Archive for October, 2010

TDC: New ally for Conn. businesses

Friday, October 29th, 2010

The Daily Campus: On Oct. 23, Gov. M. Jodi Rell revealed a new financing partnership that will benefit Connecticut employers by helping them with their export business.

The Connecticut Development Authority (CDA) will now be able to supply international trade financing to small businesses due to a partnership with the Export-Import Bank of the United States (Ex-Im). Click here for the full story.

NT: New Milford Chamber breakfast offers inspiration and hope for businesses during economic 'rough patch'

Friday, October 29th, 2010

From The News-Times this week: Business leaders Wednesday morning were cheered for civic activism that has ceased to falter, despite an economy that the state’s economic development commissioner suggested is slowly on the rebound.

At the annual breakfast at the Kimberly-Clark conference center, the Greater New Milford Chamber of Commerce presented a $2,500 check to the Connecticut Special Olympics, a gift made possible by fundraising efforts supported by local businesses. Here is the full story.

NT: New Milford Chamber breakfast offers inspiration and hope for businesses during economic ‘rough patch’

Friday, October 29th, 2010

From The News-Times this week: Business leaders Wednesday morning were cheered for civic activism that has ceased to falter, despite an economy that the state’s economic development commissioner suggested is slowly on the rebound.

At the annual breakfast at the Kimberly-Clark conference center, the Greater New Milford Chamber of Commerce presented a $2,500 check to the Connecticut Special Olympics, a gift made possible by fundraising efforts supported by local businesses. Here is the full story.

NB: Buy Norwich, Rell adviser says

Wednesday, October 27th, 2010

From the Norwich Bulletin this week: Norwich is poised for an economic rebound thanks to prudent municipal management but the city and all of Eastern Connecticut face challenges in adding jobs due to profound changes in the national economy, two leading economists said Tuesday.

“If Norwich was a stock, I’d buy it,” Don Klepper-Smith, chairman of Gov. M. Jodi Rell’s Council of Economic Advisers, said during a presentation at City Hall. “You have potential. The future is bright.” To read the full story, click here.

TRC: Connecticut secretary of state candidates push job growth

Tuesday, October 26th, 2010

The Register Citizen: In Connecticut, the secretary of the state’s office is not typically known for job creation. But the major party candidates vying to become the state’s next chief elections official have spent as much time on the campaign trail talking about generating business as they have about casting ballots.

Republican Jerry Farrell and Democrat Denise Merrill say the secretary of the state’s office has a place in job growth, which has been one of the top issues in the competitive races for U.S. Senate and governor. The full story can be read here.

NECN: Conn. agency to begin helping export businesses

Tuesday, October 26th, 2010

From NECN this weekend:  A state business development agency will soon begin offering financing to small Connecticut businesses involved in international trade.  Check out the full story here.

AIM: Looming Unemployment Tax Increase Points to Need for Reform

Thursday, October 21st, 2010

Associated Industries of Massachusetts: The Massachusetts unemployment insurance system is creaking under the weight of a persistently weak economy and employers are about to pay the bill – a 40 percent average increase in UI rates as of January 1, 2011.

AIM has initiated discussions with the Patrick Administration about moderating the $258-per-employee increase while continuing to ensure benefits for people who have lost their jobs.  To see the full artcle click here.

GLP: State Denies Tax Extension, Businesses Caught Off Guard

Friday, October 15th, 2010

Is Rhode Island’s late tax deadline another indication of the anti-business climate in New England?  GoLocalProv.com reports, “Local businesses were caught off guard this week after suddenly learning that the state would not be granting them the same extension on their tax returns as the IRS is, leaving potentially thousands of Rhode Islanders with no choice but to pay hefty late fees.” Check out the full story here.

Fewer Connecticut businesses opened and closed their doors in the third quarter than a year ago

Thursday, October 14th, 2010

From the Hartford Business Journal: Fewer Connecticut businesses opened and closed their doors in the third quarter than a year ago, more evidence of the foggy status of the state’s economy, data authorities say.

Incorporation papers were filed by 5,899 new firms from July to September, down 12.6 percent from 6,624 applications in the same period last year, according to the secretary of the state office that registers all private businesses operating in Connecticut.  To see the full article click here.

JCTN Releases Legislators Scorecard

Wednesday, October 13th, 2010

‘Jobs for Connecticut Now’ Applauds Key Legislators for Supporting Connecticut’s Economy and Jobs
Organization Cites the Legislators’ Records on Measures Impacting the Business Community

 

FOR IMMEDIATE RELEASE Media Contact: Paul Moran
October 13, 2010 paul@jobsfornewenglandnow.org
617.750.6290

 

HARTFORD – Several state policymakers from the area received the top legislative rating from Jobs for Connecticut Now, a coalition dedicated to promoting greater economic growth and employment throughout the state.

 

Those legislators who received a grade of ‘A’ for their supportive positions on legislative measures having a positive effect on Connecticut’s business community and its ability to spur economic development and employment growth, are listed below:

 

Sen. Toni Boucher (District 26) Rep. Janice Giegler (District 138)
Sen. Sam Caligiuri (District 16) Rep. William A. Hamzy (District 78)
Sen. Len Fasano (District 34) Rep. John Hetherington (District 125)
Sen. L. Scott Frantz (District 36) Rep. DebraLee Hovey (District 112)
Sen. Tony Guglielmo (District 35) Rep. Laura Hoydick (District 120)
Sen. Rob Kane (District 32) Rep. Tony Hwang (District 134)
Sen. John A. Kissel (District 7) Rep. David Labriola (District 131)
Sen. Michael McLachlan (District 24) Rep. Tim LeGeyt (District 17)
Sen. Andrew Roraback (District 30) Rep. Lawrence G. Miller (District 122)
Sen. Kevin Witkos (District 8 ) Rep. Craig Miner (District 66)
Rep. Bill Aman (District 14) Rep. Selim G. Noujaim (District 74)
Rep. Penny Bacchiochi (District 52) Rep. Arthur O’Neill (District 69)
Rep. Terry Backer (District 121) Rep. Jason Perillo (District 113)
Rep. Larry Cafero (District 142) Rep. Rosa Rebimbas (District 70)
Rep. Fred Camillo (District 151) Rep. John Rigby (District 63)
Rep. Vincent Candelora (District 86) Rep. T.R. Rowe (District 123)
Rep. Mary Ann Carson (District 108) Rep. Pamela Z. Sawyer (District 55)
Rep. Clark J. Chapin (District 67) Rep. David Scribner (District 107)
Rep. Anthony J. D’Amelio (District 71) Rep. William Tong (District 147)
Rep. John H. Frey (District 111) Rep. Sean Williams (District 68)
Rep. Lile R. Gibbons (District 150) Rep. Terrie Wood (District 141)

 

Jobs for Connecticut Now (JCTN) based its evaluation on an analysis of key votes taken by state legislators over the past two years on a variety of bills that received full floor votes in both the House and Senate. The bills, which included the creation of economic development zones, establishing a Connecticut jobs task force, and expediting agency permits to allow businesses to grow, were deemed by JCTN to be crucial to the growth of the economy and employment in the state and also received full floor votes in both the House and Senate.

 

Steven Bull, President of the Greater Danbury Chamber of Commerce and the Chairman of JCTN, emphasized the need for the analysis, especially as voters go to the polls in November.  “Gaining a better sense of our leaders’ voting records allows us to identify those who are working to get our state moving again, creating jobs and building an economy for the future. Connecticut needs to reverse the anti-business mentality that has plagued this region for too long, and the legislative records of our elected officials serve as a key tool to reaching that goal.”

 

A full list of the bills examined and how all legislators were graded is available here.

 

Jobs for Connecticut Now (JCTN) is a local project of Jobs for New England Now, which brings together business leaders, pro-business groups, and non-profit organizations from across the six-state region to promote a more collaborative approach between government leaders and the business community to spur economic development and job growth in the state.  Most recently, JCTN hosted a gubernatorial forum at the Hartford Business Expo, which brought together the leading gubernatorial candidates of each party to discuss ways to improve the business outlook of Connecticut. The event was hosted by CNBC’s Ron Insana.

 

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