Connecticut Has Nation's Highest Average Student Loan Debt, Analysis Shows

The average student debt in Connecticut is higher than any state in the nation, according to a new analysis.  The latest annual report from The Institute for College Access & Success (TICAS), a nonprofit and nonpartisan organization focused on making higher education more affordable, looked at the Class of 2017 broken down by the state in which they graduated college. The average student debt in Connecticut was $38,510, just ahead of Pennsylvania ($36,854), Rhode Island ($36,250), New Hampshire ($34,415), Delaware ($34,144), New Jersey ($32,247) and Massachusetts ($32.065).  On the other end of the scale are Utah ($18,838), New Mexico ($21,237) and Nevada ($22.064).

As the data reflects, the highest student debt is in states located in the Northeast. There are only two states from the Deep South where average debt tops $30,000, Alabama and Mississippi, and none are from the West Coast. States in the West produce graduates with average debt burdens of only $19-25,000, substantially less.

Nationally, about two in three graduating seniors had student loans. Their average debt was $28,650, about 1 percent higher than the Class of 2016. New graduates’ likelihood of having debt varied from 38 percent (Utah) to 74 percent.  In Connecticut, it is 57 percent.

In all but 8 states, 50 percent or more graduates are saddled with debt of some amount. New Hampshire, South Dakota and West Virginia are tied for having the greatest percentage of indebted graduates (74%). Utah takes first place as the most affordable where only 38 percent of students leave owing student loans.

Between 1996 and 2012, federal data on bachelor’s degree recipients show that the average debt of borrowers increased steadily, according to the study, at an average of 4 percent per year. It has edged higher only slightly in recent years.

(Infographic by howmuch.)

CT Office of Early Childhood Receives Global Recognition for Effective Communication

The Connecticut Office of Early Childhood (OEC) – a state agency that didn’t exist just over five years ago - has earned global recognition for success and innovation in serving the state’s youngest children and their families. The agency was chosen to receive the “Future of Feedback Award” at the annual Feedback Summit in Washington, D.C.   The award was presented last week to OEC Commissioner David Wilkinson for his agency’s efforts at effective listening to the people it serves and the nonprofit providers who serve them.

“The Office of Early Childhood is honored to be recognized for its efforts in communicating effectively with Connecticut’s families and providers, and for finding strategies to meet their needs,” said Commissioner Wilkinson. “The parents we serve and the community providers we support are the best experts in what they need to succeed, but too often they don’t have a seat at the table.  OEC is trying a new approach to put parents and our hardworking providers at the center of our policymaking.  We’re saying, ‘nothing we plan for you should be done without you.’’

"Connecticut’s Office of Early Childhood is pioneering innovative ways of both listening and acting.  OEC’s outreach to families – and frontline service providers – is creating conversations about what matters most, and what they can all do together," said Dennis Whittle, Co-Founder of Feedback Labs and GlobalGiving.

Feedback Labs, the organizer of the Summit, is a global network of over 400 leading aid, philanthropy, and governance organizations around the world.  Feedback Labs was conceived in 2013 and launched in connection with the Obama White House. Whittle also co-founded GlobalGiving, a leading marketplace connecting social, environmental, and economic development projects to individual and corporate donors. Since its inception GlobalGiving has facilitated $335 million in funding to over 20,000 projects in 170 countries.

Established in 2014 through a bipartisan effort of Gov. Dannel Malloy and the legislature, OEC oversees and funds Connecticut’s early childhood programming – including child care, pre-K, early intervention for children with developmental delays, and family support services for at risk families – components that once were housed in five disparate state agencies.

Among the 10 largest state agencies in Connecticut, OEC’s goal is to keep the state’s children safe, healthy, learning and thriving. Through its innovative feedback efforts, the agency is acting on evidence that engaging providers and parents in policymaking yields better results.  Officials said that the agency combined data from 1,700 family surveys, another survey shared with all providers in the state, and 400 community and provider meetings in order to build a draft plan to transform the ECE system in the state, which serves 200,000 children.

Wilkinson added that “An award like this is an encouraging validation of our efforts to listen to families and providers, and then do all we can to act on their advice.  We believe that by listening and responding, we will provide better, more effective services for Connecticut families with young children – and in so doing help create a brighter future for the state.”

"OEC’s approach contains key ingredients of more responsive, innovative, and effective government.  OEC’s leadership in asking for and responding to feedback has the potential to spread widely through the public sector,” Whittle added.

“Child care centers work hard every day for children,” Said Dr. Monette Ferguson, Executive Director of ABCD, Inc., a nonprofit operating several leading child care centers in and around Bridgeport. “Usually the state tells us what to do and by the time we share any concerns, it’s too late.  I am not used to a state agency asking what I think before it acts.  It’s good to feel heard and to see OEC acting on our advice.”

David Wilkinson was named Commissioner by Gov. Malloy in April 2017 to serve as the second Commissioner of the state’s Office of Early Childhood (OEC). He previously served as Director of the White House Office of Social Innovation and Civic Participation under President Barack Obama. While at the White House, Wilkinson worked closely with the Malloy Administration on signature early childhood efforts, including a first-of-its-kind initiative – scaling a program proven to reduce parental substance use and child welfare interaction – for which the administration has achieved national acclaim.  He has also served as an advisor to the Yale Child Study Center, a leading collaborator with the state and its early childhood service providers.

Christine Johnson-Staub is the Interim Director of Child Care and Early Education at CLASP, a 50-year-old national nonprofit based in Washington, D.C., that focuses on shaping policy to support families living in poverty. She said, “OEC’s approach to setting its policy direction was unique because not only did it build on input from the community and existing research and data, but it went back to a wide range of impacted people, including parents, providers and other stakeholders, to make sure they got it right.”

“Parents and child care providers know the challenges facing the early care system better than anyone but rarely does anyone from state government ask our opinion,” said Merrill Gay, Executive Director of the nonprofit Early Childhood Alliance, a state consortium of providers and advocates. “That's why it was so refreshing to have the Office of Early Childhood ask us: ‘What are the pain points?  How do we make this system work better for you?’  I'm really excited to see OEC now turning that agenda for improvement into concrete action to better serve children and families.”

The strategy of communicating successfully with a target audience, and then acting upon that communication, is known as a “feedback loop” – an approach widely studied and increasingly appreciated by thought leaders, initially gaining traction in international development, but seen to have powerful implications for advancing more responsive, cost-effective and impactful government services in the US. The 2018 Feedback Summit was attended by over 150 feedback pioneers and leaders from around the U.S. and the world.

“They speak. We listen. We make change. It’s about being responsive to the needs of the young children in our state and, of course, their parents and caregivers,” Wilkinson said.  To contact the Office of Early Childhood, visit www.ct.gov/oec or call (860) 500-4412.

UConn Adds Major in Arabic and Islamic Civilizations; Southern Expands Drone Applications to Academic Minor

If you’re wondering about the degree to which Connecticut universities are keeping up with world trends, the University of Connecticut and Southern Connecticut State University seem to indicate the answer is yes. UConn has approved a new major in Arabic and Islamic civilizations, developed to equip students with a working knowledge of the Arabic language, and allow them to explore classical Islamic civilizations, as well as the literature, culture, heritage, and intellectual life of the modern Arab world.

The program, housed in the Department of Literatures, Cultures, and Languages in the College of Liberal Arts and Sciences, stresses the many different aspects of the Arab world, and the different linguistic, cultural, and religious traditions that shaped it.

At Southern, a new interdisciplinary minor in Drone Applications has a decidedly journalistic flavor, but extends to provide a basis for careers utilizing the rapidly unfolding drone technology.

Approved by the UConn Board of Trustees this summer, the Arabic and Islamic civilizations major appeals to students who are studying in many other areas, including the sciences. Some students are native speakers of Arabic or have a Muslim background; others are not sure what it means to be “Arab” or to be “Muslim,” and so come to learn, according to program director and assistant professor of literatures, cultures, and languages Nicola Carpentieri, who spoke recently with UConn Today.

UConn is unusual in offering such a robust program in the language.  “The program is unique in the U.S. in that we delve so much into Arabic literature, poetics, and other cultural aspects such as music, science, art, and architecture,” Carpentieri noted. “That’s what sets it apart.”

“Students in our classes come from all majors, but they are curious and motivated students,” Carpentieri said. “They may have seen bad press about the Arab world. But they’re open-minded, and aware that simplistic divisions are fabrications. We want to shatter the binaries of East and West.”

Students in the program take courses in both classical Arabic, or the formal version of the language used in education and literature, and other dialects, like Media Arabic and Levantine Arabic. It’s especially useful to learn these types of “street language,” Carpentieri points out.

Unlike most other languages, Arabic gives its speakers access to many different nations and cultures, including Egypt, Lebanon, Morocco, Saudi Arabia, Tunisia, and others. In addition, students in the major will learn about the many influences that Muslim conquests had on the Europe we know today.

The Journalism Department at Southern now offers an interdisciplinary minor with the Geography Department in Drone Applications. Students study how drones (small unmanned aerial systems) are employed for geography, environmental sciences, journalism and other industries. This interdisciplinary minor prepares students with the fundamental knowledge, skills and experience in the technological, legal and ethical considerations and applications of drones in various fields.

The minor is aimed at students who are interested in learning about emerging drone technologies and how they can be applied to professional settings. It complements environmental sciences, geography, journalism and communication programs.

The 18-credit minor requires courses such as Basic Drone Technology, Drone Journalism, Introduction to GIS and Remote Sensing or Advanced Drone Journalism.

The coursework focuses on flying drones for the purposes of news gathering in both image and data applications and includes the legal, ethical, and safety requirements for flying drones and reviewing necessary requirements for getting licensed by the FAA.

The drone courses are taught by Assistant Professor of Journalism Vern Williams, who has more than two decades in news photography and served as photo director of the New Haven Register for 15 years, where he supervised the photographic and video coverage of the news. His teaching experience includes work at Southeastern Associated Press Managing Editors Association, University of South Carolina, and Cornell University.

CT's Rare Disease Report Card Reflects Good Grades, Not-so-Good Grades

Thanks to innovative new treatments, diseases that were once fatal are now being treated as chronic conditions. But these breakthrough treatments will be out of reach for many patients, according to the National Organization for Rare Diseases, because health plans are using deductibles and coinsurance to shift more of the cost of medication onto the patients who rely on those treatments. The national organization, which is headquartered in Danbury and Washington, DC, explains that taken together, those out-of-pocket costs are outpacing wages, and patients are left struggling. To assist patients who find themselves in this difficult situation, several states have passed legislation mandating a limit on out-of-pocket costs for medications. These limits can be applied in different forms, such as a per-drug cap or by mandating a copay-only structure in certain health plans.  Those are just some of the areas of particular interest to NORD, which advocates for patients – and their families – facing the challenges of rare diseases.

What is a rare disease? Any disease, disorder, illness or condition affecting fewer than 200,000 people in the United States is considered rare. It is estimated that 7,000 rare diseases exist, and fewer than 500 have FDA-approved treatments.  Patients with rare diseases are frequently misdiagnosed or undiagnosed. Currently, only 5 percent of rare diseases have treatments, NORD points out.

A majority of states are not measuring up on legislative solutions that reduce the burden of rare diseases affecting 30 million Americans, according to a new report released by the the NORD Rare Action Network® (NORD RAN). The 2018 “State Report Card” indicates that progress in several areas of health policy is slow, according to the report.

The third annual edition of the State Report Card rates states on the strength of policies including coverage of medical foods and newborn screening, prescription drug cost-sharing limits, policies supporting biosimilar prescriber communications, protections against step therapy protocols, and the establishment of rare disease advisory councils. New this year, according to NORD, the report also looks at Medicaid Waivers (including proposed work requirements, lifetime limits, drug formulary restrictions, and other proposed changes to benefits), storage and research consent for dried blood spot samples used in newborn screening, and state Right-to-Try laws.

Connecticut earned grades all across the scale - three A's and four B's, as well as three C's and two F's.   Overall, the report found nationally that:

• Fifteen states earned an F for failing to mandate adequate coverage of medical foods
• Thirty-six states earned an F for failing to enact prescription drug cost-sharing limits, despite third-party analysis showing these cause little to no impact on overall plan premiums for all beneficiaries
• Newborn screening has saved tens of thousands of lives, yet more than half of states fail to meet federal recommendations
• Fifteen states (including Connecticut) earned an A or B for protecting patients against step therapy, a procedure by which insurers (public or private) interfere with and delay appropriate care for patients that ultimately increases costs

“The intent with this report is to share valuable information that will enable advocates to affect change in their state,” said NORD Director of State Policy, Tim Boyd. “Our goal is to provide actionable steps for states that will improve people’s lives, so the report presents findings as well as tools for individuals to act on.”

Under the Affordable Care Act, many people with rare diseases can now access affordable health insurance. However, NORD officials point out, some insurance policies place orphan therapies on the so-called “specialty-tier” of a drug formulary. For drugs placed on this tier, enrollees often must meet cost sharing requirements that can be as much as 50% of the actual cost of the medication.

Later this month, NORD marks its 35^th anniversary with a Summit in Washington, DC.  A 501(c)(3) organization, NORD is a patient advocacy organization dedicated to individuals with rare diseases and the organizations that serve them.  NORD, along with its more than 280 patient organization members,  is committed to the identification, treatment, and cure of rare disorders through programs of education, advocacy, research, and patient services.

Manufacturing Day Highlights Changes for Next Generation of Workers

There are 25 Manufacturing Day events planned in Connecticut in 2018, with most taking place this week and many open to the public.  Manufacturers across the country and across Connecticut use MFG Day (October 5 this year) as “an opportunity to inspire and recruit the next generation of manufacturers,” according to organizers, with hundreds of students across the state expected to participate.  Nationwide, more than 2500 events are planned.  Manufacturing Day is observed annually on the first Friday in October.

• Manufacturing is responsible for $42 billion in economic activity annually, officials underscore.  Among the participants: Associated Spring in Bristol will offer a detailed tour of their plant on Friday midday, to include presentations on careers in manufacturing, to include apprenticeship programs, engineering, and the role of machinists.  Associated Spring is business of Barnes Group Inc.
• Chester-based CHAPCO, the Small Business Administration’s Connecticut and New England Manufacturer of the Year, will also be offering tours to the public on Thursday which will showcase the company’ s equipment, employees and overall capabilities.  The company has been providing metal fabrication, assembly, product development and engineering services since 1964.
• Marion Manufacturing Company, located in Cheshire, will offer visitors a “first-hand look at manufacturing in today’s high tech world.”  Marion Manufacturing, which began operations in 1946, was started as a progressive die stamper and remains that today, enjoying a worldwide customer base, company officials indicated.

State officials highlight a series of statistics to underscore manufacturing's importance to the state economy:

• 4,500 businesses and more than 160,000 employees
• Every dollar spent on manufacturing adds $1.35 in total economic activity
• Manufacturing generates 11% of Connecticut’s Gross State Product
• Connecticut manufacturers export $15B+ each year, representing 96% of the state’s exports.

Among the other businesses that will be providing the public with a glimpse of modern-day manufacturing are Dymotek in Ellington (October 5 Interactive tour), HoloKrome in Wallingford (October 5 facilities tour), Click Bond in Watertown (October 18 Open House), Mastercam in Tolland (October 5 tour to include explanations of environmental practices), and Fisher Unitech in East Hartford (October 30).

Organizers point out that Manufacturing Day - which began in 2012 - addresses common misperceptions about manufacturing by giving manufacturers an opportunity to open their doors and show, in a coordinated effort, what manufacturing is — and what it isn’t. By working together during and after MFG DAY, manufacturers will begin to address the skilled labor shortage they face, connect with future generations, take charge of the public image of manufacturing, and ensure the ongoing prosperity of the whole industry.

Manufacturing Day is produced by the National Association of Manufacturers (NAM) and the Manufacturing Institute. The NAM is the nation’s largest industrial trade association, representing small and large manufacturers in every industrial sector and in all 50 states.

The full list of participating manufacturers in Connecticut can be seen here.

https://youtu.be/jcUsrdTbZU0

Suicide Numbers Increasing; Efforts Intensify to Respond, Prevent

The Centers for Disease Control and Prevention (CDC) released a report this year that suicide rates nationally jumped by 25 percent since 1999, a finding that “shocked” even experts who believed the rate had been flat. Each year, more than 41,000 individuals die by suicide, leaving behind their friends and family members to navigate the tragedy of loss, according to the National Alliance on Mental Illness. Connecticut's rate, 9.7 deaths per 100,000, rose 20 percent during that time, and 49 states saw an increase, according to the CDC. Connecticut’s suicide rate, is ranked number 46 in the country.

Suicide is the 10th leading cause of death in the U.S. with one occurring on average every 13.3 minutes. September is National Suicide Prevention Month.

For every suicide, there are 30 people who made the attempt, Dr. James F. O'Dea, vice president of the Behavior Health Network of Hartford Healthcare, recently told the Meriden Record-Journal.  The U.S. Health Resources & Services Administration reports that “approximately 45% of suicide victims had contact with primary care providers within 1 month of suicide.”

“Connecticut suicide rates may have not have increased as much in comparison to other states, but isn’t the real question, ‘Why is it increasing at all?’” Luis Perez, president and CEO of Mental Health Connecticut, told The Hartford Courant earlier this year.

“It’s been well-researched that most people who die by suicide do so because they want the pain to stop — and they don’t see any other way,” Perez said. “Prevention is critical. Knowing the safe and right way to talk to someone who may have thoughts of suicide and letting people know they are not alone, that millions of people struggle with suicide ideation is key.”

According to the state Department of Public Health, approximately 31 percent of victims had a history of treatment for mental illness and 42 percent had previously attempted or thought about suicide or disclosed their intent to commit suicide. The CDC offers 5 steps to help someone at risk: 1. Ask. 2. Keep them safe. 3. Be there. 4. Help them connect. 5. Follow up.

The U.S. government’s anti-bullying website, stopbullying.com, points out that “many issues contribute to suicide risk, including depression, problems at home, and trauma history. Additionally, specific groups have an increased risk of suicide, including American Indian and Alaskan Native, Asian American, lesbian, gay, bisexual, and transgender youth.”  The site indicates that “this risk can be increased further when these kids are not supported by parents, peers, and schools. Bullying can make an unsupportive situation worse.”

Matt Riley, Chief Operating Officer of the Connecticut-based Jordan Porco Foundation, recently told WTNH-TV that suicide is the second leading cause of death for Americans ages 15 to 24. One in ten college students and one in five high school students consider suicide. Young people considering suicide are most likely to talk to peers, so the Jordan Porco Foundation focuses on peer-to-peer outreach and awareness, with a series of successful program initiatives on college campuses in Connecticut and across the country.

In recent years, a new student-driven primary prevention program was piloted to help high school students develop positive coping skills and enhance protective factors in preparation for life beyond high school. Schools and organizations participating included Manchester High School, Immaculate High School in Danbury, Enfield Public Schools, Capital Preparatory High School in Hartford, Institute of Living in Hartford, Jewish Family Services in West Hartford, Wilton High School, Boys & Girls Club of Bristol, and Guilford Youth & Family Services.

Numerous organizations across Connecticut offer Mental Health First Aid, an 8-hour training to teach participants how to help someone who is developing a mental health problem or experiencing a mental health crisis. The evidence behind the program demonstrates that it helps trainees identify, understand and respond to signs of mental illnesses and substance use disorders.  The course is often offered to participants free of charge.

https://youtu.be/TT_HLG5FkKA

https://youtu.be/jl87bmuCTdM

Read This: Finalists Announced for 2018 CT Book Awards

Connecticut Center for the Book, a Connecticut Humanities program, has announced the finalists for its 2018 Connecticut Book Awards. The awards recognize and honor authors and illustrators who have created the best books in or about our state in the past year.  A total of 140 books were submitted this year, up 28 percent over last year, as the returning awards program gains momentum. The annual awards returned last year after a multi-year hiatus, to solid reviews. Between three and five finalists have been selected in each of five categories: Fiction, Nonfiction, Poetry, Young Readers – Young Adult, and Young Readers – Juvenile. Five distinguished judges per category read each entry and reviewed works using rigorous criteria.

Winners will be announced at the 2018 Connecticut Book Awards ceremony on Sun., Oct. 14, from 2:00-3:00 p.m. at Staples High School in Westport.  Okey Ndibe, the 2017 Connecticut Book Award winner for nonfiction, will deliver the keynote speech. He has taught at Brown University, Connecticut College, Simon’s Rock College, Trinity College, and the University of Lagos (as a Fulbright scholar). He is the author of two novels, Arrows of Rain and Foreign Gods, Inc., and a memoir, Never Look An American In the Eye, for which he won the 2017 Connecticut Book Award for nonfiction.

A reception and book signing with this year’s winners, finalists, and Mr. Ndibe will immediately follow from 3:00-4:00; all finalists’ and winners’ books will be available for purchase.  Connecticut Humanities (CTH) is the state affiliate of the National Endowment for the Humanities and administers the Connecticut Center for the Book.  Established by Congress in 1977 to “stimulate public interest in books and reading,” the Center for the Book in the Library of Congress is a national force for reading and literacy promotion.

The finalists:

Fiction

• Abby Fabiaschi, of West Hartford, Conn., “I Liked My Life”
• Jane Green, of Westport, Conn., “The Sunshine Sisters”
• Georgia Hunter, of Rowayton, Conn., “We Were the Lucky Ones”
• Rene Denfeld, of Portland, Oregon, “The Child Finder”
• Courtney Maum, of Norfolk, Conn., “Touch”

Nonfiction

• Virginia DeJohn Anderson, of Boulder, Colo., “The Martyr and the Traitor – Nathan Hale, Moses Dunbar, and the American Revolution”
• Duo Dickinson, of Madison, Conn., and Steve Culpepper, of New Haven, Conn., “A Home Called New England”
• David Hays, of Chester, Conn., “Setting the Stage: What We Do, How We Do It, and Why”
• James C. Scott, of Durham, Conn., “Against the Grain: A Deep History of the Earliest States”

Poetry

• Gina Athena Ulysse, of Middletown, Conn., “Because When God is too Busy”
• Jose B. Gonzalez, of Quaker Hill, Conn., “When Love was Reels”
• John Surowiecki, of Amston, Conn., “Martha Playing Wiffle Ball in Her Wedding Dress”
• Charles Rafferty, of Sandy Hook, Conn., “The Smoke of Horses”

Young Readers – Young Adult

• Jake Burt, of Hamden, Conn., “Greetings from Witness Protection!”
• Karen Romano Young, of Bethel, Conn., “Whale Quest”
• Sarah Albee, of Watertown, Conn., “Poison”

Young Readers – Juvenile (includes authors and illustrators)

• Gigi Priebe, of New Canaan, Conn., “The Adventures of Henry Whiskers”
• Lauren Baratz-Logsted, of Danbury, Conn., “I Love You, Michael Collins”
• Susan Hood, of Southport, Conn., “Double Take! A New Look at Opposites”
• Deborah Freedman, of Hamden, Conn., “This House, Once”
• Andrea Wisnewski, of Storrs, Conn., “Trio, The Tale of a Three-legged Cat”

The awards ceremony and reception are open to the public, and conclude Saugatuck StoryFest, a three-day literary festival and writers’ conference. Tickets purchased online before Sept. 15 are $20; then $25 through Oct. 11. Tickets will also be available at the door for $30.

Fairfield University Seen as "Transformative" Institution, Analysis Shows

When Money magazine ranked the 727 “Best Colleges For Your Money,” 2018 edition, Fairfield University ranked number 160.  But when the focus narrowed to the nation’s “most transformative” schools, Fairfield rose into the top 10, landing at number seven. Fairfield’s ranking as among the most transformative institutions, which is “when a college helps students do far better than would be expected from their academic and economic backgrounds,” recognizes the institution’s commitment to holistic formation and places it as the highest ranking Jesuit university in that category, according to school officials.

In the “most transformative” category, the list is led by Massachusetts College of Pharmacy and Health Sciences (MCPHS) in Boston, Babson College in Wellesley, MA, Bentley University in Waltham, MA, San Jose State University, Mount Saint Mary’s University in Los Angeles, and Manhattan College. 

Money magazine indicates that Fairfield “stands out for its comparatively high graduation rate. The school admits students of all faiths, but the curriculum does require some religious studies for all of the roughly 4,000 undergrads.”

“Of the school's 44 majors, the most popular courses of study include accounting, business, marketing, and the social sciences. The university also places an emphasis on community service and social justice.”

According to the magazine, full price tuition is $65,900; the estimated price with the average grant is $41,400. More than 8 in 10 students with need receive grants.  Early career earnings are estimated at $57,100, and average student debt at graduation is $27,000.

Money’s annual “Best Colleges for Your Money” ranking places Fairfield among the Top 100 private universities in the country.

In the magazine’s overall rankings, Yale University was #15, University of Connecticut ranked #50, Wesleyan University was #111, Connecticut College placed at #245 and Quinnipiac University was #341 on the list of Best Colleges for Your Money.

CT's Blockchain Working Group Strives to Drive State Policy in Emerging Field

It was established in the final hours of the 2018 legislative session, and held its first meeting the following month, back in June.  Special Act 18-8 created Connecticut’s Blockchain Working Group, with little fanfare and less notice.  The objective:  make recommendations to the incoming 2019 legislature that will “help promote innovation and economic growth by reducing barriers to and expediting the expansion of the state's blockchain industry.” While the Task Force was getting started, another blockchain initiative was grabbing headlines.  Seven Stars Cloud announced in early  July that it was planning to purchase the former University of Connecticut campus in West Hartford to develop a $283 million financial technology hub that would attract more than 50 companies, along with a research institute and training center, with blockchain technology being the centerpiece.

Local zoning approvals are pending, and the state has agreed to loan the company $10 million for renovations to the 58-acre property, and to forgive the loan if the company employs 330 people there over five years. In late August, the company changed its name to Ideanomics.

The legislation calls for the leaders of the legislature’s Commerce Committee – Republicans and Democrats – to  jointly appoint and convene a working group to develop a master plan for fostering the expansion of the blockchain industry in the state and recommend policies and state investments to make Connecticut a leader in blockchain technology. It calls for the “master plan” to:

• Identify the economic growth and development opportunities presented by blockchain technology;
• assess the existing blockchain industry in the state;
• review workforce needs and academic programs required to build blockchain expertise across all relevant industries; and
• make legislative recommendations that will help promote innovation and economic growth by reducing barriers to and expediting the expansion of the state's blockchain industry.

A final report and recommendations is due on January 1, 2019.

The Working Group, which met initially on June 28 in Stamford, is chaired by Nick Kammerman of Westport-based Chateaux.  Members include David Noble (UConn Business School), Don Tirea (Checkmate Inc.), Jamil Hasan (Blockchain Consultant), Kevin Hart (Green Check Verified), Emily Goodman Binick (Blockchain Consultant), Margaret Feeney (Nat West Markets), Bryant Eisenbach (DappDevs), Spencer Curry (Trifecta Ecosystems), Philip Bradford (UConn Engineering School) and Stephen Ehrlich (Crypto Trading Technologies).  Legislators participating in the Working Group are Senators Joan Hartley and L. Scott Frantz and Representatives Caroline Simmons and Dave Yaccarino.  State Economic and Community Development Commissioner Catherine Smith serves as an ex-officio member.

Among the tax treatments the Working Group discussed preliminarily at the meeting, according to the  official Minutes,  were creating “tax incentives for companies that create blockchain products or use them who are currently in the state or coming to the state,” “changing laws to give blockchain industries access to banks in order to pay taxes,” and “figuring out how the state of Connecticut can implement a system to help blockchain/cryptocurrency companies and individuals pay taxes and fees.”

Testifying in support of the legislature this spring, Spencer Curry, CEO and co-founder of Trifecta Ecosystems, explained that “blockchain stands to revolutionize global industries by creating new revenue models and driving costs down on existing revenue models, automating processes with smart contracts, increasing traceability/visibility, and hardening security to malicious attackers.”

Supriyo B. Chatterjee of West Hartford noted that “blockchain has arrived in the Connecticut industries andwith it brings high-vbalue jobs that will contribute significantly to the Connecticut economy.” He pointed out that blockchain will have a “profound effect on the health sciences industry,” as well as the insurance industry and STEM jobs, and will “fundamentally change the distribution of goods and services worldwide.”

Curry went on to suggest that “supporting this technology will benefit Connecticut’s workforce through an infusion of excellent talent from around the world.  If the State does not embrace blockchain technology, it … will only hasten the corporate flight from our state.”  He said that “if the State chooses to empower companies exploring blockchain technologies, then a new wave of prosperity and success awaits these tried and true Connecticut industries,” such as insurance, advanced manufacturing, healthcare, financial, agriculture and military supply chain.

Commissioner Smith, one of the seven people to submit testimony on the bill, told the Commerce Committee at the March public hearing that the department lacks “the in-house expertise to conduct an informed analysis” of “all facets of blockchain technology.” The original version of the bill included $200,000 allocation for the Department of Economic and Community Development to conduct the study.  The Senate amendment eliminated the funding allocation.

Don Tirea of DappDevs indicated that a blockchain initiative that “incentivizes research and development for enterprises and startups, coupled with a highly skilled tech talent pipeline is a recipe for economic revitalization across Connecticut’s historic industries.  He added that embracing blockchain technology would create a “shift in our nation’s perspective of Connecticut’s ability to innovate”

Co-sponsors of the original legislation (Senate Bill 443), which was later amended in the Senate, included Senators Michael McLachlan, Heather Somers, Scott Frantz, and George Logan.  House co-sponsors included Caroline Simons, Michael Winkler, Livvy Floren, Laura Devlin and Linda Orange.

DataHaven to Launch Innovation Awards to Recognize Data-based Initiatives in CT

In conjunction with its 25th anniversary celebration this year, New Haven-based DataHaven has announced plan to launch the DataHaven Innovation Awards, which will be open to nominees from throughout the state. Winners will be selected in a number of education and community impact categories. Nomination will be accepted through October 1, and the award recipients will be announced at DataHaven’s 25th Anniversary Celebration on November 19, 2018. DataHaven is a non-profit organization with a history of public service to Greater New Haven and Connecticut. The organization’s mission is to improve quality of life by collecting, sharing, and interpreting public data for effective decision making.

“We are proud to highlight the creativity and ingenuity of those who employ data to make Connecticut a better place,” explained DataHaven Executive Director Mark Abraham. The awards will recognize organizations, groups and individuals who have demonstrated the ability to use data to improve the well-being of Connecticut communities.

The inaugural Data in Education Awards will recognize the outstanding use of data for projects developed within a classroom or educational setting. Nominations will be accepted in two categories, University and Graduate Level and K-12 Level.  Nominees can include teachers, students, school-based organizations, and non-profits working with youth.

The Data for Community Impact Awards will recognize the outstanding use of data to make a positive difference in one or more Connecticut communities. Nominations will be accepted in two categories: Large Organization, with more than 20 employees, and Small Organization, with less than 20 employees.  Nominees can include nonprofits, for-profits, funders, unincorporated groups, and municipal/state agencies.

Liberty Bank Foundation is underwriting the DataHaven Innovation Awards.

DataHaven maintains extensive economic, social, and health data, including information collected through the DataHaven Community Wellbeing Surveys in 2012 and 2015. DataHaven is a formal partner of the National Neighborhood Indicators Partnership of the Urban Institute in Washington, DC.

“We believe that data is a powerful force, uniting our state and helping make life better in Connecticut communities,” says Abraham. “Our statewide survey provides neighborhood-level data in key areas such as health, education, civic engagement and economic opportunity, so that programs and resources can be deployed to change lives for the better. Our goal is still to make life better for our neighbors.”

Presenting sponsors for the organization’s 25^th anniversary year are the City of New Haven, Yale University, Yale New Haven Health and The Community Foundation for Greater New Haven.  Nomination forms for the DataHaven Innovation Awards can be found at http://www.ctdatahaven.org/anniversary and are due by October 1, 2018.