Issue 16
March 2014
From the Commissioner

With the 2014 legislative session under way, The Business Edge is a great source to help keep you apprised of any developments that affect you and your business.

Last week I had the opportunity to testify in support of a proposal to support United Technologies Corporation’s expansion plans in our state.


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United Technologies Commits Long Term to Connecticut
Signaling the state’s commitment to the aerospace industry and United Technologies Corporation’s commitment to the state, Governor Dannel P. Malloy last month proposed legislation that will help the company make major investments in its Connecticut operations and grow jobs.
Student Ventures Get Jump Start through New Fund
Entrepreneurial-minded students at Yale University now have a dedicated financial resource to help get their startup ventures off the ground: the new $3 million YEI Innovation Fund.  The fund, launched late last year, was created by Yale in partnership with Connecticut Innovations (CI) and First Niagara Group.  It is managed by Elm Street Ventures of New Haven.
Market Assessment Reports Are Now Available through CI
Are you thinking about developing and marketing a new, technology-based product? If so, you may want to take advantage of one of Connecticut Innovations’ (CI’s) newest initiatives – a service that generates custom market assessment reports for Connecticut small businesses.
By the Numbers
CT Exports Reach New High
 
Connecticut companies continue to take advantage of opportunities in the international marketplace. Last month the U.S. Department of Commerce reported Connecticut was one of 16 states that hit record-highs for exports in 2013. The state exported $16.48 billion in goods, a 3.23% increase over 2012.
Partner Profile

A Conversation with Kate Emery, chief executive officer and founder of reSET

Kate Emery knows how to spot a strategic opportunity.

When she launched what is today The Walker Group, microcomputers were still fairly new in the business world. She recognized that businesses would need expert technology services and solutions to take advantage of the new paradigm for storing and using mission critical data. Based in Farmington, the 30-year old company has grown to one of the largest of its kind in New England.

In 2007, Emery changed Walker’s mission: from maximizing shareholder profits to maximizing social contribution. In 2010 – again recognizing an emerging need – she founded reSET, the Social Enterprise Trust, and incubated it at the Walker Group – funding all of its initial operations and using it to transition Walker into a social enterprise.

In this “A Conversation With…,” Kate talks about reSET and the exciting development of social enterprise in Connecticut.

At Your Service

George Norfleet, Director, Office of Film, Television & Digital Media, Department of Economic and Community Development

NBC Sports’ coverage of the 2014 Olympics in Sochi, Russia has done more than just bring compelling stories of athletes and incisive analysis of the winter games into our homes each night. It has also turned the spotlight on the growing sports television industry in Connecticut.

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Response Center at 1.800.392.2122

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