Economic Development News & Updates in
Greater New Haven
Technology Talent Bridge: Your Business Can Hire the Top-Quality Interns You Need with a TTB Grant from CTNext
With a grant from CTNext’s Technology Talent Bridge (TTB), your startup or early-stage business can hire interns to help you get the work you need done in the short-term, and help you find and recruit the skilled talent you need to propel your company forward.

  • We provide grants – up to $25,000 – to help you attract top-notch interns
  • You can hire up to 5 interns under the TTB grant
  • But the deadline - May 1 - is approaching quickly!

Learn more about the Technology Talent Bridge program and how to apply here: ctnext.com/programs-and-resources/programs/technology-talent-bridge/.

Apply as soon as you can - these funds are not unlimited. And while TTB grants are available to fund internships year-round, the vast majority are offered in the summer. Don't delay!

Shuttered Venue Operators Grant
The Shuttered Venue Operators Grant (SVOG) program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance.

Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees. Read More
American Rescue Plan of 2021 Logo
Branford development site goes to market
A 120-acre parcel in Branford that was once home to Bittersweet Farm seems poised for development, as the property’s owners are selling the land.

Belfonti Companies and A. Secondino and Son announced this week they have entered into an exclusive listing agreement with commercial real estate firm Cushman & Wakefield of Connecticut Inc. to sell the site.

The companies indicated they expect it will be sold for the development of biotech/pharmaceutical offices and laboratories, warehouse/logistics space, distribution centers, or industrial/manufacturing facilities. Read More
Data updates on vaccine administration in Connecticut
The following data represents the total number of COVID-19 vaccinations administered in Connecticut, as reported to the state as of April 5, 2021. Read the Governor's April 7 press release for additional information: Read More
Avangrid clears hurdle toward $8.3B merger
Orange-based utility giant Avangrid is a step closer to merging with PNM Resources, an energy holding company headquartered in Albuquerque, New Mexico.

PNM provides electricity to approximately 800,000 homes and businesses in both New Mexico and Texas. The Texas-New Mexico Power Co., or TNMP, is its utility subsidiary.

Avangrid originally announced the planned merger last October. The cash offer is for PNM’s shares at $50.30 per share, for a $8.3 billion deal.

Avangrid and TNMP this past week reached a unanimous settlement with the staff of the Public Utility Commission of Texas for the merger plan. The commission is expected to consider the settlement in the coming weeks. Read More
More News & Events
June 2 & 3 ABCT: 2021 Virtual Pitch Day Registration Read More

Paycheck Protection Program (PPP) Extension Act of 2021 Read More

American Rescue Plan: Coronavirus Relief and Frequently Asked Questions Read More

Inbox Health Raises $15 Million in Series A Financing Round Read More

April 12th 2 p.m. SBA COVID-19 Relief Webinars for Vietnamese Speakers Read More

Yale College admits 2,169 applicants from record applicant pool Read More