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President's Message

Bob Santy on the Occasion of his Retirement

On Friday, June 28, 2019, CERC staff, board members, and collaborators came together to celebrate Bob's 35+ year career in economic development, and wish him well on his retirement. Bob spoke and recalled the people and organizations that he has worked with throughout his career in Connecticut.

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One Team Approach to Economic Development

Wanted to bring you up to date on a number of things we’re doing to make sure you stay informed…

This week’s podcast is on the topic of the Transfer Act, with our guest, Mark Duclos from Sentry Commercial, and with the amendments to the act going through the legislature, I encourage you to take a listen, especially if this is something that impacts you. 

Our blog shares how we are collaborating with partner organizations as TeamCT to welcome international companies to Connecticut, and a recent visit by a German high tech industrial manufacturer where we came together to showcase the many assets in Connecticut and the benefits of doing business here. 

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Municipal Economic Development for Small Communities

Recently we’ve been out doing a lot of our municipal trainings - you know we’ve done about 90 of the trainings over the last three years - and we’re up to about half of Connecticut’s communities that have hopefully benefitted from the work we’re doing out there.

Just recently we were in a very small town - one of the smallest we’ve done with a population of about 1,700 people. A lot of the questions that came up were, “can we really do economic development when we’re so small?” Of course, we adjust what we say to communities of that size, but our answer is absolutely yes. It has got to be a very intentional activity, economic development, and it can be done by small communities as well as large, but you have to adapt what you are going to do.

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There is Good News in Connecticut's Economy

Hello and welcome to the October edition of the CERC e-news. I’d like to spend a bit of time talking about our Celebrate CT! event, which is coming up on December 5th. We’re going to hold it at Infinity Hall in Hartford - and we’re moving to a new location as our old location has gotten pretty tight. We hope to have a celebration with a little different vibe, and hope that you will come and join us.

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Takeaways from the 2018 IEDC Conference

In this episode of CERCONOMY, Bob Santy shares the major takeaways from the recent conference of the International Economic Development Council and the importance for Connecticut to continue creating great places through inclusive economic development, and creating demand driven workforce development. 

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The New Opportunity Zones Tax Incentive

In this episode of CERCONOMY, Bob Santy, CERC’s President & CEO welcomes Liddy Karter, of Enhanced Capital, to discuss the new Opportunity Zone tax incentive, and what it means for Connecticut.  Bob and Liddy share insights into the specifications of Opportunity Zone funds, what makes the Opportunity Zones program unique through the types of investments, and provide resources for more information.

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Affordable Housing and its Role in Economic Development

Welcome to the September edition of the CERC e-news. As you can see, we are here today at the Connecticut Housing Coalition Annual Conference. Courtney Hendricson, our Vice President of Municipal Services and I just completed a workshop on affordable housing and its role in economic development. Our overriding premise is that demand for different housing choices is changing in Connecticut. And towns have certain issues that they face, particularly in their grand list - and the residential component of their grand list not holding up.

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Connecticut's Opportunity Zones

Hello and welcome to the August edition of the CERC e-newsletter.

This month I want to talk about Opportunity Zones.  Opportunity Zones are included in the new federal tax legislation and its a new tool for economic developers to bring investment into your communities.  You have to be a designated opportunity zone and there are 27 communities in Connecticut that have 72 opportunity zones.

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