EDA has received additional funding for those regions and communities in Connecticut impacted by natural disasters that occurred in FY21 & FY22. These Disaster Declarations are not associated with any COVID related injuries and only those injuries that occurred due to the result of Hurricane Ida and Tropical Storm Isaias in FY21 (FEMA Declarations Nos. 4629 & 4580) and Hurricane Henri in FY22 (FEMA Declaration No. 3564). Below you will find a list of those areas in CT eligible under the cited FEMA Declarations, to apply for potential funding for executing eligible activities.

Please see the link below to obtain more information and details provided for each of the specific FEMA Declarations. If your communities were impacted by these events and you would like to speak to me pertaining to potential financial assistance needed, please contact me as soon as possible as EDA must utilize the available FY21 & FY22 Disaster funds prior to the end of the Federal Fiscal Year end date of September 30, 2023. Read More

The Connecticut Department of Economic and Community Development’s (DECD) Office of Brownfield Remediation and Development (OBRD) is pleased to make the following announcement of funding availability under Round 17 (follow below links to the Notices Of Funding Availability (NOFA): 

• Municipal Grant Program – Remediation & Limited-Assessment (max. of $4 million)
• Municipal Grant Program – Assessment-Only (max. of $200K OR $500K for Land Banks/COGs)
• Targeted Brownfield Development Loan Program (max. of $4 million)

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What's New in Round 17

The Commerce Committee passed a bill that would tap 25% of the funds raised through the existing statewide tax on restaurant meals and put it toward grants for arts, culture and tourism organizations.

The committee also approved a bill that would allow small businesses to write off the costs of research and development, which Committee Co-Chair Joan Hartley, D-Waterbury, said is critical for small manufacturers trying to compete “in this particular economy, where we are engaging in i4.0, the Fourth Industrial Revolution.” Read More

Ready to head to the South Carolina Upcountry? Avelo Airlines is ready to take you there.

Avelo, the upstart airline that put Tweed New Haven Regional Airport back on a route map, will twice-weekly service from New Haven to Greenville-Spartanburg International Airport on June 22, the airline announced Thursday.

It will be Avelo's first new service addition to and from Tweed since beginning service to Wilmington, N.C., last June 30 — and will be the start-up airline's 15th nonstop destination from Tweed, one of Avelo's East Coast bases. Introductory fares begin at $49 and can be booked at AveloAir.com. Read More

Semiconductors, or chips, are tiny electronic devices that are integral to America’s economic and national security. These devices power tools as simple as a light switch and as complex as a fighter jet or a smartphone. Semiconductors power our consumer electronics, automobiles, data centers, critical infrastructure, and virtually all military systems. They are also essential building blocks of the technologies that will shape our future, including artificial intelligence, biotechnology, and clean energy.

Yet, while the United States remains a global leader in semiconductor design and research and development, it has fallen behind in manufacturing and now accounts for only about 10 percent of global commercial production. Today, none of the most advanced logic and memory chips—the chips that power PCs, smartphones, and supercomputers—are manufactured at commercial scale in the United States. In addition, many elements of the semiconductor supply chain are geographically concentrated, leaving them vulnerable to disruption and endangering the global economy and U.S. national security. Read More