Press Room

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  • 7/15/2013 Gov. Malloy: Improving Connecticut’s Export Environment Will Strengthen Economy, Make State Globally Competitive

    Governor Dannel P. Malloy, joined by U.S. Commerce Department Acting Director of International Trade Ken Hyatt, Congresswoman Rosa DeLauro, Department of Economic and Community Development (DECD) Commissioner Catherine Smith, state and local officials, and representatives of the Connecticut Business and Industry Association (CBIA) today celebrated the passage of Public Act 13-56 – An Act Concerning Encouraging the Exportation of State Products and Services Through the Small Business Express Program.

  • 6/23/2013 Gov. Malloy Announces Emergency Assistance for State's Weather-Damaged Farms

    Governor Dannel P. Malloy today announced emergency assistance is available to the Connecticut farms that have suffered unrecoverable losses in production and property damage in 2013 due to severe weather events, including excessive precipitation this past month. A total of $5 million has been designated for these grants, with individual awards based on the number of qualifying applications received by the July 15, 2013, deadline.

  • 6/20/2013 Gov. Malloy: Wallingford's Z-Medica Growth Will Create Jobs, Expand Clinical Research

    Governor Dannel P. Malloy today announced a $1.7 million loan to assist Wallingford medical device manufacturer Z-Medica buy new equipment in support of the company's current expansion plans. Z-Medica makes and distributes sterile traumatic wound products that rapidly stop high volume blood loss.

  • 5/29/2013 Gov. Malloy: State Issues Action Plans for $82.5 Million in Federal Storm Sandy Recovery Funds

    Governor Dannel P. Malloy today announced that the state has released two action plans describing how a total of $82.5 million in federal relief funds will be expended to address the critical needs of Connecticut residents affected by Storm Sandy.

  • 5/13/2013 Gov. Malloy: State/Local Partnerships Restore Brownfield Sites for Economic Development

    Governor Dannel P. Malloy, joined by Department of Economic and Community Development (DECD) Commissioner Catherine Smith and other state and local officials, today announced that Bridgeport, Naugatuck, Newington, North Haven, Plainville, and Trumbull will receive a total of more than $6.5 million in grants and loans to clean up eight blighted brownfield sites.

  • 5/10/2013 Gov. Malloy: Cannondale Expands Operations, Establishes Wilton Headquarters

    Governor Dannel P. Malloy today announced that the State Bond Commission will consider a $3 million loan to assist Cannondale Sports Unlimited (CSU) establish a new headquarters and add 75 new jobs in Wilton. The company will handle marketing, research and development, and product design in approximately 50,000 square feet of leased space in Wilton's I-Park.

  • 5/1/2013 Gov. Malloy: NewOak Capital Establishes New Operations in Danbury

    Governor Dannel P. Malloy, joined by Department of Economic and Community Development (DECD) Commissioner Catherine Smith, and state and local officials, today announced that NewOak Capital, a financial services firm based in New York City, will establish NewOak Credit Services, LLC in Danbury. The expansion is expected to create up to 100 new jobs within three years.

  • 4/23/2013 Gov. Malloy: Company Expansions in Wethersfield and Sprague Will Create and Retain 274 Jobs in Five Years

    Governor Dannel P. Malloy today announced $5 million in loans to support the expansion of three Connecticut small businesses. The funding will help businesses in Wethersfield and Sprague expand operations, retain 156 jobs, and create 118 new jobs.

  • 4/17/2013 Gov. Malloy: $10 Million Awarded to Clean Up Brownfield Sites

    Governor Dannel P. Malloy, joined by Department of Economic and Community Development (DECD) Commissioner Catherine Smith, today announced that DECD awarded $10,507,339 in loans and grants to remediate nine brownfields located throughout the state. Clinton, Hartford, Middletown, New Haven, Vernon, Waterbury, and Watertown will use the funding to clean up the polluted properties and redevelop the sites for affordable housing and mixed use development.

  • 3/26/2013 Gov. Malloy Directs Additional Agencies to Implement Lean Processes that Create Further Efficiencies & Cost Savings

    Governor Dannel P. Malloy today announced that he has directed the commissioners of each remaining state agency to begin implementing specific project management processes that have already shown positive results in several state agencies and are designed to maximize customer value while minimizing waste, create efficiencies, and ultimately save taxpayer dollars.

  • 3/21/2013 Gov. Malloy: Small Business Program on Track to Create and Retain Thousands of Connecticut Jobs

    Governor Dannel P. Malloy, joined by Senate President Donald Williams, Speaker of the House Brendan Sharkey, and Department of Economic and Community Development (DECD) Commissioner Catherine Smith, held a ceremonial bill signing today for Public Act 13-2, An Act Making Manufacturing Assistance Act Funds Available for the Small Business Express Program. The legislation permits DECD to administer $60 million in funding under EXP guidelines rather than under the Manufacturing Assistance Act, where it was originally allocated.

  • 3/15/2013 Gov. Malloy: Navigators Group Moving Corporate Headquarters from NY to CT

    Governor Dannel P. Malloy today announced that The Navigators Group, Inc., an international specialty insurance holding company, will move its corporate headquarters and additional operations from New York to Stamford, Connecticut. The project is expected to create 200 jobs in the state within the next five years.

  • 3/6/2013 Gov. Malloy: Small Business Development Center Partners With Public, Private and Higher Education Institutions to Strengthen Small Businesses and Create Jobs

    Governor Dannel P. Malloy, joined by Small Business Administration (SBA) Associate Administrator for the Office of Capital Access Jeanne A. Hulit, Department of Economic and Community Development (DECD) Commissioner Catherine Smith, University of Connecticut Vice President of Economic Development Mary Holz–Clause, and Business Council of Fairfield County President and CEO Chris Bruhl, today launched the state’s newest economic development tool, the Small Business Development Center (SBDC).

  • 3/4/2013 Gov. Malloy: $29 Million Investment to Bolster Housing Efforts

    Governor Dannel P. Malloy today announced a state investment of more than $29 million in nine housing developments in Brookfield, Canaan, Hartford, New Haven, Vernon, and West Hartford.

  • 3/4/2013 Gov. Malloy: Economic Development Initiatives Help Small Businesses Create Jobs in Connecticut

    Governor Dannel P. Malloy and Department of Economic and Community Development (DECD) Commissioner Catherine Smith today visited four small businesses in Manchester, Meriden, New Haven, and Stamford that are participating in the state's Small Business Express Program (EXP). The program, administered by DECD, offers grants and matching loans to Connecticut companies with 100 or fewer employees.