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• 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.

• 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.

• 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.

• Gov. Malloy: Project Will Transform Vacant, but Historic, Factory Building into Affordable, Safe Housing in New Haven

  Governor Dannel P. Malloy today joined state Department of Housing (DOH) commissioner Evonne M. Klein, executives from Forest City Residential Development, New Haven Mayor John DeStefano, Jr. and other state and local officials to break ground on the construction of The Winchester Lofts, part of a two-phase $59.26 million project to turn the long-vacant, former Winchester Repeating Arms Co. factory into a mixed-use property with office space and housing units.

• Monday: Gov. Malloy Signs Legislation Encouraging the Increase of Connecticut Exports into Foreign Markets and Growth of Local Businesses

  On Monday afternoon, Governor Dannel P. Malloy will hold a bill signing ceremony at Test Logic, a small business located in Middletown, where he will sign legislation (Public Act 13-56) that allows the state to prioritize economic assistance to certain businesses that are pursuing global commerce and will help get more Connecticut products into foreign markets.

• Gov. Malloy: State To Support Cutting-Edge Biotech Startup

  Governor Dannel P. Malloy today announced $4.25 million in state support for Arvinas Inc., a New Haven-based biotechnology startup that is developing a new class of drugs to combat cancer and other diseases. Located in the city’s Science Park, Arvinas is founded on research licensed from Yale University and is in the process of hiring its first 25 employees.

• Gov. Malloy: Small Businesses Can Apply Online for Storm Sandy Disaster Relief

  Governor Dannel P. Malloy today announced small business owners impacted by Storm Sandy can now apply for federal relief funds online at the state’s CT Recovers website (ctrecovers.ct.gov).

• 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.

• Gov. Malloy: HomeServe USA to Expand and Create 130 Jobs in Norwalk

  Governor Dannel P. Malloy today announced that HomeServe USA Corp. is relocating its corporate headquarters to Norwalk.

• Gov. Malloy Issues Executive Order to Increase Transparency on Economic Development Incentives

  Governor Dannel P. Malloy, joined by State Comptroller Kevin Lembo and Department of Economic and Community Development (DECD) Commissioner Catherine Smith, today signed Executive Order (EO) No. 38 to make information regarding certain economic assistance and tax credits used to recruit or retain businesses more accessible to Connecticut residents.

• DECD Announces Selection of Three Finalist Teams Under the Connecticut Innovation Clusters Program

• Gov. Malloy Announces Business Assistance Program for Companies Affected by Hurricane Irene

  Governor Dannel P. Malloy and Department of Economic and Community Development (DECD) Commissioner Catherine Smith today announced a comprehensive business assistance program to help companies negatively impacted by Hurricane Irene.

• Gov. Malloy on Announcement of November Employment Figures for Connecticut

  Governor Dannel P. Malloy today said that the news that Connecticut’s unemployment rate has dropped to the lowest level since June 2009 is “encouraging,” but stressed that “more needs to be done in the mission to reinvent Connecticut and stimulate job growth.”

• Malloy Appoints State Representative Chris Caruso to a Position within DECD

  Governor-Elect Dan Malloy today announced that he has appointed State Representative Chris Caruso to a position within the Department of Economic and Community Development (DECD), where he will provide counsel to Governor-Elect Malloy on urban initiatives, housing and smart growth.

• Gov. Malloy Announces NBC Sports Group is Fourth "First Five"

  Governor Dannel P. Malloy today announced that NBC Sports Group will be the fourth company to take advantage of the “First Five” economic development program. NBCUniversal’s NBC Sports Group will consolidate much of its northeast operations, including its existing Connecticut workforce, at new studios and offices in the former Clairol factory in Stamford. The project, slated to start in September 2012, will create 450 jobs and allow room for the company to grow in the future.