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HSEP's Blog,
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Popular Articles
Presentations from HSEP State of the Region Conference Available Online
The 2010-11 Western Massachusetts Economic Review is Available
View HSEP's 10th Anniversary Video
MassDevelopment helps Acacia Communications expand
Coke installs UTC fuel cell in East Hartford
4,000 new jobs in Massachusetts
Pratt soaring on more air-show deals
Connecticut is home to three of the biggest economic development agencies in New England
Farms in Western Massachusetts win state grants for environmental improvements
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Featured Articles
CT awarded $30 million for rail project that runs through Hartford
Explore NorwalkPlus.com (May 9 2011) Hartford, Conn.
CT awarded $30 million for rail project that runs through HartfordNorwalk Plus MagazineHartford's historic Union Station is the destination for more than 700000 passengers and visitors each year. “Hartford's role as a job and transit hub is very much a part of our 'One City, One Plan' for conservation and development. ...and more » (Read Full Article)
Comment Mentions: Hartford Connecticut
Nijhawan joins Mass. Technology Development Corp. board
Explore Mass High Tech Business News (May 9 2011) Springfield, Mass.
Former venture capitalist Vinit Nijhawan, the managing director of Boston University’s Office of Technology Development, has joined the board of directors at the Massachusetts Technology Development Corp. (MTDC), the state’s main venture capital arm.
(Read Full Article)
Comment Mentions: Massachusetts Massachusetts Technology Development Corporation
Opportunity & Global Markets
Explore (May 6 2011) Hartford, Conn. , HSEP's Blog
Is inertia or lack of know-how standing between you and international markets? If the answer is yes, start working with the U.S. Commerce Department. I recently received an e-mail from Anne S. Evans, director of the U.S. Department of Commerce’s Connecticut office. It reminded me how close help is and that many Connecticut companies don’t know how easy it is to work with Anne’s group to access international markets. Anne and her staff are committed to delivering maximum support to Connecticut’s companies to grow and increase jobs. She and her staff work tirelessly to ... (Read Full Article)
Comment Mentions: Connecticut
Bradley Airport – Changing Direction?
Explore (May 6 2011) Hartford, Conn. , HSEP's Blog
Governor Malloy and the legislature are proposing to change how Bradley Airport is governed. Will the changes make Bradley be better?
There are two proposals. The first is one to strengthen the Bradley Board of Directors by include nearly all of the duties currently given to the commissioner of the Department of Transportation. The other is to create an Airport Authority, which is how most airports across the country are run. The Authority would govern not only Bradley, but the other state-run regional airports.
Both proposals claim they would take Bradley’s governance out of the hands of State employees ...
(Read Full Article)
Comment Mentions: Massachusetts Bradley International Airport
Attend the 17th Annual "Connecticut Learns and Works" Conference
Explore (May 6 2011) Hartford, Conn. , HSEP's Blog
The Connecticut's Department of Labor (DOL) is holding its 17th Annual "Connecticut Learns and Works" Conference on Friday May 13 at the Waters Edge Resort and Conference Center in Westbrook, Conn. This conference usually draws more than 300 employers, educators, counselors, employment and training specialist. This year's keynote speaker will be Bill Strickland, CEO and President of the Manchester Bidwell Corporation. Bill Strickland builds partnerships to help the disadvantaged build a better future. He's also the author of Make the Impossible Possible, which chronicles his story of how a kid from Pittsburgh's ghetto would go on ...
(Read Full Article)
Comment Mentions: Connecticut Connecticut Light & Power Co.
Mass. deposits $50M in small banks to spur growth
Explore HartfordBusiness.com (May 5 2011) Springfield, Mass.
Massachusetts has launched a program to spur economic growth by depositing millions of dollars of state money in community banks with the understanding that the funds are used to make small business loans, The Associated Press reports. (Read Full Article)
Comment Mentions: Massachusetts
Bay State employers gain confidence
Explore Home - BostonHerald.com (May 3 2011) Springfield, Mass.
Bay State employers gain confidenceBoston HeraldThe Associated Industries of Massachusetts said today that its Business Confidence Index rose 2.1 points to 56.1 in April, its best reading since August 2007. Employers surveyed by AIM "are generally positive about the situations of their own ...and more » (Read Full Article)
Mass. business confidence index rises
Explore Boston.com (May 3 2011) Springfield, Mass.
Mass. business confidence index risesBoston GlobeThe Massachusetts Business Confidence Index gained 2.1 points to post a 56.1 reading in April, its best reading since its 56.2 reading in August 2007, said the Associated Industries of Massachusetts, or AIM. AIM, the state's largest employer group, ...and more » (Read Full Article)
Comment Mentions: Massachusetts
Mass. med device exports grow
Explore Business News (May 3 2011) Springfield, Mass.
Massachusetts medical device exports are growing more rapidly than the state’s exports as a whole, according to a study commissioned by MassMedic, the state’s device industry association. The study, compiled by Deloitte, found that between 2001 and 2010, device exports grew by a compound annual growth rate of 11 percent, compared with a CAGR of 4.6 percent for overall exports. Medical devices represented 13 percent of all Massachusetts exports in 2010. In addition, exports from Massachusetts companies account for 10 percent of... (Read Full Article)
Comment Mentions: Massachusetts
State to invest $18M in UConn tech park
Explore HartfordBusiness.com (Apr 29 2011) Hartford, Conn.
State lawmakers, business leaders and officials from the University of Connecticut will announce plans Friday to invest $18 million for the construction of a new technology park on UConn's Storrs campus. (Read Full Article)
Comment Mentions: University of Connecticut
Bay State metros report construction gains
Explore Business News (Apr 26 2011) Springfield, Mass.
Massachusetts endured a year-over-year net loss of 1,300 construction jobs in March, although 10 of the state’s 12-largest metros still managed to hold even or add jobs during the year-long span. According to new data from the Associated General Contractors of America, seven of the Bay State’s largest cities and towns actually saw construction payrolls expand in the period analyzed, with the Leominster-Fitchburg region showing the largest year-over-year gain on a percentage basis (up 14.3... (Read Full Article)
Comment Mentions: Springfield Massachusetts
Commercial real estate market improving in CT, survey says
Explore TheDay.com (Apr 26 2011) Hartford, Conn.
“The latest data reflects a commercial real estate market that is still facing challenges in the form of cautious consumer spending and higher energy and oil prices,” according to a report issued by the Connecticut Business & Industry ... (Read Full Article)
Comment Mentions: Connecticut Connecticut Business & Industry Association CERC
GE, UTC lead Forbes’ CT rankings
Explore HartfordBusiness.com (Apr 26 2011) Hartford, Conn.
Fifteen companies headquartered in Connecticut made the latest list of Forbes ranking of the world's 2,000 largest publicly traded companies. (Read Full Article)
Comment Mentions: Connecticut Hartford Financial Services Group Aetna
Women-owned businesses growing in Connecticut
Explore HartfordBusiness.com (Apr 21 2011) Hartford, Conn.
Since the late 1990s, growth in Connecticut businesses owned by women far outpaced their national counterparts in overall revenues and number of employees. The state’s women businesses only lagged in total number of firms, which isn’t surprising given Connecticut lags behind the rest of the nation in new business starts, regardless of the gender of the owner. (Read Full Article)
Comment Mentions: Dannel Malloy Hartford Connecticut
Bay State's construction sector signals rebound
Explore Business News (Apr 20 2011) Springfield, Mass.
Massachusetts was among the 27 U.S. states that saw construction employment fall in the 12 months ended March 31, although the local market showed signs of recovery and fared comparatively well when compared to the hemorrhaging going on elsewhere in the country. The Bay State shed 1,000 jobs in the 12-month period analyzed, ending March with 105,900 jobs on record, according to the Associated General Contractors of America. While off on a year-over-year basis, the month’s employment was up 1,500 jobs, or... (Read Full Article)
Comment Mentions: Massachusetts
Springfield Mass. 1 of 5 'nexus' cities for the innovation economy
Explore Innovation Cities Program & Index (Apr 19 2011) Springfield, Mass.
The United States had 5 nexus cities named. Besides Boston, New York and San Francisco, the cities of Washington D.C. (23) and Philadelphia (30) were announced as nexus cities. There were 14 U.S. hub cities named: Seattle, Austin, Minneapolis-St Paul, Chicago, Ann Arbor, Los Angeles, Raleigh-Durham, Springfield Mass., Pittsburgh, Portland, Dallas-Fort Worth, Denver, Baltimore and Atlanta. (Read Full Article)
Conn. drafting governor's new development plan
Explore Hartford Courant (Apr 18 2011) Hartford, Conn.
Conn. drafting governor's new development planHartford CourantAP AP Business Writer Connecticut's new economic development chief said Monday she and other state officials are working up the details of Gov. Dannel P. Malloy's signature economic development program even while the legislature considers its merits ...and more » (Read Full Article)
Comment Mentions: Dannel Malloy Hartford Connecticut
The Hartford-Springfield Economic Partnership’s 2011 Interstate Business Survey
Explore news.westernmassedc.com (Apr 18 2011)
Please take advantage of this unique opportunity to help improve the business climate in our region. Below is a link to a short Interstate Business Survey being conducted by the Hartford-Springfield Economic Partnership (HSEP). (Read Full Article)
Comment Mentions: Springfield Hartford Springfield Economic Partnership
CT movie "Rio" No. 1 at box office
Explore HartfordBusiness.com (Apr 18 2011) Hartford, Conn.
The first animated movie produced entirely in Connecticut -- the blue bird comedy "Rio" -- topped the weekend box office, earning $40 million in its domestic debut. (Read Full Article)
Comment Mentions: Connecticut Blue Sky Studios
Lawmakers want money for Western Mass. high-speed rail
Explore Business News (Apr 15 2011) Hartford, Conn. , Springfield, Mass.
Lawmakers from Massachusetts, Connecticut and Vermont have asked the federal government for additional funding for high-speed rail service linking New Haven, Conn., Hartford, Conn., and Springfield, Mass. In a publicly released letter to U.S. Secretary of Transportation Ray LaHood, members of the U.S. House and Senate from the three states wrote that improving the line would “provide an important gateway for expanding passenger rail throughout New England...and spurring economic development in communities along the rail... (Read Full Article)
Comment Mentions: Hartford Connecticut Springfield
Mass. jobless rate falls to lowest point in two years
Explore Featured Articles From Boston.com (Apr 15 2011) Springfield, Mass.
The state unemployment rate fell in March to its lowest point in nearly two years, as Massachusetts employers added jobs for the sixth consecutive month, the state Executive Office of Labor and Workforce Development reported yesterday. (Read Full Article)
Comment Mentions: Massachusetts University of Massachusetts
Spurring area economic growth in CT subject of forum
Explore Mobile » Mobile (Apr 12 2011) Hartford, Conn.
PLAINVILLE — Residents on Thursday can learn details of an effort to spur economic development by using a regional approach. (Read Full Article)
Comment Mentions: Connecticut
CT collects $40M rail payment
Explore HartfordBusiness.com (Apr 8 2011) Hartford, Conn.
Connecticut received $40 million in previously allocated federal high-speed rail grants on Friday, to put toward double-tracking 10 miles of road between Newington and Meriden. (Read Full Article)
Comment Mentions: Dannel Malloy Hartford Connecticut
CT and MA among states vying for high-speed train money
Explore BusinessWeek (Apr 7 2011) Hartford, Conn. , Springfield, Mass.
States, Amtrak vying for high-speed train moneyBusinessWeek"They know that high-speed rail will deliver tens of thousands of jobs, spur economic development across their communities and create additional options for their citizens as the country's population grows," LaHood said in a statement. ...and more » (Read Full Article)
Comment Mentions: Connecticut Massachusetts
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