Economic Development News & Updates in
Greater New Haven
House, Senate unanimously approve CT gas tax holiday
The General Assembly on Wednesday approved a three-month state gasoline tax holiday starting April 1.

The bill, which passed 143-0 mid-afternoon in the House and cleared the Senate 33-0 shortly after 8 p.m., also would provide free public bus service over the same period and a sales-tax-free week on clothing and footwear in mid-April.

The legislation now heads to Gov. Ned Lamont, who helped to negotiate the relief plan and is expected to sign it. Read More
Economic Engine: Harbor project primes New Haven’s port for future growth
Sitting in traffic at the Tomlinson Bridge just outside the Port of New Haven, it’s hard to appreciate the importance of the ships passing below.

But that barge maneuvering ever-so-slowly under the span and chugging its way toward New Haven Harbor represents one facet of a state maritime industry with $11.2 billion in annual economic impact that employs nearly 60,000 people across Connecticut.

That barge is also an avatar of New Haven’s busy port — a waterfront economic engine that got busier last year due to the national supply chain crisis.

The number of ships visiting the port jumped by 35% in 2021 compared to 2020, and cargo tonnage for last year is expected to exceed pre-pandemic levels, according to port officials. Read More
Lamont Signs Bill Extending Outdoor Dining in Connecticut
Outdoor dining was a lifeline for many restaurants during the pandemic and now, the governor says it'll remain in effect for another year.

Many lawmakers made an effort to extend outdoor dining for another 13 months.

"Passing this bill ensures continuity of business for our restaurants whose outdoor dining commenced during the pandemic and it really helps them address their ongoing recovery," Rep. Cristin McCarthy Vahey, D-Fairfield, said last week. Read More
Outdoor dining
2022 Yale Innovation Summit: New VENTURE Haven
May 17 & 18
Omni New Haven Hotel at Yale

The Yale Innovation Summit is delighted to return to an in-person format this year. The Summit has become the largest entrepreneurship event on campus and the largest gathering of venture capital investors in Connecticut. Over two days we will celebrate innovation and entrepreneurship at Yale, in New Haven and Connecticut as a whole. The Summit offers unequaled networking, education, and inspiration for the entire entrepreneurial ecosystem. All are welcome!

2022 Yale Innovation Summit: New VENTURE Haven is a fully vaccinated event. Read More
Yale Innovation Summit logo
More News & Events
Restaurant ​“Week” Returns Read More

Connecticut jobless rate drops below 5% for the first time since the pandemic began Read More