Join us for a brief presentation and then a walking tour of the village. We will gather for a reception provided by CEDAS and CT Main Street Center. Lite Bites & beverages will provide the backdrop for sharing our thoughts and ideas. Clcik here to learn more about and to register (required) for this event.

https://mailchi.mp/d3720e30903f/economic-development-week

Gov. Ned Lamont has signed into law a measure that incentivizes data center operators to locate their supercomputing facilities in Connecticut. The law, which goes into effect July 1, allows the operators of data centers built in Connecticut and who meet certain requirements to forgo state taxes on property, financial transactions and other state fees for 30 years after construction. Under the [...]

Connecticut will allow for weddings and other social events with up to 100 people indoors and up to 200 outdoors as of March 19, Gov. Ned Lamont said Tuesday. Lamont said he plans to announce Thursday a similar loosening of restrictions on attendance at sporting events and would continue to weigh further changes in the coming weeks. The measures announced [...]

The ultimate scope and scale of the COVID-19 pandemic’s impact on the commercial real estate market remains to be seen, but Connecticut is about to get some clues. More than 30 municipalities across the state, including Greater Hartford communities like Newington and Southington, have just completed their five-year property revaluations, a rebalancing of taxable property that effectively locks in who [...]

WASHINGTON – The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, re-opened the Paycheck Protection Program (PPP) loan portal today at 9 am ET. SBA is continuing its dedicated commitment to underserved small businesses and to addressing potential access to capital barriers by initially granting PPP access exclusively to community financial institutions (CFIs) that typically serve these [...]

Connecticut residents are starting new businesses at a record pace despite the pandemic’s economic impact, according to state economists. A total of 3,200 new business starts were recorded in November, according to data on the CTData platform and supplied by the Secretary of the State’s office. Subtracting the 1,155 business stops recorded, the state still showed a net of 2,045 [...]

Gov. Ned Lamont on Monday announced a new federally-funded grant program that will target $35 million to restaurants and bars, as well as food service, retail, lodging, entertainment and recreation businesses. Click here to read more.