Archive for December, 2011

In Case You Missed It!

Friday, December 30th, 2011

This week Jobs for New England Now posted three new blogs. The first, Mass. Council Aims to Develop State Through a “Growth Plan” in 2012, describes Governor Deval Patrick’s plan to boost the Massachusetts economy. The second, 2011 Was Quite a Year In Massachusetts, lists a few of the most interesting events that took place in the Massachusetts business world this year. The third, Massachusetts Projects Approved to Help Create and Retain Jobs, details the  14 projects that were approved for participation in the Economic Development Incentive Program (EDIP) last week .

Below is a brief list of news articles we posted this week:

Danbury Patch: State to Spur Job Growth: Reinvent Connecticut – The goal of the special jobs session was to create pro-business incentives to jump-start Connecticut’s economy. The state came up with options like giving companies tax credits of $500 per month for each new hire. That is up from $200. Another tax credit is $900 for each person hired who was either a veteran, unemployed or disabled.

The Boston Globe: Report Lists Steps to Make Massachusetts More Competitive - The Patrick administration released a 34-page economic development plan yesterday that proposes dozens of steps to help make the state more competitive, from reducing the cost of energy to beefing up training programs for workers.

Wicked Local Winchester: Poll: Massachusetts Residents Doubtful About Economic Future – Bay Staters are a cynical bunch, but for understandable reasons. A new survey of Massachusetts residents by the Siena Research Institute, underwritten by First Niagara Bank, found people are deeply doubtful about the economic future as they struggle to make ends meet. The survey is the first part of a larger study of economic confidence in Massachusetts and Connecticut, said the research institute, which is based out of Siena College in New York.

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The Hartford Courant: 2011: A Year of Slow Progress in CT Business

Friday, December 30th, 2011

2011 started with great political promise in Connecticut but not much hope for dramatic gains in business and the economy. In the end, the second full year of post-recession recovery delivered on those low expectations, with tepid job gains and some setbacks – but also the seeds of real progress in many quarters. Read More

Danbury Patch: State to Spur Job Growth: Reinvent Connecticut

Friday, December 30th, 2011

The goal of the special jobs session was to create pro-business incentives to jump-start Connecticut’s economy.

The state came up with options like giving companies tax credits of $500 per month for each new hire. That is up from $200. Another tax credit is $900 for each person hired who was either a veteran, unemployed or disabled.

“There are a whole lot of new programs to help businesses get started,” said Stephen Bull, president of the Greater Danbury Chamber of Commerce. Bull said most of the incentives are aimed at small businesses. “Small business is where most jobs come from.”

Read More

The Boston Globe: Report Lists Steps to Make Massachusetts More Competitive

Thursday, December 29th, 2011

The Patrick administration released a 34-page economic development plan yesterday that proposes dozens of steps to help make the state more competitive, from reducing the cost of energy to beefing up training programs for workers.

The report, by the state Economic Development Planning Council, contains 55 recommendations organized around a few goals: advancing education and workforce development for middle-skill jobs; supporting innovation and entrepreneurship; bolstering regional development through investments in transportation projects and other infrastructure; and making it easier and less costly to do business here. Read More

Mass. Council Aims to Develop State Through a “Growth Plan” in 2012

Thursday, December 29th, 2011

According to the Boston Herald, Massachusetts Governor Deval Patrick is looking to jump start economic development in his home state with his newly created Economic Development Planning Council.

The state-appointed council aims to develop our state through a “growth plan” which lays out at least 50 separate actions, from increasing access to science and technology-focused internships to working to lower health-care costs.

The most appealing part of this just-leaked plan includes the council picking, “three to five cutting-edge industries that business and government will work together on to promote in Massachusetts.” Technology is often recognized as one of the most innovative industries, and this initiative alone sounds like an incredible opportunity to increase jobs in the technology sector.

While this plan is just a blueprint, as mentioned above, it does not specifically say how the council plans to reach these goals. They plan to meet next year at this time to disclose what was accomplished, what wasn’t, what still needs to be done and what, if anything, went wrong. Jobs for New England Now hopes for the best for this initiative from the Governor, and looks forward to the results at this time next year.

 

Wicked Local Winchester: Poll: Massachusetts Residents Doubtful About Economic Future

Wednesday, December 28th, 2011

Bay Staters are a cynical bunch, but for understandable reasons. A new survey of Massachusetts residents by the Siena Research Institute, underwritten by First Niagara Bank, found people are deeply doubtful about the economic future as they struggle to make ends meet. The survey is the first part of a larger study of economic confidence in Massachusetts and Connecticut, said the research institute, which is based out of Siena College in New York. Read More

2011 Was Quite a Year In Massachusetts

Wednesday, December 28th, 2011

According to a recent article in the Wicked Local, there were quite a few strange events that took place in the Massachusetts business world this year. James Bond esque press conferences to a woman’s wrath aimed at Steve Jobs, 2011 was quite a year indeed.

Take a minute and check out a few of the more bizarre stories from the article:

Oddest press conference venue: Berkshire East, the former Thunder Mountain ski area in Charlemont, trumpeted two options for reporters to get to the unveiling of its new 900-kilowatt wind turbine. They could ride to the top of the mountain in a vehicle caravan – or ride the chairlift and then hop on a zip line to get to the windmill. I’m not sure when press conferences turned into James Bond movies, but I can’t say it’s necessarily a bad thing.”

Most unexpected publicity booster: It’s rare when one of our corn mazes makes national news. But it’s also rare when someone needs to call 911 with a cellphone to get rescued from one. That’s exactly what happened in October, when a family entered the Connors Farm maze in Danvers and couldn’t find an exit as the sun started to set. The misadventure led to a seemingly endless stream of interviews for farm owner Bob Connor, who appeared on ‘Good Morning America’ and was quoted in newspapers as far away as California. The coverage continued after another couple called 911 for help with finding a way out of an apple orchard in Stow a week later.”

Worst consequence from an iPhone glitch: Many people probably welcomed the extra sleep when a software snafu prevented iPhone alarms from ringing on New Year’s Day. Not Lindsay Garvey. The Somerville waitress publicly blamed her iPhone – and, in fact, Steve Jobs – after she was fired, purportedly for sleeping in after a long night’s work and not getting to her restaurant job on time Jan. 1. I can’t say if Jobs deserved Garvey’s wrath – he could be chuckling about it in heaven right now. But I can say that I hope we all have a smoother beginning to 2012 than Garvey faced at the start of 2011.”

Read the entire article.

Massachusetts Projects Approved to Help Create and Retain Jobs

Tuesday, December 27th, 2011

Christmas came early for Massachusetts industry, as 14 projects were approved for participation in the Economic Development Incentive Program (EDIP) last week. The projects approved by the Economic Assistance Coordinating Council (EACC) will create over 719 new jobs and retain 2,912 existing ones. The expansion projects include Red Hat Incorporated, which serves global enterprises with technology and services. According to the Canton Patch, Red Hat will create 181 new jobs and retain 233 current jobs, with private investment totaling over $50 million.

Another company that stands to benefit from the program is Cell Signaling Technologies, a business established in Beverly, MA with over 370 employees worldwide. The Canton Patch reports that Cell Signaling expects to create 100 new jobs while retaining the 306 employees they currently have in Massachusetts.

In a press release from the Executive Office of Housing and Economic Development, Secretary Greg Bialecki says the EDIP is designed to “attract significant private sector investment and spur economic activity throughout the Commonwealth.”  For a full list of approved projects, click here.

Nashua Telegraph: 18-Month Effort Aims to Boost NH’s Net Speed

Tuesday, December 27th, 2011


New Hampshire is moving into the next phase of a government-backed program to help spread broadband throughout the state, which will bring fiber-optic connections to homes in parts of the Monadnock region that once had trouble getting dial-up access.

This project, called Network New Hampshire Now, is designed to bring high-speed Internet to under-served parts of the state by June 30, 2013, which is quite fast considering its size.

One main reason it isn’t happening faster? Utility poles.

Read More

Wicked Local: Massachusetts’ Strangest Business Stories of 2011

Tuesday, December 27th, 2011

Portrayals of the Occupy Wall Street movement didn’t just focus on the divide between the haves and the have-nots, the 1 percent and the 99 percent. The mainstream media also occupied us with other juxtapositions as the story unfolded: the unkempt and the well-dressed, the chaotic and the even-keeled, the loony left and the level-headed right, the intriguing and the downright boring. Read More