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CEDAS E-News - April 2022


 

SAVE THE DATE:  CEDAS in partnership with AdvanceCT and the Department of Economic and Community Development (DECD) are excited to announce this year's Connecticut Economic Development Week, set for May 9th-13th!


Economic Development Week was created by the International Economic Development Council (IEDC) in 2016 to increase awareness of local programs that create jobs, advance development opportunities, and improve the quality of life in communities everywhere.

Mark your calendars for our 2022 events:

Monday, May 9th
Kick-Off to Economic Development Week with DECD

Tuesday, May 10th
10:00 to 11:00am
Women in Business

Wednesday, May 11th
10:00 to 11:00am
Marketing our Communities

Thursday, May 12th
10:00 to 11:00am
Arts & Culture & Economic Development: At the intersection of Arts and Main Street

Friday, May 13th
10:00 to 11:00am
Renewable Energy in the Real World

Further details to come in the next week including registration information for these exciting webinars.

If your community is planning to celebrate Economic Development Week in any way, please let us know so that we can help spread the word by highlighting your efforts and celebrate your achievements by reaching out to CEDAS President Kristen Gorski directly at Kristen.Gorski@WestHartfordCT.gov.

Jim Burke Retires as Windsor's Economic Director


Jim Burke has retired as Windsor’s Economic Development Director after 21 years of service to the community.  Prior to Windsor, Jim served more than two decades as economic development director for Dubuque, Iowa.  During Jim’s tenure, Windsor grew in importance as a regional employment center capitalizing on its strategic location between Hartford, CT and Springfield, MA in New England’s Knowledge Corridor, as well as proximity to Bradley International Airport.  Jim facilitated projects that created over 7,000 new jobs and resulted in approximately $900 million in economic activity.  Millions of square feet of additional office and industrial building space was constructed in key industries including financial services, precision manufacturing, logistics, data management and hospitality.  The Day Hill Corporate area and New England Trade Port landed many recognizable national and international companies through Jim’s efforts and helped keep Windsor’s tax rates competitive.  Jim was also instrumental in the redevelopment of key properties in Windsor Center benefiting from the Hartford Line regional commuter rail service which began in 2018.  These included a mill conversion into the 50-unit First Town Square condo project, as well as the Windsor Station Apartments containing 130 market-rate units directly across from the passenger rail station.  Jim was an active member of the Bradley Development League Operations Committee, and served for many years on the Board of the Connecticut Economic Development Association.

Senate Approves Bill That Would Study Expanding R&D Tax Credit To Small Businesses


The state Senate has passed a bill that requires multiple state agencies to study the impact of expanding research and development tax credits to small businesses.

The bill, Senate Bill 351, would direct the state Department of Economic and Community Development, in consultation with the state Department of Revenue Services, to study the possibility of extending R&D tax credits to pass-through entities including LLCs, sole proprietorships, and S-corporations.

Click here to read more.

Economic Development Career Opportunities


Check the CEDAS website periodically for new career opportunities in economic development. Currently, the following positions are seeking applicants:
  • Economic Development Specialist, Town of Wallingford
  • Planner II - Neighborhood and Community Planning, City of Groton
  • Economic Development Director, City of Derby
Learn more...

If you have a position you would like to post, email it to info@cedas.org.

ICYMI: Economic Development Trends & Insights Webinar Series


CEDAS, along with Goman + York, held the fifth and final session in our series on Thursday, April 14h.  The session focused on brick and mortar retail.

Click here to view the recording from that session.

USDA Announces Intent to Establish Subcommittee on Rural Community Economic Development for its Equity Commission

USDA also seeks nominations for subcommittee
 

The U.S. Department of Agriculture (USDA) announced it will establish a Rural Community Economic Development (RCED) Subcommittee as part of the recently launched Equity Commission. Nominations and applications for membership to the RCED Subcommittee are due on May 6.

Click here to read more.
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Development Trends Post-Covid Breakfast Panel

May 5th, Wallingford
Click here to learn more about this event and to register.

SBA 8(a) Business Development Program

May 19th, Online
Click here to learn more about this webinar and to register.

Save the date!  Connecticut's Open House Day

June 11th

Click here to read more.
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If you have any comments or suggestions to add to the newsletter, please email: info@cedas.org.
Copyright © 2022 CEDAS: Connecticut Economic Development Association, All rights reserved.


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