NewHavenBIZ

New Haven Biz-August 2021

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n e w h a v e n b i z . c o m | A u g u s t 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 8 • August 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 STAFF WRITER Liese Klein CONTRIBUTING WRITERS Matthew Broderick Sean Teehan David Krechevsky Frank Rizzo 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 twelve 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. L eadership is key to any organization's success, whether it is a private business, university or nonprofit organization. In this issue of New Haven BIZ, we put the spotlight on multiple people in leadership roles whose organizations are facing pivotal times. Our Q&A feature this month is with Paul Lemmo, who recently took over as president of Stratford-based helicopter manufacturer Sikorsky. e company is currently competing for key government contracts that will dictate its future growth, including locally in Connecticut. We also spotlight longtime higher-education professional Danielle Wilken, the new president of the University of Bridgeport, which is working to put its past financial struggles behind it via new collaborations. Leadership also means finding growth opportunities. Another story highlights how a third generation is preparing for leadership at Meriden's Jonal Laboratories, where the company is seeking new markets for its seals and other aerospace products. In this issue, you can also read about boutique venture capital firm Elm Street Ventures, which provides early-stage support for startup companies, many of which are arising from Yale bioscience research. e COVID-19 pandemic has had a negative impact on restaurants everywhere. As more people are going out to eat in Connecticut, downtown New Haven area restaurants are taking unique steps to lure customers in. Local eateries are showcasing fresh faces, fresh flavors and new ways of dining out. We hope you enjoy the August issue. Please send us your feedback and story ideas. Michelle Tuccitto Sullo, Managing Editor msullo@newhavenbiz.com Greg Bordonaro, Editor gbordonaro@newhavenbiz.com From the captain's seat 4 | Around the Region 5 | By The Numbers 6 | Corner Office 7 | Startups, Technology & Innovation 8 | On the Record | Q&A C o n t e n t s Michelle Tuccitto Sullo T H E L I S T 20 | Largest private companies in greater New Haven newhavenBIZ 24 | Arts & Buisness 26 | What's the Deal? 29 | Viewpoint 29 | C-Suite 30 | Biz Starts 8 | Taking Off New Sikorsky president Lemmo helms company as it builds faster, more advanced helicopters. 10 | Dining in New Haven 5 trends to watch as more business leaders, patrons head back to restaurants. 12 | Race to Market Now that a 300-page cannabis bill has passed, regulators, others face monumental task getting industry off ground by 2022. 14 | Inustry Catalyst Elm Street Ventures helps power New Haven biotech boom. 16 | Eye to the Future New University of Bridgeport president sees growth, stability ahead. 18 | Growth Spurt Despite pandemic, New Haven architectural firm Pickard Chilton adds to new projects. F E A T U R E S D E P A R T M E N T S Greg Bordonaro 10 12 18

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