Southern Connecticut State University Becomes East Coast Anchor for Initiative to Help Businesses Move to Virtual - with Assist from Students

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Southern Connecticut State University Becomes East Coast Anchor for Initiative to Help Businesses Move to Virtual - with Assist from Students

Innovation continues to be a by-product of the changing workplace landscape resulting from the coronavirus pandemic. The latest example comes from the Southern Connecticut State University (SCSU) School of Business which has established a partnership with Get Virtual, a program that gives local businesses affected by COVID-19 the tools to adapt to the virtual landscape and extend their businesses online.

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Simtech's Richard Leite is CT's Small Business Exporter of the Year

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Simtech's Richard Leite is CT's Small Business Exporter of the Year

Richard Leite, President & CEO of Simtech, Inc., based in East Granby, has been selected as Exporter of the Year by the U. S. Small Business Administration (SBA) in Connecticut. Established in 1988, Simtech distributes and exports military aircraft spares to the U.S. and foreign governments, companies and depots. The company has customers in Europe, the Middle East, Asia, Latin America, and North America.

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Matt Beaudoin of Mystic Knotwork Named Connecticut's 2020 Small Business Person of the Year

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Matt Beaudoin of Mystic Knotwork Named Connecticut's 2020 Small Business Person of the Year

Leading what is described as the first and oldest knot shop in the nation, Mystic Knotwork’s President & CEO Matthew Beaudoin has been named as the Connecticut’s Small Business Person of the Year by the U. S. Small Business Administration. The award coincides with 2020 Small Business Week, being celebrated this week in September.

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A Majority of Young Adults Live With Their Parents – Highest Percentage Since Great Depression Era

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A Majority of Young Adults Live With Their Parents – Highest Percentage Since Great Depression Era

The coronavirus outbreak has pushed millions of Americans, especially young adults, to move in with family members. The share of 18- to 29-year-olds living with their parents has now become a majority the first time that has occurred since the Great Depression era, according to a new analysis of national data by the Pew Research Center.

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Hartford, New Haven to Receive Funds to Help Residents Navigate Financial Challenges From COVID

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Hartford, New Haven to Receive Funds to Help Residents Navigate Financial Challenges From COVID

National nonprofit organization the Cities for Financial Empowerment Fund (CFE Fund), in partnership with Bloomberg Philanthropies, Citi Foundation, JPMorgan Chase & Co., and the Wells Fargo Foundation, has announced that more than 50 city and county partner governments across the country – including New Haven and Hartford - are set to offer financial counseling and financial navigation services for their local residents in need.

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Connecticut Ranks #5 in Offshore Wind Power Development, Aerospace

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Connecticut Ranks #5 in Offshore Wind Power Development, Aerospace

The annual rankings in a range of business development categories are in, and Connecticut is ranked in the top10 in two of nearly a dozen categories. The state ranked #5 among the leaders in aerospace, a traditional strength, and also at #5 in offshore wind power development, as that field gained significant traction in 2019.

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Voluntary Initiative Aims to Boost Connecticut's Black-Owned Businesses

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Voluntary Initiative Aims to Boost Connecticut's Black-Owned Businesses

The mission of SHOPBLACKCT.com is to “challenge structural racism and transform the legacy of economic and social inequity in the U.S. by providing a platform to drive business to and awareness of local Black-owned businesses.” Among the values cited by organizers are Collaboration, Diversity, Service, Excellence and Empowerment. And their website has surpassed 800 featured Connecticut businesses.

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