After weeks of shuttered businesses in downtown communities across the state due to government actions aimed at limiting the spread of coronavirus across the state, a little noticed coalition launched at the start of this year’s legislative session may prove helpful in boosting the recovery of local businesses and municipalities.
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The U.S. Small Business Administration is now offering low-interest federal disaster loans for working capital to Connecticut small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). The action came just days after a formal request by Connecticut Governor Ned Lamont.
Read MoreMatthew Beaudoin, President & CEO of Mystic Knotwork in Mystic has been named the U.S. Small Business Administration’s 2020 Connecticut Small Business Person of the Year, SBA’s top award
Read MoreNew Britain-based Polamer Precision has been named one of North America’s best plants by a leading industry publication, earning a spot in the top three after being named a finalist in the annual competition last fall.
Read MoreWhat goes up must come down – and in some instances, down and out. That appears to be the situation regarding hotel occupancy in Connecticut during the past year. some coming, some going, and overall numbers barely above even.
Read MoreIn an analysis of the economic impact of immigrants in states across the country, Connecticut placed 10th, among the states where immigrants have had the greatest economic impact.
Read MoreThe prospects for hiring in the first quarter of 2020 in Connecticut are promising, according to a new survey of employers, with little overall change expected. The most upbeat expectations are in the Greater New Haven area.
Read MoreConnecticut does not have county government, unlike virtually every other state in the nation. The closest we come to regionalism – a word that has traditionally drawn ire in the Land of Steady Habits – are regional councils of government, designated in state statute but not county governments.
Read MoreThe Bridgeport/Stamford/Norwalk region is the nation’s 10th most unequal metro area by income, according to data highlighted by a national website, in a “snapshot of income inequality around the U.S.”
Read MoreThere’s a new strategy in town. Multiple towns, in fact. The Metro Hartford Metropolitan Region has revealed a strategy aimed at achieving inclusive economic growth and strengthening the region’s position in the global economy. The forward-looking strategy covers approximately one million people in 38 municipalities.
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