Economic Development News & Updates in
Greater New Haven
‘Earn As You Grow’ Program Wins Wide Support
onnecticut is open for business. That’s the message from the Department of Economic and Community Development and its new proposal to grow jobs in the state without putting taxpayers on the hook.

The days of giving millions of dollars in state-based tax incentives to companies to move to Connecticut might be over.

“We want something that’s competitive, that reduces risk and I think is in the context of what companies want and I think this does that,” Department of Economic and Community Development Commission David Lehman says. Read More
Biohaven drug shows promise against emerging COVID-19 variants
Biohaven Pharmaceuticals will advance its newly acquired COVID-19 treatment into human testing after lab studies showed it worked against multiple strains of the coronavirus — including the new and more worrisome variants.

The New Haven drug maker said Monday that preliminary experiments found its synthetic antibody-based treatment, BHV-1200, substantially reduced the virus’ entry into cells.

And as the scientific world races to keep ahead of the ever-changing virus, Biohaven delivered more promising news: The drug also worked to neutralize both the English and South African variants, which are thought to be less susceptible to existing antibody-based treatments. Read More
Paid Leave Officials Urge Compliance from 44,000 Businesses
About 60% of Connecticut businesses required to register for the state’s Paid Family Medical Leave program had registered ahead of Monday’s deadline, officials said during an online press conference.

Of the 110,000 employers required to register with the CT Paid Leave Authority, only around 66,000 had as of the March 1 deadline, the authority’s CEO, Andrea Barton Reeves said. That leaves about 44,000 businesses in the state not complying with the newly-enacted law.

Beginning in 2022, the program should allow workers to take up to 12 weeks of paid leave for medical and family emergencies. But the program anticipates a .5% payroll deduction as of Jan. 1, and businesses have been slow to comply. The authority delayed the deadline once, pushing it from Feb. 1 to March 1. About 20,000 businesses signed up during that extended window, Barton Reeves said. Read More
More News & Events
3/2 4:30 From BioCT: What Entrepreneurs and Geniuses Have in Common – Hosted by UConn TCS Read More

3/11 noon Leadership and Development for Manufacturing Read More

Connections 2021, Special Edition Newsletter from The Community Foundation Read More

The Connecticut Office of the Arts (COA) is excited to launch its 2021 Arts Workforce Initiative (AWI) Program. AWI is a paid apprenticeship program that gives Connecticut college students, emerging creatives, formerly incarcerated individuals and military veterans an opportunity to gain professional work experience with not-for-profit arts and cultural organizations throughout the state. COA is currently accepting applications from prospective apprentices/interns. Read More

Comparing the COVID-19 Vaccines: How Are They Different? Read More