In years past, economic development focused primarily on job creation and GDP growth as ways to measure progress. While these are still important measures, modern economic development practices have expanded to include a focus on inclusivity—making sure that economic benefits and an improved standard of living accrue to residents across the spectrum, and not just to those in select categories.
Twenty-seven communities in Connecticut have federally-designated Opportunity Zones - a unique tax incentive program and economic development tool to benefit economically-distressed communities.
In this episode of CERCONOMY, Kristi Sullivan, CERC’s Vice President of Marketing, is joined by David Kooris, Deputy Commissioner of the Connecticut Department of Economic and Community Development, to discuss the efforts that Connecticut is undertaking to support the 72 Opportunity Zones here in the state.
Be on the lookout... the new 2019 Doing Business in Connecticut guide, annually produced by the Hartford Business Journal (HBJ), has hit the streets! This magazine-style book is chock full of content to provide readers with an overview of the numerous resources available for supporting and reasons for choosing to do business in our great state.
The Department of Administrative Services is a shared support service area for all executive branch state agencies… and then some. As the primary procurement division, human resources agency, and construction services for the state, DAS wears many hats.
A very popular topic among entrepreneurs starting a new business venture is naming the business.
If you have ever tried to come up with a business name, you understand that the process is not always a simple one and there is typically a lengthy process involved taking into consideration variables such as a the name having sentimental value, coinciding with branding and other marketing tactics, describing the type of service or products sold and more.
In 2017, Connecticut had 113,100 women-owned business, employing over 95,000 people and garnering $16.5 billing in annual revenue. And the Hartford region was recently ranked as 4th in the nation among metropolitan areas with the most female entrepreneurs. Much of this success is owed to the Women’s Business Development Council, a 22-year old organization dedicated to assisting women entrepreneurs launch and scale their businesses.
You’ve likely heard the adage: “there’s a reason we have two ears and one mouth,” emphasizing the importance of listening over speaking in communication. We live in a time with more messaging aimed at us than ever before. According to Seth Horowitz, an auditory neuroscientist from Brown University, “Listening is a skill we’re in danger of losing in a world of digital distractions and information overload.”
When towns and cities want to learn more about resident viewpoints on timely topics or the needs of the business community, conducting a survey can be a time and resource efficient option.In this episode of CERCONOMY, Alissa DeJonge, Vice President of Research, sits down with Courtney Hendricson, Vice President of Municipal Services to discuss the various types of surveys that municipalities can conduct to elicit feedback, and gather the data needed to make informed decisions.