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Doing Business in Connecticut 2016

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2016 | Doing Business in Connecticut 19 SPONSORED REPORT • United States Coast Guard Academy (in New London) ranked as the #1 regional college in the North The Next Generation Connecticut initiative between the State and UConn has greatly expanded research, educational opportunities and economic development in the STEM (Science, Technology, Engineering, Math) disciplines. To hone that edge, the state, its educational institutions and the private sector are forging workforce- development partnerships, including a $1 billion-plus commitment to STEM education in public schools and with UConn's Next Generation Connecticut initiative. A shared commitment to workforce development To nurture its abundant human resources, Connecticut has continued to make workforce development a top priority. In advanced manufacturing, for example, Connecticut's Manufacturing Innovation Fund earmarks training dollars through its Voucher, Incumbent Worker Training and Apprenticeship programs. As noted in the state's economic development strategy, Connecticut is a community of forward-thinkers, innovators and researchers. By aligning education more closely with the needs of the private sector, Connecticut is ensuring that future generations have the skills to transform our world. One of Connecticut's fastest-growing business segments is small businesses, particularly minority- owned businesses. The state's Minority Business Initiative provides access to funding, technical assistance, contracting opportunities and more. Learn more at CT.gov/MBI. Connect with us! www.CTforBusiness.com www.Facebook.com/CTDECD www.Twitter.com/CTDECD www.Linkedin.com/company/connecticut-department- of-economic-and-community-development/

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