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Gov. Malloy: Small Business Express Program Leading the Way to a Stronger Economy
Governor Dannel P. Malloy today announced that five small businesses from around the state are receiving assistance through the state's Small Business Express Program (EXP). To encourage business expansion and job growth, the program was part of the bipartisan Jobs Bill passed during last year's jobs special session.
Gov. Malloy: State's Small Business Express Program Has Big Impact on Connecticut Companies
Governor Dannel P. Malloy today announced five Connecticut small businesses from Berlin, Bridgeport, Bristol, New Haven, and Westport are receiving assistance through the state's Small Business Express Program (EXP).
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.
Governor Dannel P. Malloy, joined by Department of Energy and Environmental Protection (DEEP) Commissioner Daniel Esty, Department of Economic and Community Development (DECD) Commissioner Catherine Smith, and state leaders, today announced the formation of the Recycling Market Development Council to expand and strengthen Connecticut's efforts to recapture valuable materials that are in the waste stream.
Gov. Malloy: Investment in Precision Manufacturing Will Create Jobs
Governor Dannel P. Malloy today announced that the State Bond Commission voted to approve a $5 million loan to APS Technology, Inc. a global provider of high technology and services to the oil and gas drilling industry.
Gov. Malloy: PLANT Grants Already Helping Connecticut Farms Recover and Rebuild
Governor Dannel P. Malloy today announced that the state’s Production Loss Assistance Needed Today (PLANT) grant program is already helping Connecticut farm families recover from this year’s earlier storms and flooding that damaged crops, buildings and equipment.
Governor Dannel P. Malloy announced today at the MetroHartford Alliance's "Rising Star Breakfast" that the state Department of Economic and Community Development (DECD) and the Israel Tech Transfer Organization (ITTN) have entered into a Memorandum of Understanding (MoU), the first step in laying the foundation for better and more productive economic and research collaborations between Connecticut and Israeli businesses, research institutions and universities.
Gov. Malloy Tours East Hartford Lettuce Farm Recovering and Growing With Help From PLANT Grant
Governor Dannel P. Malloy today toured Connecticut Hydroponic Farm in East Hartford, which received a Production Loss Assistance Needed Today (PLANT) grant of over $79,000 to help recover from damage incurred as a result of February’s severe snowstorm.
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.
Gov. Malloy: State to Support Expansion of Wallingford Manufacturer
Governor Dannel P. Malloy today announced the state will provide BYK USA Inc. with $6 million to help the international additives company expand its Wallingford facility and add 37 employees within three years.
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.
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.
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.
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.
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