Hartford Business Journal

February 8, 2016

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G R E AT E R H A R T F O R D ' S B U S I N E S S N E W S w w w. H a r t f o rd B u s i n e s s . c o m For more B2B news visit FEBRUARY 8, 2016 Volume 24, Number 10 $3.00 Subscribe online Friday, March 18th, 2016 8:30 a.m. – 1:00 p.m. Hartford Hilton L E A R N I N N O V A T E C O L L A B O R A T E S A V E SUMMIT ANNUAL 's Index ■ Week in Review: PG. 6 ■ The List: PG. 10 ■ Deal Watch: PG. 12 ■ Movers & Shakers: PG. 18 ■ Nonprofit Notebook: PG. 18 ■ Opinion & Commentary: PG. 20 Flying Strong Timely deals, diversification and China have helped 71-year-old Bloomfield aerospace manufacturer Kaman Corp. fend off choppy headwinds. PG. 3 EXECUTIVE PROFILE Tall Task Andrew Agwunobi grew up poor in a remote village in Scotland. Today he's running a $1-billion enterprise as UConn Health's CEO and executive vice president for health affairs. Read about his journey. PG. 5 CT Innovations looks beyond U.S. for investments By Matt Pilon mpilon@HartfordBusiness.com C onnecticut's quasi-public venture capital arm is planning to throw its support behind the state's efforts to attract foreign companies. Connecticut Innovations (CI), which hired a new CEO last year, is planning an international venture capital contest, open to U.S. companies, that would culminate late this year with several million dollars in debt and equity investments in winning firms that agree to move to the Nutmeg State. CI is calling the contest the "global venture challenge" for now, but will unveil an official name once it rolls out its market- ing push in the U.S. and abroad. FOCUS: NONPROFITS Nonprofit news in CT grows as legacy media shrinks By John Stearns jstearns@HartfordBusiness.com N onprofit journalism in Connecticut is alive and well, even thriving, according to some industry representatives, whose focus on independent, watchdog journalism is attracting more audience and revenues, the lat- ter of which are plowed back into the journalis- tic mission rather than shareholders' pockets. Still a relatively young field — excluding Con- necticut Public Broadcasting Network and its stable that includes WNPR — nonprofit sites like The Connecticut Mirror (www.ctmirror.org) and New Haven Independent (www.newhaveninde- pendent.org) that emerged to fill what they saw as coverage voids in key areas left by so-called legacy media are bullish on their futures. "I'm really pleased with the way it's going," said Claude Albert, editor of The Connecticut Mirror and a former managing editor at the Hartford Courant. "I think editorially, we're doing coverage that makes a real difference in the state of Connecticut." The Mirror's prime focus areas include politics, the state budget, education, health care and the environment, covered by former reporters from the Hartford Courant and other statewide newspapers. They also have a Washington D.C. reporter. The Mirror's content is often picked up by legacy media outlets that rely on the coverage in the face of shrinking newsrooms. Albert said page views for The Mirror and Continued on page 8 Continued on page 16 Connecticut Mirror Editor Claude Albert, seen in the Mirror's newsroom in the State Capitol press office, is proud of his staff's journalism and bullish on the organization's future. INTERNATIONAL RECRUITMENT H B J P H O T O | G R E G O R Y S E A Y P H O T O | C O N T R I B U T E D Clean energy scales up Connecticut may soon source more of its clean energy from within its own borders, if five newly pro- posed solar and fuel cell projects are successful in winning a unique and ongoing multi-state bidding process. PG. 14 Several developers have proposed Connecticut solar farms, one as large as 44-megawatts. That's roughly eight times the size of this East Lyme solar farm, developed by Middletown's Greenskies Renewable Energy. P H O T O | G R E E N S K I E S R E N E W A B L E E N E R G Y In his first full year as CI CEO, Matt McCooe plans to expand the VC investor's focus.

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