Thursday, September 17, 2009.

Governor Rell Announces New Economic Growth Plan

Yesterday afternoon, Connecticut Governor Jodi Rell announced the release of a new economic growth plan for state, which includes $100 million for a public-private student loan partnership, a new Port Authority for ports and airports, and an “Angel Investor Tax Credit” for individuals or firms that invest in areas such as biotechnology.

To shield Connecticut’s economy from the financial industry’s volatility, she included new technology firms in digital or green areas in the new tax credit. The nearly 550-page report’s 60 recommendations include strengthening regionalism by getting cities and towns to work together instead of vying with each other for the same jobs.

Rell’s plan aims to shape policy and priorities in the economic downturn, with the goal of creating more jobs in the state.

The full document can be viewed at: www.ct.gov/ecd

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