Hartford Business Journal Special Editions

Doing Business in Connecticut 2018

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59 | DOING BUSINESS IN CONNECTICUT | 2018 2018 | DOING BUSINESS IN CONNECTICUT | 59 institutions that have tremendous impact on the development of new health care practices, products, treatments, and innovation, including The Jackson Laboratory in Farmington. Connecticut's citizens are fortunate to live near major educational institutions, including Yale and UConn, where cutting-edge discoveries are made, attracting new business and reinforcing healthcare's economic impact on the state. Learn more at cthealthcouncil.com. HYPE: ATTRACTING AND RETAINING YOUNG TALENT Attracting and retaining a talented younger generation is vital to grow and sustain economic development opportunities in the Hartford Region. These young professionals add to the educated workforce that makes Hartford one of the premier places in the country to do business, and also create a vibrant community by living in this region. Created in 2006, Hartford Young Professionals & Entrepreneurs (HYPE) helps young professionals better understand and utilize the assets in this area. HYPE positions the Hartford Region as an attractive area where young professionals and entrepreneurs can build and enhance their careers, while enjoying cultural, educational, and recreational assets and a top-notch quality of life. HYPE's mission is to help young professionals become better engaged in community life, expand professional and social opportunities, and become ambassadors for the Hartford Region – they help tell our story to the world. HYPE is one of the largest young professional networking organizations in the country, with more than 4,000 members. Encouraging cross-collaboration among agencies and organizations that offer programs and activities for young professionals and entrepreneurs, HYPE is active in the community hosting robust programs and promoting volunteerism as well as many events and activities of key partners. A core group of volunteers help to manage the more than 80 events hosted each year by HYPE's five Volunteer Committees; programs include social activities, professional development programs, community service volunteer opportunities, and civic events. HYPE gives back to the community in many ways, including its two signature events: Tee it Up for Charity at the Travelers Championship in June and Tons of Toys in December, both benefiting local community organizations. HYPE offers three ways to become a member: Company, Municipal and Individual. Whether you work for a company, a municipality or yourself, there's a place for you at HYPE where you can expand your personal and professional networks to propel your career. Learn more at hypehartford.com. INNOVATION DESTINATION: HARTFORD – ENTREPRENEURIAL SPIRIT ALIVE AND WELL Innovation and entrepreneurship are the backbone of the economic renaissance taking place in Hartford. In the past year, Hartford launched the CTNext-sponsored Innovation Places initiative, which introduced the Hartford InsurTech Hub and accelerator. The game- changing accelerator is designed to create an environment where established corporations and emerging technology companies in downtown Hartford collaborate to help lead the next wave of innovation and growth in the insurance industry. In April 2018, the accelerator held its first Demo Day showcasing 10 InsurTech startups from around the world to 500 investors, entrepreneurs, and interested parties. The Hub is managed by one of the most highly SPONSOR REPORT David Griggs, President and CEO, Metro Hartford Alliance. The MetroHartford Alliance partnered with the Hartford Yard Goats for a breakfast program highlighting the 2018 season.

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