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Achillion Pharmaceuticals' stock rockets after Alexion Pharmaceuticals $930 million buyout deal            
Shares of Achillion Pharmaceuticals Inc. ACHN, +2.82% rocketed 82% in premarket trading Wednesday, after the biopharmaceutical company agreed to be acquired by Alexion Pharmaceuticals Inc. ALXN, +3.42% in a cash deal valued at $930 million. Alexion's stock slipped 0.1% ahead of the open. Under terms of the deal, Alexion will pay $6.30 for each Achillion share outstanding, which is 73% above Tuesday's closing price of $3.65 and implies a market-capitalization of $880.05 million. The deal also includes potential for an additional payment for Achillion shares in the form of contingent value rights (CVRs) to be paid if certain clinical and regulatory milestones are achieved. Read More

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SeeClickFix Sold, Staying In New Haven           
A Kansas-based "gov tech" business has purchased New Haven's homegrown, internationally adopted problem-solving company -which only plans to stay, and grow, in the Elm City, according to its local founder and director.

On Friday, the Manhattan, Kansas-based company CivicPlus bought New Haven's SeeClickFix, a digital information sharing company headquartered on Chapel Street that allows citizens the ability to report, comment on, map, notify public officials, and track government-led progress on everything from potholes to graffiti to illegal dumping.

Ben Berkowitz, who founded the local company in 2007, told the Independent Monday morning that he will remain as the director of SeeClickFix, and that the company will be staying put in New Haven. It currently has around 32 employees, he said, and plans to hire at least six new staff members as soon as possible. Read More 

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AVANGRID Hosts Innovation Forum, Offering Glimpse into Sustainable Energy Future     
Innovative minds from the energy sector, academia and non-governmental organizations showcased efforts to harness innovation to support sustainability at the third annual AVANGRID Innovation Forum.

The forum, titled "Innovation for Sustainable Development," featured keynote addresses from national climate and energy leaders, and provided a showcase for AVANGRID employees' innovations. It culminated in the company's annual Innovation Challenge, in which employees teamed up with students from top universities to research and develop technologies aligned with AVANGRID's purpose, which is to work together to deliver a more accessible clean energy model that promotes healthier, more sustainable communities every day.

"Today is about celebrating the great things AVANGRID is doing to build and enable the clean, smart grid of the future," AVANGRID Chief Executive Officer Jim Torgerson said at the event, held at the company's headquarters. "We're also here to look beyond what we are doing today and spark ideas about what is possible if we think and work differently."

AVANGRID is a diversified clean energy company and the nation's third-largest wind power producer.

The keynote speakers, leaders of the global effort to fight climate change, included Reid Detchon, Senior Advisor for Climate Solutions at the United Nations Foundation, and Richard Kauffman, New York State's first "Energy Czar" and Chairman of the New York State Energy Research & Development Authority. Read More 

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FY2020 EPA Brownfields Assessment, Revolving Loan Fund, and Cleanup Guidelines - Proposal Deadline: December 3 
Workshop Session in CT: November 1 8:30 a.m.-noon in East Hartford Register

EPA New England will offer sessions to assist potential applicants of FY2020 Assessment, Revolving Loan Fund, and Cleanup Grants in writing their proposals.

EPA New England Brownfields Staff will provide key points for writing a competitive application and answer any questions you may have for preparing your grant application.  There will be two separate breakout sessions, one for the Assessment Guidelines and one for the Cleanup Guidelines.  For potential Revolving Loan Fund applicants, we are planning an informational webinar - details to follow.  If you are interested in applying for more than one type of grant, we suggest you have two people attend. Read More 

Connecticut Economic Development Association Recognizes Municipalities 'Best Practices' Policies    
The Connecticut Economic Development Association (CEDAS) announced that it has certified twenty-four Connecticut cities and towns as exemplifying best practices in land use and economic development. These twenty-four communities subjected themselves to a rigorous application review process that required documentation of their procedures for development projects and consideration of their economic development strategy.   
 
This year's certified communities are the:  Town of Bethel, Town of Bolton, City of Bridgeport, Town of Brookfield, Town of Canton, City of Groton, Town of Ellington, Town of Fairfield, Town of Farmington, City of Hartford, Town of Madison, Town of Manchester, City of Milford, City of New Haven, Town of New Milford, Town of Newtown, Town of North Haven, Town of North Stonington, City of Norwich, Town of Portland, Town of Groton, Town of West Hartford, Town of Windham, and Town of Windsor. Read More 

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Yale faculty pioneer development and testing of portable MRI device   
Yale researchers have agreed to develop, deploy, and test a new portable MRI scanner, a device its developer hopes will cost a fraction of that of traditional MRIs and make the new imaging technology available in clinics in the U.S. and around the world.

The device, called Portable Point-of Care MRI System, was developed by Hyperfine Research Inc., a part of the Guilford, CT-based medical technology incubator 4Catalyzer. Currently, because of their high magnetic fields, scanners can only be used in secure areas. This new approach may bring the portable MRI to the patient, enabling increased access to a powerful technology.

Under the collaboration agreement between Hyperfine and the Yale School of Medicine, a group of Yale doctors at Yale New Haven Hospital headed by Dr. Kevin Sheth,  professor of neurology and neurosurgery, will use the device to scan patients with a variety of brain pathologies such as stroke, brain swelling, and tumors. They will then compare that data with images of the same patients taken with traditional MRI and CT scans, and will collaborate to develop tools that aid in the interpretation of images. Read More 

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University of New Haven Announces First-of-Its-Kind Academic Program on Business of Esports    
The University of New Haven announced today that it is establishing a comprehensive academic curriculum in esports management that will be the first of its kind to be part of a business curriculum accredited by AACSB International, an accreditation that places the University's College of Business among the top five percent of business schools worldwide.

The introduction of the University's esports curriculum will begin with the launch of a concentration in esports management as part of the University's bachelor's degree in business management. The new concentration will begin enrolling students for the fall of 2020.

In addition, the University will create an interdisciplinary undergraduate program in esports and a companion master's program in esports and technology, the first such graduate program in the U.S. A 2,500-square-foot esports training and competition center is a centerpiece of the University's $35 million Bergami Center for Science, Technology, and Innovation, scheduled to open in the spring of 2020. Read More 


10/30 8:30 a.m.-2 p.m. CT DECD presents an Opportunity Zones Workshop at Omni New Haven Hotel at Yale Read More
 
10/30 2:30-5:30 p.m. Partnership for Strong Communities presents Land Banks and Conservatorship: Connecticut's New Tools to Stabilize Neighborhoods Read More 
 
11/25 8:30-11:30 a.m. Northeast Multimodal and Transit Summit - Morning Meetup at Fussy Coffee
Read More
 
4th Annual CT Entrepreneur Awards nominations due December 1 Read More  

"iHaven" Entrepreneurship Program Launched   Read More