Economic Development News & Updates in
Greater New Haven
SBA Approves 23,342 PPP Loans in New England












The Paycheck Protection Program (PPP) provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. SBA is currently offering:
As of January 24, 2021, the SBA approved 23,342 PPP loans for $2,251,515,002 in the six New England states of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont during the current round of funding.
Eligible businesses can apply for funding for first and second draw PPP loans through all participating lenders. Here are two ways to find a PPP lender:
  1. Connect with an SBA-approved lender using Lender Match: https://sba.gov/lendermatch
  2. Locate a PPP lender near you with this map: https://sba.gov/paycheckprotection/find
Connecticut's largest IFS career fair | February 24
GetHired, Connecticut's largest Insurance & Financial Services career fair returns this year, albeit virtually, on Wednesday, February 24, 2021 from 1:00pm-4:00pm. This event provides an venue for Connecticut’s insurance and financial services employers from throughout the state, an opportunity to meet with college undergrad and graduate students, as well as recent graduates to explore the multitude of IFS career opportunities available within our state.

Presented annually by Connecticut Insurance & Financial Services (CT IFS), a state-wide initiative of the MetroHartford Alliance, the GetHired job fair typically attracts between 400 and 500 students in person. However, this year’s virtual event affords all of us the opportunity to expand our reach and marketing as the “Insurance Capital of the World” to a national audience of hundreds of out of state students – including leading institutions with strong insurance, finance and risk management programs and Historically Black Colleges/Universities. We anticipate even stronger attendance as a result of this expanded effort. Learn More
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Biohaven Announces Preliminary 4Q2020 Net Product Revenue For NURTEC® ODT
Based on preliminary unaudited financial information, the Company reported $35 million in net product revenue from sales of NURTEC ODT in the fourth quarter of 2020, representing a 98% increase from the previous quarter. Total prescriptions of NURTEC ODT for the full year 2020 were over 337,000, with over 24,000 unique prescribers. There were no material changes in channel inventory between third and fourth quarter.

The foregoing information reflects the Company's estimate with respect to net product revenue for NURTEC ODT based on currently available unaudited information. This is not a comprehensive statement of the Company's financial results and is subject to completion of the Company's financial closing procedures. The Company's final results will be issued upon completion of its closing procedures and may vary from these preliminary estimates. Read More
Governor Lamont Extends Connecticut’s State of Emergency for the COVID-19 Pandemic To April 20
Governor Ned Lamont today announced that he has signed a declaration extending Connecticut’s state of emergency in response to the ongoing COVID-19 pandemic to April 20, 2021. The extension applies to both the civil preparedness emergency and the public health emergency.

The governor originally declared the emergencies on March 10, 2020, explaining that they were needed in order to enable the state to provide its residents with an adequate response to the pandemic. Initially, they were scheduled to expire on September 9, 2020, however due to the ongoing nature of the pandemic they were renewed late in the summer and given a new expiration date of February 9, 2021.

Governor Lamont said that while the recent development of several vaccines provide great hope that the pandemic will soon be under control, the virus continues to rapidly spread and emergency measures are still needed to help mitigate its impact. Ending them now, he said, would pull a safety net from under the citizens of Connecticut. Read More
More News & Events
Gov. Lamont extends restaurant, business curfew to 11 p.m. Read More

2/11 6 p.m. Startup Grind: 'How to Think like an Entrepreneur' with serial entrepreneur Michael Gorton, Founder of Teladoc Read More

State: CT nursing homes may have reached coronavirus herd immunity Read More

NH firm to market point-of-care COVID-19 antibody test Read More

Christopher O’Connor to become president of Yale New Haven Health Read More

Looking for more information about the Shuttered Venue Operators Grant Program? On January 28, 2021, the SBA added a new frequently asked questions which includes information about eligibility, application, use of funds and more. Read More