CERC, through our collaboration with Department of Economic and Community Development, has experienced an increase in activity with the site selection community. We are working with engaged organizations interested in creating sizable projects in the state of Connecticut. We are beginning to see more and more interest, which we hope, will lead to more investment and more announcements like InfoSys.
As announced this week that a team of public and private interests worked behind the scenes for months to recruit Infosys, a tech company based in India, to Hartford. Infosys will open one of its four planned “technology and innovation hubs” here, building a $21M center and creating an estimated 1,000 jobs in the next four years.
CERC’s business recruitment team spent the last week hosting our new consultants for German foreign direct investment to the state. After recently contracting ROI (Research on Investment) to attract German companies to establish a presence in Connecticut, Margot Bégin and Thomas Klement—our project manager and in-market representative respectively—spent five days on a comprehensive familiarization tour of the State of Connecticut. If anything was apparent to the consultants after this week, it was this: Connecticut is connected.
Entering 2018, business optimism appears to be everywhere. The federal tax reform, more specifically related to businesses, changes the landscape for investment in the United States. At CERC, our work attracting capital investment into the state is hinged on many different factors. What is the operating environment where the company is coming from? What are the drivers for their expansion? How can the US, and by default Connecticut, offer an attractive place to locate a company?
Touching base after a busy summer of speaking with groups around the state - economic development groups, municipalities, commercial brokers - and I often get the question, “How can we collaborate?”
Navigating the various financial incentives available throughout different municipalities can be difficult and the process of getting questions of eligibility answered through federal, state, and municipal agencies can be tedious at best.
The summer days are here again, and for many people that means fun in the sun, days at the beach, vacation with the family and maybe a slower pace at the office. But for us here at CERC, it has not translated into a slow down by any measure.
Jason Giulietti, Vice President of Business Recruitment, shares the recent activities of the department, and what's coming up for travel and events - promoting Connecticut as the choice for businesses to start or relocate!
Oi, tudo bom!
(Hi, how are you!)
I feel is a fitting way to open this post, in honor of the inaugural opening of the Hub55 office in New Haven this week. Over the past few years, CERC has [and continues to] execute an international business recruitment strategy in conjunction with our partners at DECD; and one of the countries we are actively engaging with, is Brazil.
Wanted to provide an update on things that have been happening here at CERC, but also, more importantly, talk about a program here that we’ve been working on for the past year, on behalf of the Department of Economic and Community Development, that is our Concierge Program. As many of you know, we are on the ground in several parts of the world working to recruit companies to Connecticut. That work continues in a very aggressive way. We’re finding that companies - of much larger size - are investing and looking at Connecticut, which is great as we enter 2017. But also, one of the things thats very important, one of things we keep finding as a selling point, and really a differentiator to our competition, is our Concierge Service.