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>> Industry sPOtLIGHt Digital Media & Film 6 Doing Business in Connecticut | 2015 Source: Connec cut Economic Review Within 200 Miles of Hartford, Connecticut's state capital, there are… …40 million people, which is 13% of the popula on in the U.S. …11 million people with associate degrees or higher …4 million residents with advanced degrees $83,000 …an average household income of 21 million jobs …2 million businesses Connec cut ranks in the United States in terms of total land area, but don't let its small size deceive you… …the state ranks 4 th in terms of per capita Gross State Product. [ ] 48 th Hartford 5.5 Hours Flight Time to Europe 500 Miles 200 Miles Springfield Boston Manchester Albany New York Montpelier Montreal Washington DC Philadelphia Portland Toronto Buffalo Pittsburgh CT NY VT NH ME RI NJ PA The region has… ABOUT CONNECTICUT › Editor's Note C onnecticut ranks 48th in the United States in terms of total land area, but don't let its small size fool you. e state ranks 4th in terms of per capita Gross State Product. at's just one of many high rankings Connecticut has received in recognition of its status as a great place to do business. Countless national and international com- panies can back up those numbers with stories of their own successful launch here. In 1925, Frederick B. Rentschler founded an aircra company in Hartford as a partially owned subsidiary of the Pratt & Whitney Company, a tool-making firm. Today, that sub- sidiary, based in East Hartford, is a division of manufacturing phenom United Technologies Corporation, and a global force in aviation. e engine manufacturer employs some 31,500 employees supporting customers in 180 countries. In 2013, Pratt's revenue was $14.5 billion. In 1965, Connecticut resident Fred DeLuca began his quest to become a physician, but he was short on cash. A family friend suggested he open a submarine sandwich store to help pay for his education, loaned him $1,000, and became his partner. Subway was born. By 1974, the original shop, in Bridgeport, was one of 16 Subways across the state. Next came the decision to franchise. Today, Subway is the world's largest sandwich chain, with more than 37,000 locations worldwide. ese are just two of thousands of successful firms that have gotten their start in the Nutmeg State. Our second edition of Doing Business in Connecticut introduces you to many more. We hope you enjoy our annual publication, dedicated to showcasing all that our state has to offer to new, existing and expanding businesses, to help them succeed and thrive. Happy reading. – Carol Latter Editor