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Doing Business in Connecticut 2018

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17 | DOING BUSINESS IN CONNECTICUT | 2018 2018 | DOING BUSINESS IN CONNECTICUT | 17 Connecticut Innovations What is it? Connecticut Innovations (CI) is Connecticut's strategic venture-capital arm and is the leading source of financing and ongoing support for innovative, growing companies. What does it do? CI provides venture capital and strategic support for early-stage technology companies, financial support for innovation and collaboration, and connections to its well-established network of partners and professionals. For more information, please visit www.ctinnovations.com. CTNext, a wholly owned subsidiary of Connecticut Innovations (CI), is a dynamic organization with a mission to foster innovation and build a more robust and collaborative entrepreneurial environment within Connecticut. How do I learn more? Visit www.ctnext.com Matthew McCooe, CEO Connecticut Business and Industry Association What is it? CBIA is the largest business organization in the state with thousands of business members. What does it do? First and foremost, CBIA serves as an advocate for its members, the business owners of Connecticut. It seeks to promote a business climate that is globally competitive and it encourages communication and cooperation among businesses, government, the private sector and the general public. It also provides programs to help businesses, including insurance and employee benefits. How do I learn more? Visit www.cbia.com Joe Brennan, president & CEO Looking to start a business in Connecticut? Looking to expand? Or looking to relocate an existing firm? There are a wide variety of public and private organizations established to help foster business growth within The Nutmeg State. The key resources for businesses in Connecticut are outlined within the next few pages. CONNECTICUT BUSINESS RESOURCES Connecticut Department of Economic and Community Development What is it? DECD is a state agency that serves as a lead organization in charge of promoting economic development in the state. What does it do? A lot. DECD is responsible for several critical programs: business development, brownfield redevelopment, tourism, the arts, and historic preservation. DECD offers a variety of incentives for business growth, including loan programs for small, medium- and large-sized businesses. The Office of Brownfield Remediation and Development has helped clean up hundreds of polluted sites throughout the state. The Office of Tourism helps market the state as a place to visit and vacation. The Office of the Arts manages grant programs aimed at strengthening the arts in the state. And finally, the State Historic Preservation Office manages a range of federal and state programs that preserve our state's unique character. How do I learn more? Visit www.ct.gov/ecd Catherine Smith, commissioner

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