, elected to the Senate this past year. 

Conference objectives include:

• Understand how public health policies and programs influence health disparities throughout life for patients and populations.
• Identify evidence-based strategies that can reduce health disparities and improve community health outcomes
• Influence health policies in state and country through disparities research and dissemination of evidence
• Promote the formation of collegial professional networks and the exchange of ideas among members of the public health community

Among the topics to be discussed in sessions throughout the day are youth suicide prevention, pregnancy screening in community-based settings, addressing the needs of people with complex social and health needs, substance abuse, health disparities, healthy eating and hunger, and nutrition education.  Sessions will also focus on early intervention, asthma, drinking water safety, intimate partner violence, and the impact of Federally Qualified Health Centers in improving health outcomes.

Represented among the presenters are the Community Health Center Association, UConn, the state Departments of Public Health and Mental Health and Addiction Services, the Connecticut Data Collaborative, Institute of Living, March of Dimes Foundation, Western Connecticut Health Network, Connecticut Hospital Association and the State Innovation Model Program Management Office.

A welcome address, via video, will be offered by U.S. Sen. Chris Murphy.

The Connecticut Public Health Association, which celebrated its 100^th anniversary last year, has been committed to improving the quality of the public health profession and advocating for policies and programs that promote health and prevent disease.  The organization provides professional development and education, public health advocacy, mentorship and communications to members and the public. This year’s conference is being held at AquaTurf in the Planstville section of Southington.

Award-Winning Accelerator Prepares for Next Cohort of Start-up Businesses

reSET, a Hartford-based non-profit organization supporting entrepreneurs, has opened applications for its highly regarded business accelerator program for 2018. Tailored for impact-driven businesses but available to early-stage ventures across all industries, reSET’s Impact Accelerator was a winner of the U.S. Small Business Administration Growth Accelerator Competition, and was the only Connecticut accelerator to receive the award, in 2015. Running from next January through May, the five-year old program will provide entrepreneurs with access to the knowledge and resources they need to grow their businesses and impact. Applications are being reviewed on a rolling basis; the final deadline is December 8, 2017.  Applicants are not limited to the Hartford area or Connecticut; in previous cohorts, participants have been from other states and nations.

reSET is a nonprofit organization whose mission is advancing the social enterprise sector. Its strategic goals are threefold: to be the “go-to” place for impact entrepreneurs, to make Hartford known as Impact City, and Connecticut the Social Enterprise state. reSET meets entrepreneurs wherever they are in their trajectory and aims to help them take their businesses to the next level.

The accelerator program has graduated 80 businesses to date. Recent participants have experienced success in advancing their businesses, including competitor acquisition, venture capital investment, and nationwide sales and recognition. 

Among the businesses are Almasuite, CareerPathMobile, Phood, Pelletric, Eureeka, Save America, and Genius Box. Kate Pipa, co-founder of Genius Box, which develops and sends science kits to elementary and middle-school age children, credits the Impact Accelerator with helping her business gain traction.

“reSET’s Impact Accelerator was a great stepping stone for getting introduced to and more involved in Connecticut’s startup scene.  Just being in reSET’s community allowed for access to workshops, mentors and service providers to answers questions and provide advice on different challenges that can come up when starting your business.”

Over the course of four weekend summits during the accelerator program, participants selected for the 2018 cohort will be connected to customers and industry-specific mentors. Up to 20 entrepreneurial teams will have access to:

• 20+ optional workshops covering a range of topics in business and social enterprise
• Numerous structured and unstructured opportunities to engage with investors and advisors
• 1-year reSET membership (includes access to co-working, programming and the on-site Entrepreneur-in-Residence)
• Exclusive discounts on business software packages and other resources

The accelerator will be free for accepted entrepreneurs and no equity will be taken from their operations. Graduates will also have an opportunity to compete for $20,000 in unrestricted funding at a culminating Venture Showcase in Spring 2018.

“As an entrepreneur myself, I have experienced the ups and downs of launching a new business,” said Jeremy Szechenyi, reSET’s Programs Manager. “Between reSET’s physical office and programs, we give entrepreneurs the resources and network that is critical to surviving and bringing their work to the next level.”

An information sessions will be held at reSET  (1429 Park Street, Hartford) on October 26 from 12:30-1:30pm, and November 15 from 5:30-6:30pm.  The sessions will be informal and meant to address prospective candidates questions.

reSET serves all entrepreneurs, but specializes in social enterprise ― impact driven business with a double or triple bottom line. In addition to providing co-working space, accelerator and mentoring programs, reSET aims to inspire innovation and community collaboration, and to support entrepreneurs in creating market-based solutions to community challenges.

Cybersecurity Remains Top Business Concern As Risks Mount; State Task Force Formed to Investigate

National Cybersecurity Awareness Month, marked annually in October, is sandwiched this year between one of the largest reported data breaches in history and the busiest online shopping period of the year. Now, the Connecticut Better Business Bureau says a new study shows small businesses are having difficulty calculating the cost versus risk of strengthening protection of their vital information.  And state and federal authorities have formed a new statewide task force to investigate cybersecurity crimes. The study, conducted by  the Council of Better Business Bureaus concludes that while most small businesses are aware of specific threats, the majority are at odds about how to prevent becoming a victim.

"Awareness of the potential and perceived cybersecurity threats is a crucial starting point," according to Connecticut Better Business Bureau spokesman Howard Schwartz. "The study shows that most small businesses are strengthening their data protection to some degree, however, it concludes they must place more emphasis on employee education to prevent cybercrime."

In an online survey of 1,100 businesses in North America, The State of Small Business Cybersecurity in North America finds 81 percent of small businesses use basic data protection tools such as antivirus software, and 75 percent protect their systems with firewalls. The downside is that the report reveals less than half of respondents concentrate on employee education, which is considered by the authors to be one of the most cost-effective prevention tools.

The most compelling reason for small businesses to take stronger cybersecurity measures, BBB points out, is because half of the study's respondents said they could not remain profitable for more than one month if their essential data was stolen.

Even though small businesses may be easier targets for determined cybercriminals, data breaches at the largest commercial, industrial and government networks yield information that is of much greater value because of stolen information's quantity and content, officials point out.  BBB urges businesses to train employees about data security protocols, because firewall and antivirus protection are not sufficient if your employees don't know how to detect and steer clear of suspicious online activity.

The Connecticut Business and Industry Association (CBIA) points out that “getting hacked can destroy customers’ trust and cost companies millions of dollars in legal fees, investigations, damage control, and lost income,” adding that “too many companies underestimate this threat or simply don’t know how to protect themselves until its too late.”

CBIA is holding free webinars for CBIA member companies this fall, with sessions upcoming on Oct. 25, Nov. 15 and Dec. 15.

The State Director of the Connecticut Small Business Development Center, Emily Carter, points out that for many small business owners, cybersecurity doesn't extend beyond using antivirus protection.  "It's something they think is only a threat for large corporations and big brands, but that's inaccurate," she explained.  SBDC recommends that small businesses train employees on best practices upon hiring and regularly provide training on cybersecurity.  SBDC has developed a workbook that lists resources that small business owners can access for free training, and a step-by-step guide to create a cybersecurity plan for their business.

“One of the most important things an employer can do for their business in the fight against cyber terrorism is to educate their employees," said Lynn Souza,  CEO of KyberSecure, with Connecticut offices in Fairfield and Rocky Hill.  "Cybersecurity is the responsibility of everyone, and end users are the gate keeper.  Teach them how to spot fraudulent emails, remind them weekly to be vigilant, and post cybersecurity information in public spaces.  Warren Buffet was quoted as saying ‘It takes 20 years to build a reputation and 5 minutes to ruin it.  If you think about that you’ll do things differently.’  However I like to change that just a bit and say ‘It takes 20 years to build a reputation and one click to ruin it. If you think about that you’ll do things differently.'  Teach your employees to always ask before clicking on anything and empower them with the tools and training they need to help protect your business,” Souza added.

Last July, Gov. Malloy announced a cybersecurity strategy for the state that included business among other sectors, and this week United States Attorney Deirdre M. Daly and representatives of federal, state and local law enforcement announced the formation of the Connecticut Cyber Task Force to investigate complex crimes in cyberspace.  The state strategy indicated "person, agency,organization and business in Connecticut faces some degree of vulnerability. You are affected whether you are a major corporation or the convenience store down the block."  It warned that "today’s firewall is tomorrow’s soft spot. Cyber risks are inherently complex and changing."   One of the key areas of focus for the Task Force is "to identify and disrupt criminal organizations that use computer intrusions to defraud companies of their money and information."

The Connecticut Cyber Task Force will be based at the FBI in New Haven. It includes representatives from the FBI, Drug Enforcement Administration, U.S. Secret Service, U.S. Postal Inspection Service, Homeland Security Investigations, Internal Revenue Service – Criminal Investigation, Defense Criminal Investigative Service, Connecticut State Police and 11 police departments from across the state, including the Bridgeport, Bristol, Fairfield, Greenwich, Hartford, New Canaan, New London, Norwalk, Stamford, Torrington and Westport Police Departments.

“The broad reach of cyber criminals can be felt almost every day in Connecticut,” said U.S. Attorney Deidre Daly.  “Day after day, we learn of companies, municipalities, educational institutions, hospitals, public utilities, nonprofits and citizens being targeted by bad actors.  These cyber criminals seek to disrupt our work, steal our intellectual property, compromise the personal or financial information of employees, customers and citizens through dedicated denial of service (DDOS) attacks, spear phishing campaigns, ransomware and malware attacks and other computer hacks or cyber intrusions.”

Adds Carter, "Cybersecurity is becoming a bigger and bigger issue, and it's not going anywhere."

Business owners can learn more about cybersecurity steps they can take through "5 Steps to Better Business Security" at bbb.org/cybersecurity. BBB also offers these tips to help protect personal and financial data while doing business and browsing online:

• Look for HTTP"S" - You will find it in your web browser's address bar. The "s" stands for secure and it will be accompanied by a padlock icon. That means the business is using technology to secure information between your digital devices and its website. Avoid using free wireless connections for shopping - Scammers can set up a fake wireless network with a legitimate-looking name in a coffee shop, restaurant, library, airport, hotel or anywhere else. Unless you verify the name of the establishment's real network, a hacker can burrow into your computer. Experts also recommend avoiding conducting any commerce or logging on to your accounts using a free public wireless network.
• Greeting cards can come at a high price - It's not unusual to receive an online greeting card at this time of year, but you can lessen the chances of downloading a virus if you confirm with senders that they emailed the card link to you. Clicking on a fake holiday card can cause big trouble and infect your computer.
• Educate your family - Explain why it is potentially dangerous to click on email or social media links or attachments, unless they are absolutely certain the sender is legitimate. Use the same caution on websites when clicking on hyperlinks or downloading files.
• Update and scan - Antivirus and firewall software do not provide sufficient protection unless you update it and scan your computer or smart device regularly.