Economic Development News & Updates in
Greater New Haven
Yale New Haven, Hartford HealthCare to build proton therapy center
Yale New Haven (Conn.) Health System and Hartford (Conn.) HealthCare on April 12 said they have received approval to build the state's first proton beam therapy center.

The 25,000-square foot Connecticut Proton Therapy Center is slated to open in 2025 in Wallingford, Conn.

"This is a historic moment for cancer care in Connecticut," said Hartford HealthCare president and CEO Jeffrey Flaks. "This newly established partnership will not only provide our patients and our communities access to proton therapy — one of the most clinically advanced radiation treatments in the world — but it will make Connecticut a 'world-class' destination hub when it comes to state-of-the-art cancer care." Read More
Yale Ventures: New initiative will promote innovation and entrepreneurship
Yale today announced an ambitious new initiative to support and expand innovation and entrepreneurship across the university and throughout the greater New Haven region.

Yale Ventures will support the translation of university research into impactful products, services, and social ventures and accelerate the expansion of the entrepreneurial ecosystem. Josh Geballe, who was recently named senior associate provost for entrepreneurship & innovation at Yale, will be managing director of the new organization.

“The launch of Yale Ventures is an important step in expanding the impact Yale will have on addressing many of the world’s biggest challenges,” Geballe said. “New Haven is booming with exciting startups, imagined and led by talented people on the cutting edge of medicine, science, and engineering, who are eager to see their work result in new products and services that make a large-scale impact. Yale Ventures intends to play a key role in making New Haven a globally recognized hub of innovation, and this is the ideal time to undergo this exciting transformation.” Read More
Tweed airport growth could mean more state funds for East Haven, but Carfora says it’s not enough
Expansion of Tweed New Haven Regional Airport — and specifically the construction of a new, 74,000-square-foot, carbon-neutral terminal with 4-6 departure gates on the East Haven side of the airport — could more than double the payments the town gets from the state, officials say.

That would increase the town’s revenue by about $500,000 per year, said Sean Scanlon, executive director of the Tweed New Haven Airport Authority.

East Haven currently collects $462,000 a year under the state Payments in Lieu of Taxes program for tax-exempt property in town, Mayor Joe Carfora said in his recent State of the Town address. Read More
More News & Events
April 20 from 12:00 p.m. to 4:00 p.m. The four Connecticut State University (CSU) schools and the Connecticut Community College system are hosting an inaugural Consortium Virtual Career Fair Read More

4/21 CBIA's Connecticut Economic Update conference at the Trumbull Marriott Shelton Read More

4/22 9 a.m.-8 p.m. Yale Biotech Club Life Science Career Fair, virtual with in-person industry night Read More

May 17 & 18 Yale Innovation Summit: New Venture Haven at the Omni New Haven Hotel at Yale Read More