Hartford Ranks #13 Among Best Metro Regions for STEM Professionals, Analysis Finds

A new analysis of the nation’s best metropolitan areas for workers in the STEM professions has Hartford ranked just outside the top 10 at number 13.  New Haven is ranked at number 55, Bridgeport/Stamford/Norwalk at number 80. The comparison of the 100 largest metropolitan areas in the country by financial services website WalletHub, included 20 key metrics, ranging from per-capita job openings for STEM (Science, Technology, Engineering, Math) graduates to annual median wage growth for STEM workers. 

According to the latest U.S. Bureau of Labor Statistics analysis, STEM — science, technology, engineering and math — professions grew at over twice the rate that non-STEM jobs did between 2009 and 2015, according to WalletHub. Most types of STEM jobs are expected to expand faster than all other occupations until 2024.

The top 10 in the new analysis were Seattle, Boston, Pittsburgh, Austin, San Francisco, Madison, Atlanta, Salt Lake City, Minneapolis and Cincinnati.  Just ahead of Hartford were San Diego and Columbus, and following Hartford in the rankings were Springfield and Worcester, MA.

While Hartford ranked 24th a year ago, the criteria were slightly revised for this year’s analysis.  WalletHub’s analyst explained that “An addition to this year's methodology is the presence of tech summer programs within a given metro area, which Hartford ranked well for. In these programs students start developing skills in coding, game development, robotics or design. Other new metrics that were added this year and contributed to Hartford's overall better ranking are utility patents and the number of tech meetups per capita."

In addition, “the unemployment rate in [metro] Hartford for adults with at least a bachelor's degree is the lowest in all the metropolitan areas analyzed, whereas last year, it was in the middle of the pack.”

The nearly two-dozen metrics were divided into three overall categories:  professional opportunities, STEM-friendliness and quality of life.  Hartford ranked tenth in quality of life category, 14th in professional opportunities, and 17th in STEM-friendliness, which included the quality of engineering universities, research & development spending and intensity, and mathematics performance.

The Quality of Life category included housing affordability, recreation and family friendliness, and singles friendliness.  The Professional Opportunities category included median wage, wage growth, STEM employment growth and job openings for STEM graduates.

Among the various individual metrics, the Bridgeport/Stamford/Norwalk metropolitan region ranked third nationally with among the highest annual median wage growth for STEM workers.  New Haven was eighth nationally in STEM-friendliness. The overall rankings for Bridgeport/Stamford/Norwalk and New Haven were relatively unchanged from a year ago.

 

Credit Union Branch Inside High School Encourages Financial Literacy

Getting banking business done – or being introduced to an array of personal financial services for the first time – has become easier than ever for students attending Rocky Hill High School.  That’s because they don’t even need to leave the confines of high school to visit a Nutmeg State Financial Credit Union branch – it’s just steps away from their school cafeteria. Credit union branches located inside high schools are not common.  In fact, this might be the first of its kind in Connecticut. The branch is a new step for the credit union and focuses on preparing students for their financial future. It features tablets, an ATM, and (coming soon) a self-service kiosk to be used by students and faculty for transactions such as account transfers, loan payments, and check and cash deposits or withdrawals.

Nutmeg State FCU President and CEO John Holt says his enthusiasm and the support from Rocky Hill High Schools administrators and teachers is matched by the student response.

“We want to give students first-hand knowledge and experience,” Holt explains, “to help them better understand banking and prepare them for smart decision-making in the future.”

The staff includes three Rocky Hill High School students who are specially trained not only in technology but in terminology, so they can pass along that combination of know-how and understanding to their peers. For many, understanding the differences between a credit union and a bank is an unexpected first lesson. And students are often intrigued by the credit union structure, including that it is a non-profit institution which allows them to become members (and therefore part owners of the credit union).

If the initial weeks are any indication, there is a receptive audience of students, very supportive teachers and administrators, and parents looking on approvingly from the sidelines. More than 100 accounts have been opened at the branch in the first few months of operation, and there have been many more conversations providing insight for high school students into the products and services a financial institution offers – plus some tips on how to manage money effectively.

“The need for financial literacy education has never been greater,” said Jeremy Race, President and CEO of Junior Achievement of Southwest New England, an organization with a strong classroom presence focused on financial education and entrepreneurship. “According to a recent Forbes article, 44% of Americans don’t have enough cash to cover a $400 emergency and 33% of adults have $0 saved for retirement.  This is staggering evidence that clearly demonstrates the critical need for young people to learn financial responsibility and financial ‘smarts’ at a young age.”

Because the technology is intuitive for most students, their transaction time can be used to talk about subjects they may be less familiar with – such as balancing a checkbook, how debit cards and account balances relate to each other, loans and interest rates, and what a credit score is all about.  Not the typical teen conversation, but Holt indicates that students have been quite interested in learning more.

“The younger generation has a passion for community,” Holt has observed, “and they see the practical value. This has really opened their eyes.”

Some of the lessons are already being integrated into the school’s business classes – which seem “real” with a financial institution’s branch office just down the hall.  The branch is open during lunch periods, study halls, and other times convenient to students, teachers and staff, without being a distraction from more traditional school curricula.

Outgoing Connecticut State Treasurer Denise L. Nappier, a longstanding proponent of financial literacy, has stressed that “Financial education is important during all stages of life, because economic opportunity can be a catalyst for change and enduring success,” adding that “information and training can help them build a better future.”

With the program off to a solid start, Holt said that Nutmeg State FCU would be interested in a similar initiative in another high school near one of their 11 credit union branches in Connecticut. They are headquartered in Rocky Hill, having been chartered in 1936. In addition to Rocky Hill, they’re located in Manchester, New Britain, Hartford, Glastonbury, West Hartford, Cromwell, Orange, Stratford, Milford and North Haven.

The Connecticut-based credit union also reaches out to local communities in other distinctive ways. In Milford and North Haven, they have added “DMV Express” services in conjunction with the state Department of Motor Vehicles, and three locations are within retail stores – the Walmart in Cromwell, and the ShopRite supermarkets in Stratford and Orange. To learn more about Nutmeg State Financial Credit Union, visit www.nutmegstatefcu.org.

Photos:  (Top right) - Rocky Hill High School Student Alisha Chhabra conveniently accesses the new Nutmeg State Financial Credit Union branch at her school.  (Midde left) - Rocky Hill High School recently celebrated the opening of its first on-site Nutmeg State Financial Credit Union branch. From left: Chuck Zettergren Assistant Superintendent, Dr. Mark Zito Superintendent, Mike Petti Vice Chairman, John Holt President & CEO, Ben Lukens Student, Alisha Chhabra Student, Michael Patano Student, Muhammed Bilal Student, Cynthia Latina Business Education Teacher, Timothy Bifolck Business Education Teacher, Mario Almeida Principal. (Bottom right) Nutmeg State FCU President and CEO John Holt.

Co-Working Headed to Sacred Heart University in Alliance with Verizon, Alley

Co-working in Connecticut will be gaining another player in the field, with a distinctive twist.  Sacred Heart University in Fairfield will be the site, as the university signs an agreement with Verizon and Alley, for the creation, management and operation of a coworking space on the university’s West Campus in Fairfield, formerly the corporate headquarters for General Electric. This new partnership, called Alley powered by Verizon, will be the first in Connecticut and the first time “Alley powered by Verizon” is located on a college campus. Verizon and Alley together have successfully built innovation hubs in New York, Cambridge, and Washington.  Locations in Palo Alto and Los Angeles were announced in September, described as “the next phase of its business that will fuel local innovation and entrepreneurship on the West Coast.”

“Fairfield County has several corporations and businesses that stand to benefit from the work that will be done here, not to mention its ideal location between New York City and Boston. We’re helping to create a startup mindset and environment that will provide members much-needed access to corporate resources typically unavailable to small businesses, from key relationship introductions to cutting-edge technology,” said Jason Saltzman, CEO of Alley.

Work on the new innovation coworking space is expected to be completed with the space open for business late next year.  It is slated to be a hub for innovation teams from large and small companies; for entrepreneurs who want to test their ideas, grow their businesses and work collaboratively in a supportive environment; and for individual professionals who want to work in a dynamic office environment, according to officials.

“A robust commitment to innovation is in keeping with the University’s dedication to educating our students on technology, emerging trends and entrepreneurship. This is exactly the kind of innovative and entrepreneurial platform that Connecticut desperately needs, and we’re delighted to be hosting it on our campus, working collaboratively with Verizon and Alley,” said SHU President John J. Petillo.

A dedicated SHU project coordinator will help identify, activate and create engagement between the innovation community and SHU’s faculty, staff, administration and student body.  As part of this venture, Alley will oversee marketing and advertising to develop a vibrant community of members, manage member experience and help coordinate events and programs. SHU also will establish a Student Concierge Service that members can use as a resource for making connections with various University programs, internships, recruiting, events, speaker sessions, office hours and mentoring.

The new center at Sacred Heart University will further Verizon’s commitment to cultivate strong relationships with academic institutions with emerging technology curricula, officials stressed.  The coworking spaces allow Verizon to tap into local startup and innovation networks, build relationships with potential partners and open new doors for ideas and technology. With Verizon, Alley is bridging the gap between startup and corporation by helping the community workspace build next-level ecosystems for entrepreneurs. Verizon provides entrepreneurs and start-up companies working on new products with the technology and services they need for growth.

As with other coworking spaces that have increasing taken root across Connecticut, the space is expected to offer various levels of memberships and services that include private office space, hot desks, meeting and conference room space, events, recruiting services, marketing services and programming services. The community also plans to draw on SHU faculty, staff, students and other resources to build an academic-focused environment that attracts local startups, entrepreneurs, corporations and other forward-thinking organizations and individuals.

“This is a major boost to Fairfield’s economic development efforts to bring more jobs and businesses to our town,” said Fairfield First Selectman Mike Tetreau. “I am very excited about this Sacred Heart University initiative as it certainly goes a long way to helping replace the loss of GE in our community.”

 

New Tax Credit of $500 Annually for 5 Years Offered to STEM Graduates Working in CT

Passed by the state legislature over a year ago as part of the 2017 state budget compromise, a new tax credit aimed at keeping college graduates in the technology fields in Connecticut – and attracting young professionals to the state - becomes effective this year. It is a “refundable personal income tax credit for college graduates who are employed in the state; receive, on or after January 1, 2019, a bachelor’s, master’s, or doctoral degree in a science, technology, engineering, or math (STEM) field; and live in Connecticut or move here within two years after graduating.”  The credit is $500 and may be claimed in each of the five years after graduation.

The initiative is new to Connecticut, but not New England.  Maine has had a similar initiative for a decade, Rhode Island for more than a year.

The tax credit approved in Connecticut was advocated by House Speaker Joe Aresimowicz. Testifying at the State Capitol in support of the proposal in March, 2017, the president of the Connecticut Conference of Independent Colleges, Jennifer Widness, pointed out that “projections included in our state’s Strategic Master Plan for Higher Education indicate that by 2025 Connecticut’s economy will require a workforce in which 70% will have some education beyond high school. Hitting that 70% target will require production of 300,000 more graduates than the current rates of production will yield.”

In his testimony supporting the proposal in 2017, State Rep. Christopher Rosario of Bridgeport noted that “This is not a new concept. Over the years, we tried to find ways to provide incentives for our constituents to not only pursue higher education, but to continue to live and work in our state.”  Added Milford State Rep. Kim Rose: “This is a way to not only encourage student success in our state, but also attract creative new ideas that add to our economy. Student success is Connecticut’s success, they are the future of tomorrow.”

The program in Maine is broader, and was started in 2008 as a retention tool for young professionals already living in Maine, CNN reported recently. It has been revised through the years into a tool to attract young workers in the STEM fields. The Opportunity Maine Tax Credit reimburses student loan payments for college graduates who live and work in Maine.

The state’s website declares” “The State of Maine recognizes the investment you've made in your education, and has puts its money where its mouth is – come here to live and work, and the State will reimburse your student loan payments via the Opportunity Maine Tax Credit.”

When you move to Maine, CNN reported, the money you spend toward paying your student loan debt each year is subtracted from your state income taxes.  For instance, if you pay $1,800 toward your loan and owe the state $2,000 in taxes, you’ll only end up paying Maine $200.

Rhode Island reopened their Wavemaker Fellowship Program last year. The program offers tax credits for taxpayers who work in a science, technology, engineering or mathematics (STEM) field at a Rhode Island-based employer. The credit is equal to the taxpayer’s annual loan payments -- up to $1,000 for an associate degree, $4,000 for a bachelor degree, and $6,000 for a master’s degree or higher. Taxpayers may use the credit to pay their state income tax, receive a refund of the credit amount, or both.

 

 

Hartford Surges into Top 50 Cities to Start a Business

Hartford is surging.  So says Inc. magazine, in the latest ranking of the leading “Surge Cities” in the U.S. – the 50 Best Places in America for Starting a Business.  Of Hartford, which ranked number 46, the publication said “Hartford gets its groove back by doubling down on manufacturing--and social impact startups.” Hartford ranked just ahead of Memphis, Cleveland, Virginia Beach and Buffalo in rounding out the top 50.  Leading the list were Austin, Salt Lake City, Raleigh, Nashville, San Francisco, San Jose, San Diego, Denver, Orlando and Portland.

Inc. pointed out that “Despite years of state budgetary woes, the Hartford area is on an upswing--thanks, in part, to a rebound in manufacturing. Aerospace company Pratt & Whitney can't keep up with jet engine orders, and Otis Elevator does over $12.3 billion in net sales.”  They went on to highlight what’s new: “Pioneering accelerator ReSet, which has a social impact focus, has graduated 100 area companies over the past five years. Toolmaker Stanley Black & Decker recently launched a manufacturing accelerator with Techstars. And Hartford--the ‘insurance capital of the world’--was named one of the state's four Innovations Places, making it eligible for $2 million in matching funds, part of which it's putting toward an accelerator aimed at insurance startups.”

Among the criteria in the analysis, and Hartford’s ranking:  rate of entrepreneurship (38), high-growth company density (48), net business creation (35), early-stage funding deals (35) and wage growth (21).

Elsewhere in New England, Boston ranked number 15; Providence was number 44.

 

Ratepayers, Businesses, and Environmental Advocates Seek to Reverse Decision on Ratepayer Fund Raids

Attorneys for ratepayers, efficiency businesses and environmental organizations have filed an appeal in the U.S. Court of Appeals for the Second Circuit in New York , asking the appellate court to reverse an October 25 U.S. District Court decision that denied plaintiffs a remedy in their lawsuit to force the State of Connecticut to restore $145 million in ratepayer dollars intended to save families money on energy bills and reduce climate pollution. The original lawsuit, filed in May, was filed to stop the state legislature’s 2017 sweep of Connecticut’s energy efficiency and clean energy funds, and to prevent future diversions of ratepayer funds. The original complaint argued that diverting ratepayer funding to plug a budget deficit instead of using the dedicated funds for its intended purpose violates the Contract Clause and Equal Protection Clause of the United States Constitution and functions as an illegal tax on tax-exempt organizations like churches and nonprofits.

“We are pursuing the case to fix the damage the raids have done to Connecticut families and businesses,” said Roger Reynolds, chief legal director at Connecticut Fund for the Environment. “Residents trusted that their ratepayer dollars would go where their electric bills said they would—towards energy efficiency and clean energy programs that save money and cut climate pollution. Instead those hard-earned dollars were used to plug a hole in the state budget. We believe the appellate court will see that the state’s action violated federal contract and tax law, and ask them to correct that mistake to put Connecticut back on the path to a healthier energy future and a stronger economy.”

Judge Janet C. Hall at the U.S. District Court in New Haven ruled in October that the state’s 2017 budget that swept ratepayer funds did not impair contracts between ratepayers and their electric distribution companies because neither utility tariffs nor state law ever promised ratepayers that their dollars would not be transferred to the General Fund for unrelated purposes.

The organizations filing the suit pointed out that when the General Assembly found itself facing a deficit in fall 2017, they passed a budget instructing the state to “sweep” and divert the energy efficiency and clean energy funds to the general fund. However, these funds are not government property, they stressed,  and were not raised through state taxes but were paid by ratepayers to utilities for specific services. Therefore, "seizing these funds amounts to taking ratepayer funds that were paid for another purpose."

As a result of the "raids", the filers of the lawsuit pointed out that "12,900 homes will not receive energy assessments, weatherization upgrades, reduced pricing on insulation, or associated energy bill savings. Furthermore, 5,600 of these are low income households that often require additional financial assistance to close the energy affordability gap.  The award-winning Connecticut Green Bank leverages $6 in private investment for every $1 of renewable energy funding. Yet these sweeps resulted in a 53% reduction in this program’s budget, requiring layoffs and project cancellations."

This case raises an important legal issue relevant beyond Connecticut, according to environment groups,  because it is the first time ratepayers argued in court that when they pay their utility bills with surcharges dedicated for specific programs or services—such as energy efficiency and renewable energy—enforceable contracts arise that cannot be invaded by any state.

"Connecticut’s leaders broke the trust of their constituents when they turned electric ratepayer dollars into an illegal tax,” said lead plaintiff Leticia Colon de Mejias, chair of Efficiency For All (EFA) and founder. “Even in these difficult times, it is obvious that stealing ratepayer funds intended to help Connecticut residents and businesses reduce energy waste, save money on energy bills, and access clean resources is a bad choice."

“Sierra Club Connecticut supports this legal appeal by Connecticut Fund for the Environment and allies, and the advocacy of groups including Efficiency for All, to restore the misappropriated energy efficiency monies that our General Assembly voted to take away and use as a stop gap for our budget woes" said Martha Klein, chair, Sierra Club Connecticut. "It was a myopic mistake, as these funds have been proven to create jobs, make revenue for the state, and reduce climate-destroying greenhouse gas emissions. This type of fund raiding hurts all of us in the long run. That money was taken from ratepayers specifically to improve the efficiency of our whole state, which would save all of us money on energy costs, and improve our health and climate.”

When the initial suit was filed against the state back in May, Governor Malloy  issued a statement that, rather than defending the state action, seemed to take the opposite view:

"This should come as a surprise to no one. I have long maintained that these shortsighted sweeps would increase energy costs for consumers and businesses and cause untold harm to our green energy economy. [W]e should be cementing our role as a national leader in our efforts to combat climate change and protect our communities. The energy sweeps . . . represented a massive step backwards, and I continue to strongly oppose them," Malloy said.

Next Wave of Insurtech Startups Prepare to Descend on Hartford

Will insurance be as much the story of Hartford’s future as it was in the Insurance City’s past?  It is a distinct possibility if the combination of a strong insurance pedigree and receptivity to technological innovation come together as the organizers of the Hartford InsurTech Hub hope. Early next year, the city will witness the arrival of the next wave, as 10 startups arrive to participate in three months of activity, powered by Startupbootcamp, as part of the 2019 cohort for its acceleration program, hosted at Upward Hartford downtown.

Hartford InsurTech Hub is an initiative established in 2017 by Hartford insurance companies, the City of Hartford, and CTNext. The initiative is focused on addressing the need to attract new technologies and talent in insurance and technology into Hartford and the local ecosystem. Selected from more than 230 applications, each startup will relocate to Hartford for the start of the program in February and will remain for its three-month duration.

The chosen startups cover a wide range of abilities, from property insurance claims to peer-to-peer (P2P) insurance, and exhibit a variety of technologies and insurance types. Participating startup companies will receive support, resources, and industry and investor connections to help grow their businesses. With support from Startupbootcamp, the teams will be provided with access to an extensive range of partners, mentors, and investors from across the accelerator’s global network.

The 10 startups that will join the second year of the Hartford InsurTech Hub acceleration program will work closely with Hartford InsurTech Hub’s insurance corporate partners: Aetna, Capgemini, Cigna, Clyde & Co., Deloitte, The Hartford, Travelers, USAA, White Mountains and CTNext.

Sabine VanderLinden, CEO at Startupbootcamp InsurTech, explained that “The insurance industry is continuously evolving and technology is having a huge impact. InsurTech of the past has been about enhancing retail-based offerings with improved customer engagement. InsurTech of today is focused on business model innovation and reconfiguring value chains—something we are committed to developing in Hartford.”

The startups include:

  • Pineapple: Pineapple offers a fair, transparent, and affinity based P2P insurance and they’re coming to Hartford from South Africa.
  • handdii: Coming from Australia, handdii is a digital platform that automates the property insurance claim process from FNOL through to claim finalization.
  • Dream Payments: Dream Payments is a Fintech startup from Canada that powers digital and mobile payment services for business customers.
  • Pitch Gauge: Pitch Gauge, from Georgia, is a roofing estimating application using mobile devices to do property inspections.
  • Medyear: From New York, Medyear is a social network for healthcare collaboration. They connect consumers to over 190 health systems and 700k doctors for real-time chat, secure email, microblogging, and personal health records.
  • SkyWatch: SkyWatch is a licensed insurance broker in all 50 US states offering a holistic software solution for on-demand risk-aware solutions for connected, moving platforms. They’re originally from California.
  • Talem Health Analytics: Coming from Canada, Talem Health Analytics provides data driven insights on bodily injury claims cost.
  • See Your Box: See Your Box provides Industrial IoT tools to digitize supply chains. SYB is a tech-service platform that collects, analyses and extracts information related to goods across all steps of the supply chain and is coming to Hartford from Switzerland.
  • ClaimSpace: Coming from Australia, ClaimSpace is a platform that bridges the communication gap between customers, insurers and stakeholders during the claims process.
  • CareValidate: Powered by a life-saving light bulb called SafeLight, CareValidate provides health, safety, and quality of care telematics to transform workers’ compensation, senior living, long-term care, life, and health insurance products with plug-and-play insurtech solutions. They’re originally from Georgia.

VanderLinden added: “We have built strong foundations over the last 18 months and we’re on the way to transforming the city of Hartford into the InsurTech capital of the United States. There’s still much to do and I am therefore delighted to be welcoming some truly inspiring teams into the next program in Hartford to continue this transformation.”

The insurance industry employs just over  60,000 people in Connecticut, up 2.6 percent from last year, according to PwC’s 2018 Connecticut insurance market brief, released earlier this month.  The second Insurtech class of startups hopes to grow that number.  Some of the participants in the inaugural class a year ago are still in town, planting roots and Hartford and growing rapidly.

Hartford InsurTech Hub is part of Startupbootcamp, the award-winning global network of industry-focused accelerator programs that help startups gain access to relevant mentors, partners, and investors in their industries.

 

Top Companies Profiting from War: Two Have Major CT Presence

An analysis to determine the top 20 companies across the globe that are “profiting the most from war,” finds two with Connecticut connections. Virginia’s General Dynamics, parent company of Groton-based Electric Boat is ranked at #6 and Farmington-headquartered United Technologies is at #11. In its analysis, the website 24/7 Wall St. indicated that “global military spending increased by 3.9% in 2017, according to the Stockholm International Peace Research Institute. The global rise was driven partially by a $9.6 billion hike in U.S. spending — the United States is the world’s largest defense spender by a wide margin. What growing arms investments will mean for the future of international peace is unclear. What is clear is that defense companies around the world are benefitting tremendously.”

The analysis also found that:

  • Total arms sales among the world’s 100 largest defense contractors topped $398 billion in 2017 after climbing for the third consecutive years.
  • Russia became the second largest arms-producing country this year, overtaking the United Kingdom for the first time since 2002.
  • The United States is home to half of the world’s 10 largest defense contractors, and American companies account for 57% of total arms sales of the world’s 100 largest defense contractors (based on SIPRI data).

Leading the list was Maryland-based Lockheed Martin, the largest defense contractor in the world, with $44.9 billion in arms sales.  Rounding out the top five were Boeing, Raytheon, BAE Systems, and Northrup Grumman.

For United Technologies, the analysis indicated arms sales of $7.8 billion, total sales of $59.8 billion, and profit of $4.9 billion, led by its subsidiary brands Collins Aerospace and Pratt & Whitney.  Collins Aerospace designs and sells advanced systems for military helicopters, including rescue hoists, autopilot systems, and laser guided weapon warning systems, the report noted. Pratt & Whitney designs and manufactures engines currently in use by 34 militaries worldwide.

United Technologies recently announced plans to split into three independent companies. Plans are for company’s defense division to remain under the United Technologies name, as the Otis Elevator Company and Carrier breaking off as independent entities.

During 2017, General Dynamics – based in Falls Church, Virginia, - sold $19.5 billion worth of arms, the fifth most of any U.S. company and the sixth most of any company worldwide. In the past year, General Dynamics earned a $5.1 billion contract to design and develop a prototype of the Columbia-class submarine. Electric Boat was awarded a contract modification to continue development of the US Navy’s next-generation Columbia-class ballistic-missile submarine.

“In close collaboration with the navy and the submarine industrial base, Electric Boat will continue to lead key aspects of the Columbia-class development effort,” said General Dynamics Electric Boat president Jeffrey S Geiger.  “This work includes design, material procurement, construction and operating cost reduction. The entire Columbia-class team is committed to achieving an affordable and effective programme. Our nation’s security depends on it.”

 

Blockchain Gains a Foothold on Connecticut Campuses

Blockchain is soon to arrive on Connecticut’s college campuses, with new initiatives imminent at Southern Connecticut State University, University of Saint Joseph, and the University of Connecticut’s Stamford campus. A six-week boot camp for individuals who would like to widen their computer programming skills to include Blockchain – a cutting-edge form of encryption technology – has been developed at Southern Connecticut State University in New Haven.  The SCSU Blockchain Academy launches on January 23 and runs though March 6.

Blockchain refers to the technology behind the development of secure digital databases that are accessible to the public, but cannot be altered by anyone other than the person posting the data. It is a shared, distributed ledger that improves the process of tracking and recording a transaction.  Blockchain can be used for a variety of purposes, including financial transactions, supply chain management, luxury goods or anything of value. Bitcoin and other cryptocurrencies use this technology.

“Southern intends to become a leader in educating people about the ‘Internet of Value,’ which is the fastest growing market the world has ever seen,” said Colleen Bielitz, SCSU associate vice president for strategic initiatives and outreach. A promotional video posted by Southern (below) has already been seen more than one thousand times.

“Blockchain is going to be increasingly important to businesses, and during the next decade is expected to have a major impact on the economy and the world. The goal of this academy is to grow the community of decentralized application developers and to make New Haven a hub for Blockchain technology and innovation as companies look to take advantage of this growing market.”

The University of Saint Joseph (USJ) announced last week that it has developed the Greater Hartford area’s first two-part certification program for future blockchain technologist, in collaboration with DappDevs, which is also collaborating with Southern and UConn.

President Rhona Free, Ph.D., remarked, “With this certificate program, USJ continues its commitment to providing educational programs aligned to our regional economy. The Greater Hartford community will benefit from this newly-created training program that offers skill development and career advancement in blockchain application development.”

The USJ pre-certificate program geared toward faculty, current college students, and college graduates in the Greater Hartford region, begins on Feb. 2, 2019, and runs over four weeks as one three-hour evening session per week. The full certification program is a six-week session that runs from March 5-April 11, as two three-hour sessions per week.

UConn’s Connecticut Information Technology Institute (CITI) is sponsoring the creation of a blockchain chapter in Stamford in order to facilitate the development of an education-based micro community designed to connect decentralized application developers. This community, in hand with Stamford’s established financial enterprises, will play a key role in further establishing Connecticut as a USA crypto capital, according to the university’s website.  UConn is offering a two-day Blockchain Development course, with its partners, DappDevs and the Werth Institute.

UConn’s first-ever blockchain symposium was held in Stamford in August.  The conference drew top scholars and Ph.D. students Stanford, Princeton, Virginia Tech, and from 10 nations, including England, Israel, Switzerland, China and Norway. State-run news agencies from Vietnam and China also covered the two-day event, called “Blockchain Technology & Organizations Research Symposium.”

These initiatives reflect that blockchain is increasingly taking academia by storm, not only in Connecticut but across the nation.  This past summer Columbia University and Stanford University both launched blockchain research centers, following in the footsteps of the Massachusetts Institute of Technology's Digital Currency Initiative, which launched as part of the MIT Media Lab in 2015; MIT was among the first institutions to create such a program, according to industry publication Inside Higher Ed.

The Center for Blockchain Research at Stanford University launched in June.  Miami University launches a course in blockchain technology for undergraduates in the Spring 2019 semester.  Montclair State University’s center for continuing and professional education recently spearheaded the launch of three professional blockchain certificates -- one covering the basics, one for developers and one focusing on applications of blockchain in the financial sector.

https://youtu.be/_8X_wr1tCNI

Progress Cited on Integrating Pedestrian, Bicyclist Safety Into State Transportation Projects

What comes next at the Department of Transportation was on the minds of more than 150 advocates and enthusiasts gathered for the Annual Meeting of Bike-Walk Connecticut  at Central Connecticut State University in New Britain this past weekend.  The fast-approaching close of the Malloy administration may also mean the end of the tenure of DOT Commissioner James Redeker, who has not only walked the walked, but rode the ride in “building and delivering a comprehensive pedestrian and bicycle program.” The accelerated change in attitude at DOT since Redeker took the helm in 2011 was evident in his being warmly introduced as a friend prior to his keynote address – not the adversary that previous vehicle-centric commissioners may have been.  He went on to highlight the department’s work on state projects, and in concert with municipalities, that is steadily transforming Connecticut into a more pedestrian and bike-friendly state.

Redeker’s presentation demonstrated why.  Among the highlights:

  • Connecticut has or will be constructing 97 miles of multi-use trails along side road construction or reconstruction through 2021, and 35 miles of sidewalks accompanying road construction.
  • A vendor-in-place resurfacing program has meant that 94 percent of roadways reconstructed have been restriped with wider shoulders, and roadway safety audits have been conducted on 145 miles of roadway and at 917 intersections.
  • Enhanced pedestrian signage and pavement markets at uncontrolled crosswalks have been included in 1200 locations on state roads, with an additional 1500 locations planned for local roads in 2019. In addition 133 locations are planned for upgraded pedestrian controls at signalized intersections by 2020.
  • 125 projects have been reviewed for Complete Streets design in 2017, with an additional 97 projects reviewed thus far in 2018. More than 80 Road Safety Audits have been conducted.

Driving the “absolutely amazing statistics” is a changed policy, Redeker said.  Now, supporting “safe access for all users by providing a comprehensive, integrated, connected multi-modal network of transportation options” is ingrained at DOT.  He noted that integrating trails is occurring regularly on major projects, with the goal of building a statewide trail system.

“Complete streets is now part of the DOT DNA,” Redeker explained.  Responding to some who question the lack of such plans as part of the agency’s manual, Redeker cited the statistics, adding, “look at us for outcomes, not manuals.”  The numbers – and the accomplishments - drew solid reviews in the room.

The agency’s Complete Streets program, established in 2014, established a new unit to review every project specifically for bicyclist and pedestrian needs, and requires project designers to evaluate and prepare a written assessment of pedestrian needs on every project.  A standing committee was also formed to guide and implement policy and practices, Redeker pointed out.

He noted that the changes are evident in large cities and small towns in Connecticut, from Hartford New Haven to Waterford and Washington.  He also highlighted the introduction of roundabouts in Connecticut communities, including Monroe, Seymour and Ellington, and Community Connectivity Grants that have funded 40 small-scale local projects totaling $12 million, with another 40 to be requested for upcoming State Bond Commission agendas, with an estimated cost of $13.4 million.

Upgrades in school warning signs include the replacement of traditional yellow signage with fluorescent yellow-green to enhance visibility was completed in 2015.  Pedestrian warning signs were replaced on state routes in 2017, and are on schedule to be upgraded on local routes in 2019 and include greater use of yield bars on pavement.

Upgrades in school wanting signs include the replacement of traditional yellow signage with fluorescent yellow-green to enhance visibility, and greater use of yield bars on pavement.  Signs were replaced on state routes in 2017, and are on schedule to be upgraded on local routes in 2019. 

Traffic signals are also being replaced along state roadways, with “pedestrian safety our number one concern,” Redeker stressed.  It is an extensive task.  Connecticut has more traffic signals that exceed 30 years old, more than any other New England state and the 10th highest volume in the U.S.

Mention of the state’s “Watch For Me” campaign drew extended applause – the comprehensive initiative seeks to alert the public to the presence of pedestrians and bicyclists, to underscore the importance of assuring safety and police enforcement.