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n e w h a v e n b i z . c o m | A p r i l 2 0 2 1 | n e w h a v e n B I Z 3 F r o m T h e E d i t o r s Volume 4 • Number 4 • April 2021 New Haven Biz 900 Chapel Street, New Haven, CT 06510 (203)-937-2148 • www.newhavenbiz.com EDITOR Greg Bordonaro MANAGING EDITOR Michelle Tuccitto Sullo CONTRIBUTING WRITERS Matt Pilon Melissa Nicefaro Jordan Grice Natalie Missakian Frank Rizzo Patricia Villers DESIGN DIRECTOR Mitchell Hayes PRODUCTION DIRECTOR Kira Beaudoin PRESIDENT & PUBLISHER Tom Curtin CHIEF EXECUTIVE OFFICER Peter Stanton CHIEF FINANCIAL OFFICER/CHIEF OPERATING OFFICER Mary Rogers DIGITAL DIRECTOR Jan Holder AUDIENCE DEVELOPMENT DIRECTOR Valerie Clark EDITORIAL DIRECTOR - CT Greg Bordonaro NEW HAVEN BIZ (ISSN 2639-605X), is published six times annually, 900 Chapel St., 10th Floor, New Haven, CT 06510. Copyright 2018. All rights reserved. Subscriptions: Annual subscriptions are available for $29.95. To subscribe please email circulation@newhavenbiz.com or contact our circulation team at 203-937-2148 ext. 4 New Haven BIZ accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. A division of: New Haven BIZ is a publication of New England Business Media, LLC. T he arrival of spring invariably brings a sense of hope. With the COVID-19 vaccination campaign well underway, and state restrictions on businesses loosening, there is optimism that we will once again see a semblance of normalcy in the months ahead. Several stories in this issue of New Haven Biz spotlight positive developments for our state, region and the business community. Connecticut Innovations' decision to move to a denser urban environment in the Elm City, from its former home in a generic office park in Rocky Hill, was a strategic one — aimed at boosting the state's image as an up-and-coming innovation hub. Its swanky new location will be key in the years ahead as it invests $200 million in Connecticut startups over the next half-decade. In another feature, you'll read about Spinnaker Real Estate Partners and its vision for the future of the long-vacant grounds of the former New Haven Coliseum. e developers aim to transform it into a bustling development of mixed uses including retail, restaurants and residential space. We spoke with Ginny Kozlowski, executive director of Visit New Haven and other regional organizations aimed at boosting tourism and the economy. Read on for her insights on what the coming months have in store for Greater New Haven's tourism industry. Also in this issue, we spotlight how returning to work has been challenging for people who are COVID-19 "long-haulers," who are dealing with long-term effects from the virus. is issue also has an accounting focus, with information useful to any business owner. Read more about how the pandemic and resulting increased use of technology have caused a spike in cybercrime, and what experts suggest you can do to avoid being victimized. Additionally, someday, every business owner must contemplate what will happen to their company in the long term. is edition covers succession planning and how to prepare for your business' future without you. We hope you enjoy the April issue. Please send us your feedback and story ideas. n Michelle Tuccitto Sullo, Managing Editor msullo@newhavenbiz.com Greg Bordonaro, Editor gbordonaro@newhavenbiz.com Spring breeds fresh optimism 4 | Business Briefs 5 | By The Numbers 6 | Corner Office 8 | Biz Spotlight C o n t e n t s Michelle Tuccitto Sullo T H E L I S T S 21 | Largest accounting firms, Greater New Haven 23 | Largest accounting degree programs in Connecticut newhavenBIZ 24 | Arts & Business 26 | What's the Deal? 29 | Viewpoint 29 | C-Suite 30 | Biz Starts 9 | On the Record: Ginny Kozlowski Kozlowski highlights what's ahead for Greater New Haven's struggling tourism industry. 10 | VC Accelerator Following Elm City move, CT Innovations eyes ambitious five-year plan to invest $200M in startups. 12 | Long-Haulers Workers with lingering COVID-19 side effects create new challenges for employers. 14 | Phoenix Rising Spinnaker Real Estate Partners shares redevelopment vision for New Haven's ex- Coliseum site. 16 | SPAC Attack CT companies get in on blank-check merger rush. 18 | Focus: Accounting Cybersecurity services in high demand with business world's online migration. 20 | Focus: Accounting Plotting your business' future without you F E A T U R E S D E P A R T M E N T S Greg Bordonaro 10 12 20