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Economic Development News & Updates in
Greater New Haven
Irish biotech firm to locate North American headquarters in New Haven area
An Irish biotech company with some high profile investors is coming to the New Haven area to set up its North American headquarters by the end of the year.

Nuritas, whose investors include rock musicians Bono and The Edge from the band U2, plans to hire 12 to 15 people to staff its as yet unidentified headquarters, said Jean Claude Bacos, the chief commercial officer of the Dublin-based company. The company made its announcement to coincide with the Yale Innovation Summit, held Tuesday and Wednesday at the Omni New Haven Hotel at Yale. Read More
Recipients of 2022 Connecticut Medal of Technology Announced
Craig M. Crews, the John C. Malone Professor of Molecular, Cellular, and Developmental Biology and Professor of Chemistry, Pharmacology, and Management at Yale University, and the Connecticut Center for Advanced Technology (CCAT) have been selected as the 2022 recipients of the Connecticut Medal of Technology.

The awardees will accept their medals at the 47th Annual Meeting of the Connecticut Academy of Science and Engineering, to be held virtually on May 26, 2022. Read More
U.I. partners with California tech firm for EV program
A new partnership between an area utility and California tech company aims to boost consumer use of electric vehicles and save energy and money.

The United Illuminating Company announced it is partnering with Silicon Valley tech company Bidgely to help implement the first electric vehicle (EV) managed charging program in Connecticut.

The program, established by the Connecticut Public Utilities Regulatory Authority (PURA), aims to compile data and devise strategies designed to shift customers’ EV loads to off-peak periods.

The effort is part of a larger collaboration between UI, PURA and other stakeholders to develop statewide EV charging infrastructure, which will support the state’s goal of having upwards of 150,000 electric vehicles on the road by 2025. Read More
Millions slated for cleaning Connecticut's contaminated sites
The federal government said this week that it will invest nearly $7 million to clean up and redevelop contaminated properties across the state.

The Environmental Protection Agency (EPA) said the money will come from the Bipartisan Infrastructure Law and be used for brownfield remediation.

Brownfields are contaminated properties – often found in underserved communities – where redevelopment can be costly and complicated.

The EPA said the Naugatuck Valley Council of Governments will get nearly $4 million to help clean up these sites.

New London, New Haven, Stratford, Vernon, Waterbury and West Haven will also get money to help clean up everything from a school to an old button factory. Read More
More News & Events
May 24 4-7 p.m. GNHCC 2022 Marcum LLP and GNHCC Regional Real Estate and Construction Forecast Read More

6/7 2-5 p.m. 2022 CEDAS Best Practices Award Event at Bear's Smokehouse New Haven Read More

Avelo growth at Tweed New Haven airport spurs off-site parking plan Read More