Hartford Business Journal

June 27, 2016

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4 Hartford Business Journal • June 27, 2016 www.HartfordBusiness.com w w w. H a r t f o r d B u s i n e s s . c o m (860) 236-9998 E D I T O R I A L Greg Bordonaro Editor, ext. 139 gbordonaro@HartfordBusiness.com Gregory Seay News Editor, ext. 144 gseay@HartfordBusiness.com Matt Pilon News Editor, ext. 143 mpilon@HartfordBusiness.com John Stearns Staff Writer, ext. 145 jstearns@HartfordBusiness.com Keith Griffin Digital Producer/Reporter, ext. 127 kgriffin@HartfordBusiness.com Stephanie Meagher Research Director Heide Martin Research Assistant B U S I N E S S Joe Zwiebel President and Publisher, ext. 132 jzwiebel@HartfordBusiness.com Donna Collins Associate Publisher, ext. 121 dcollins@HartfordBusiness.com Jessica Baker Office Manager, ext. 122 jbaker@HartfordBusiness.com Amy Orsini Events Manager, ext. 134 aorsini@HartfordBusiness.com Kaleigh Hickey Events Coordinator, ext. 137 khickey@hartfordbusiness.com Christian J. 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To subscribe, visit HartfordBusiness.com, email hartfordbusiness@ cambeywest.com, or call (845) 267-3008. Advertising: For advertising information, please call (860) 236-9998. Please address all correspondence to: Hartford Business Journal, 15 Lewis Street, Suite 200, Hart ford CT 06103. News Department: If you have a news item: Call us at (860) 236-9998, fax us at (860) 570-2493, or e-mail us at news@HartfordBusiness.com Hartford Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Hartford Business Journal (ISSN 1083-5245) is published weekly, 52 x per year — including two special issues in December — by New England Business Media LLC, 15 Lewis Street, Suite 200, Hartford CT 06103. Periodicals postage paid at Hartford, CT. Tel: (860) 236-9998 • Fax (860) 570-2493 Copyright 2016. All rights reserved. Postmaster: Please send address changes to: Hartford Business Journal P.O. Box 330, Congers, NY 10920-9894 www.copyright.com CTNext developing companies feel welcome in Con- necticut, and ultimately stay and flourish here. Targeting a new market Finney reconnected with Shivaswamy on Facebook recently, after she and her husband returned to Connecticut from living and work- ing in Singapore and South Korea for five years. They discussed the consulting business she had founded overseas, the Alliance con- tract and how October Kitchen had evolved from an in-home model to a chef service that prepares meals from scratch in its Manches- ter kitchen, and then packages and delivers them to customers' homes in under 24 hours. As Finney recalls it, Shivaswamy told him that he should consider adding a shift and run- ning his business around the clock. They also plotted carving out a new niche in the corpo- rate sector. Right now, October Kitchen's clientele is mainly senior citizens and busy residents who find it difficult or too time-consuming to prepare meals on their own. Finney said his business has strict stan- dards about healthy meals and portions. He forbids adding too much salt to meals, or delivering food too high in fat content. A nutritionist reviews his menu. But with Shivaswamy's help, Finney has envisioned a new potential market. Many companies, or their insurance plans, reimburse workers for some or all of the cost of a gym membership. The theory is that exercise leads to better health, which leads to lower medical costs. What if, Finney wonders, those companies or insurers reimbursed employees for order- ing healthy meals from a service like his? The two are trying to figure out the best way to test the idea with one or more companies. There will be hurdles, such as convincing employers and insurers to give the idea a shot. "That's going to be hugely challenging," Finney said. But he plans to leave many of those details to Shivaswamy. Meantime, Finney is about to kick off a $75,000 expansion/redesign of his Manches- ter kitchen, including purchase of a high-end oven that can steam, bake and roast food and give him added capacity. He's also focused on increasing the amount of retail sales out of his Manchester facility. If everything goes as planned, Finney could hire five more people before year's end. And two years from now, he hopes to add a second location, perhaps in the New Haven area. "This has been in my head for two or three years," he said. "How do you get from point A to B to C without breaking the bank?" n

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