Economic Development News & Updates in
Greater New Haven
What happens next with the Covid relief bill
Senate passage of President Joe Biden's $1.9 trillion Covid relief bill on Saturday brought the massive legislation one step closer to law.
But first, the bill has to go back to the other side of the Capitol, where the House -- which already passed its own version of the bill -- is scheduled to vote Tuesday to approve the changes made in the Senate. That vote is expected to succeed on a party line, as it did in the Senate, with a narrow Democratic majority. Only after the House passes the Senate version would it land on Biden's desk.

After that, the turnaround time -- between it being a more than 600-page bill and money in people's pockets -- could be relatively quick. People could start seeing the $1,400 stimulus payments hit their bank accounts within days of Biden signing the bill -- which is expected to happen soon after the House votes on Tuesday. Read More
Governor Lamont Announces Plans To Ease Some COVID-19 Restrictions in Connecticut
Governor Ned Lamont announced that in the coming days he plans to revise some requirements that were implemented in Connecticut in the onset of the COVID-19 pandemic, particularly when it comes to those relating to capacity levels and travel restrictions.

The governor stressed that while some of these restrictions are being eased, all of the protocols that relate to face coverings, social distancing, and cleaning measures are being maintained, and people and businesses are urged to continue adhering to those health and safety procedures.

Protocols that will remain in effect until further notice include:
  • Face coverings and masks continue to be required
  • Bars that only serve beverages continue to remain closed
  • 11PM closing time remains in place for events at venues, restaurants, and entertainment
  • Indoor theaters continue to have a 50% capacity
  • Large event venues (e.g. stadiums) to open in April

Deep dive: Tracking the past 12 months of telehealth at Yale New Haven Health
With a collaborative spirit and a drive to provide the virtual care patients wanted, the health system has grown its program by leaps – it now sees in 10 minutes the number of patients it used to see via telemedicine in a month.
The COVID-19 crisis presented several challenges to the health system that amplified the need and impact of telehealth services.

To safely care for patients and provide additional safeguards for clinical staff, Yale New Haven Health had three clear needs to address:

  • Rapidly expand the tele-ICU services to support a ballooning ICU census.
  • Provide supportive services in med/surg units to allow nursing staff to cluster care activities to reduce utilization of PPE and potential staff exposure.
  • Rapidly scale ambulatory telehealth to provide ongoing access to medical care for patients.
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PPP Interim Final Rule - Revisions to Loan Amount Calculation and Eligibility
Updated PPP Applications and Guidance for Sole Proprietors

Today, the U.S Small Business Administration published updated guidance reflecting the new changes to the Paycheck Protection Program.
This interim final rule allows individuals who file an IRS Form 1040, Schedule C to calculate their maximum loan amount using gross income, removes the eligibility restriction that prevents businesses with owners who have non-financial fraud felony convictions in the last year from obtaining PPP loans, and removes the eligibility restriction that prevents businesses with owners who are delinquent or in default on their Federal student loans from obtaining PPP loans. Read More
More News & Events
3/9 11 a.m. Goldman Sachs 10K Small Businesses: Strategies To Accelerate Revenue Read More

3/11 noon Leadership and Development for Manufacturing Read More