Malloy plans initiative to encourage entrepreneurs
HARTFORD — While the hundreds of millions awarded to corporate giants like ESPN and UBS as part of his “First Five” program have seized all the headlines, now Gov. Dannel P. Malloy wants to focus on growing new companies from the ground up.
On October 6 Malloy announced the launch of Startup Connecticut, a new initiative intended to facilitate high-growth entrepreneurship throughout the state. Startup Connecticut is part of a national network of state and regional efforts coordinated by the Startup America Partnership, a national organization working to help young companies grow in order to create jobs in the country. Connecticut becomes the third state in the nation to adopt its own regional initiative.
“Connecticut has always had a reputation as the home to innovative companies, technologies and workers,” said Malloy. “But in recent years, people have begun to wonder if Connecticut’s best days are behind it. Nothing could be further from the truth.
“In finding new and innovative ways to compete in a 21st century economy, we also have to find new ways to reinvent Connecticut. I believe we have yet to effectively harness our potential to create new companies, help those already here, and maximize the job-creation potential of both. The launching of Startup Connecticut will give us a series of coordinated efforts to improve our track record now.”
Over the past five months Malloy administration officials have met with entrepreneurial, business, government and academic to discuss measures that should be taken to improve Connecticut’s efforts to support entrepreneurship and innovation. They concluded that better organization, coordination and networking of existing entities augmented buy ambien online no prescription targeted new programs would produce the best results for the state, rather than starting from scratch.
The program will focus on areas including a hub design that will see regional centers established and valium online by statewide efforts to bring technology, concept testing, mentors, funding and business connections to firms that need them.
Additional information about Startup Connecticut can be found at startupct.org.
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