Connecticut
Connecticut Gets Back In The Show
By the BF Employees
From the March/April 2002 Difficulty
Connecticut is again in enterprise. At the least, that’s what officers at AdvanceCT, the New Haven, CT-based non-profit enterprise advocacy group wish to make completely clear to any and all comers who would possibly love the Nutmeg State’s favorable location, extremely educated workforce and an increasingly-clear willingness on the state degree to work with new and present corporations.
“Our state has had a tricky go since across the monetary disaster in 2008,” stated Peter Denious, CEO of AdvanceCT. “We at the moment are two-plus years right into a turnaround that’s paying good-looking dividends for the state, bringing new companies and company headquarters right here in addition to serving to in-state corporations develop or select to remain.”
Denious, who stepped into his present place in September 2019 after a protracted profession in non-public fairness and enterprise capital, says the corporate’s practically two dozen staff performed a number one position in that turnaround. The group is funded partially by the state by contracts with the Connecticut Division of Financial Group Improvement and thru funding from the non-public sector, plus has the robust help of Gov. Ned Lamont. He famous that greater than 30 corporations, most with company headquarters within the state, are concerned with AdvanceCT.
The truth is, AdvanceCT’s board of administrators reads like a Who’s Who of high company executives within the state. They embrace the CEO or presidents of such corporations as Infosys, Black & Decker, Otis Worldwide, Philip Morris Worldwide and Constitution Communications. Margaret Keane, the manager chair of the board of administrators at Synchrony, and Jeffrey Sonnenfeld, senior affiliate dean, management research at Yale College College of Administration, are co-chairs of the AdvanceCT board. Donald Kendall, principal at New Fork Capital, is vice chair.
“We’re fairly happy with the truth that so many senior company executives have signed on to our workforce and are serving to us to attract extra curiosity to the state. Their expertise and networks have been extraordinarily useful,” Denious stated.
Connecticut actually appears to wish the assistance. Lengthy seen as one of many wealthiest and most educated states within the nation, over the past 20 years the state has developed a status for prime taxes and intense laws that has damage its standing amongst companies seeking to relocate or develop. Lately, the state took it on the chin when plenty of high-profile banks and Wall Avenue corporations, who had moved to the state only a few years earlier, determined to relocate again to close by New York Metropolis. The departure of high-profile Common Electrical, which was headquartered in Fairfield, for Boston, additionally didn’t assist.
Nonetheless, lately issues began turning round and a number of other massive gamers determined to name Connecticut dwelling. Final yr, for instance, Philip Morris moved its headquarters from New York Metropolis to the Stamford space, turning into the fifteenth Fortune 500 firm situated within the state. Fortune 1,000 firm ITT Inc. and Digital Foreign money Group are additionally shifting their headquarters, and bringing 350-plus jobs, to Stamford. Equally, GE Home equipment situated an innovation heart and micro-manufacturing operation within the state.
With a inhabitants of about 3.55 million individuals, Connecticut is dwelling to the second most Fortune 500 corporations per capita.
Denious stated that AdvanceCT is taking part in an enormous position in publicizing the state’s many benefits. “We notice that we’re not a low tax state,” he stated. “We win corporations over with our high-value added components. For instance, in Connecticut, we promote our workforce. It’s all about expertise and the workforce and we now have that, not like many states within the south and southwest who’ve a tough time discovering the workforce to satisfy the wants of the market.”
A gifted workforce is clearly one thing within the state’s favor. With New Haven-based Yale College as its anchor, the state has a well-earned status for its extremely expert workforce. The state’s 38 faculties and universities graduate greater than 150,000 college students per yr and Yale and different universities such because the UCONN public system, Quinnipiac College and even the U.S. Coast Guard Academy in New London are pumping out extremely gifted graduates longing for difficult jobs throughout many sectors of the financial system.
High quality of life in Connecticut can also be a draw with many stories rating it among the many high 10 states to stay in. With Boston and New York each inside shut driving distance, and far of the state being suburban and even rural, Denious stated the mix of comfort, location and the distinctive New England tradition are key promoting instruments for his workforce. “Entry to each cities is vital to attracting individuals to our space,” he famous.
So, too, is the truth that the state’s many small cities provide a novel tradition and taste. That’s turning into extra vital to many corporations, notably after what has occurred over the past two years with COVID-19. State officers had been lauded for its response to the pandemic, thanks partially to its world-class healthcare system, and it stays some of the extremely vaccinated states within the nation.
Moreover, Connecticut is a draw for individuals seeking to be round others with related skilled backgrounds. Hartford continues to be the main space within the nation for insurance coverage and insurtech corporations and the life sciences section is turning into an enormous participant all through the state, with Yale main the way in which in R&D and spin-off companies. Biotech and fintech are additionally turning into main components alongside the Stamford to New Haven Interstate 95 hall, he added.
a turnaround that’s paying good-looking dividends for the state.”
In keeping with Denious, AdvanceCT is targeted on 5 totally different key industries. Along with insurance coverage and life sciences, AdvanceCT is concerned in monetary companies, superior manufacturing, and know-how, together with fintech, cyber securities and biotech. “These are all large sectors in Connecticut, and we now have to do extra to make companies see that and notice what we now have to supply,” he stated.
Whereas the long run is kind of brilliant for the state, Denious stated there may be nonetheless a whole lot of work to be completed for AdvanceCT and its companions. He emphasised that U.S. Census Bureau information exhibits that many younger individuals and younger households are shifting to the state and that new enterprise purposes are rising shortly. He additionally identified that the state’s finances is in fine condition, with a $1 billion surplus this yr and a rainy-day fund of greater than $4 billion resulting in upgrades from credit score rankings corporations corresponding to Moody’s and Customary & Poor’s.
“Our job, working with the state and particular person corporations, is to get the phrase out that Connecticut has an unbelievable upside and companies ought to contemplate us when they’re taking a look at different states like Massachusetts or New Jersey,” he stated. “Our job is to be pro-active and aggressive. We wish to make it clear to all that Connecticut is a good place to stay and a terrific place to do enterprise. Our story is simply getting began.”
HARTFORD, Conn. (WTNH) — The United States Surgeon General declared gun violence a health emergency, and News 8 is taking a look at how these acts of violence impact healthcare workers in the state.
While Connecticut leads the rest of the United States in terms of gun laws, communities are still experiencing high rates of gun violence.
Firearms are the number one cause of death for youth in Hartford, according to Jennifer Martin, M.D., an emergency medicine doctor at Saint Francis Hospital.
“It is taxing on the entire medical staff,” Martin said. “From everyone who works in the emergency departments, the operating rooms, the surgical floors. Every single person it touches touches violence in that way and it wears on everybody.”
At Connecticut Children’s Medical Center, they have staff who will meet with families and victims of gun violence while they are still receiving medical care to discuss what happened and help them through the recovery process, Dr. Kevin Borrup, executive director of the hospital’s Injury Prevention Center, said.
Borrup said that the most effective time to intervene with a gun shot victim is at the bedside shortly after the incident, calling it the “golden hour” where people are more likely to receive help.
Saint Francis also has efforts to educate the community on gun violence prevention.
Sen. Richard Blumenthal (D-Conn) said that while the surgeon general’s declaration was a step in the right direction, he hopes that it is followed by action.
“We need real action to ban assault weapons, provide for better liability on the part of the gun manufacturers, red flag statutes,” Blumenthal said.
WESTMINSTER, Vt. (WCAX) – They may be considered a pest in Lake Champlain, but state wildlife officials say sea lamprey call the Connecticut River home.
While the population in Lake Champlain is controlled as a nuisance species, lampreys make up an important part of the Connecticut River ecosystem. Every year, sea lampreys spawn in the river as far upstream as Wilder Dam in the Upper Valley, and in many of the tributaries including the West, Williams, Black, and White Rivers.
In this week’s Wildlife Watch, Ike Bendavid traveled to Westminster, where Vermont Fish and Wildlife biologists are working to protect spawning habitat on the Saxtons River.
Copyright 2024 WCAX. All rights reserved.
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A New Yorker has turned his new home in Connecticut into a pop-of-color “dollhouse” after dreaming of such a space ever since he was a child.
Jonny Carmack, 31, bought his Danbury, Connecticut, home in 2020 after needing to escape Manhattan during the pandemic.
He said that this particular three-bedroom, one-and-a-half bathroom home was the first space he toured — and that it was the perfect size but didn’t have the perfect look, SWNS reported.
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However, he’d been dreaming of turning a property into his personal “dollhouse” ever since he was a kid, he said.
“When I bought this house, I knew I wanted to use it as a landing pad for my creativity,” he said.
Jonny Carmack, pictured here, told Fox News Digital he’s grateful for the supportive online community that’s been weighing in on his colorful home. (Jonny Carmack / Fox News)
Today, after spending roughly $20,000 on renovations, Carmack has a color-filled space that is hard to miss.
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Thanks to some help from Facebook Marketplace and HomeGoods, Carmack bought unique secondhand items to turn his new space into something special.
Carmack has multiple rooms in his home that are full of colorful items. (SWNS / SWNS)
“I knew what I wanted the themes of my home to be, and now I have been finetuning them to push my personality out there more,” he told SWNS.
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Carmack has a fruit room, a bakery dining room, a blue lounge, a pink parlor, a pop art bathroom, an ice cream bathroom and more themed spaces within his Connecticut home.
The homeowner said he added over $100,000 in value to his home thanks to the colorful renovations and decorative items.
The dining room of the home features shades of green, pink and blue throughout. (SWNS / SWNS)
Carmack noted that his favorite space in the home is his kitchen.
He said it has the best lighting, and that he loves to use it for cooking and hosting.
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Carmack told Fox News Digital that his rooms were inspired by special people and places he idolized.
“Each room is designed around the vintage 1980s furniture I curated over the last 3 to 4 years,” he said. “And my biggest inspirations have been Dolly Parton, Barbie and colorful Floridian tack.”
Carmack, who moved to Connecticut a few years ago, said he’s dreamed of creating a real-life dollhouse for as long as he can remember. (SWNS / SWNS)
He also told Fox News Digital that he’d always been drawn to “dollhouse aesthetics” as a child and would often imagine himself living in such a place.
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He said, “I tried to force myself into the more tame and modern stylings as an adult and decorated many spaces in various shades of beige and white before being brave enough to go bold!”
A man has added $100,000 worth of value to his Connecticut home thanks to renovations and items he bought secondhand. (SWNS/Jonny Carmack / SWNS)
Carmack has posted about his unique space on Instagram, where he has over 177,000 followers.
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He told Fox News Digital he’s grateful to the creative community online that loves his home space as much as he does.
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