Connecticut continues to grow as a hotbed for life sciences, with companies like Talam Biotech, CellsBin,
EpiTET Therapeutics and Oxylus Energy all expanding there in 2024. Connecticut is ranked No. 4 in the U.S. for most employees with advanced degrees and No. 1 for college readiness and is home to 38 colleges and universities. Proximity between the major metro areas of New York and Boston also retains its strategic location. The state is aiming to expand its presence on the international stage. AdvanceCT officials and Gov. Ned Lamont traveled to Germany in July 2024 to meet with company
leaders. More than 100 German companies currently operate in the state, employing more than 12,400 residents and representing over 13% of the state’s EDI.
JobsCT: Eligible employers are offered a rebate of 25% of withholding taxes in three to seven years from net new employees for more than 25 jobs. The rebate
increased to 50% for projects located in an Opportunity Zone or distressed municipality.
Sales & Use Tax Exemption: Administered by Connecticut Innovations, companies can receive an exemption from the state’s 6.35% sales & use tax for qualifying
capital asset purchases.
Angel Investor Tax Credit: Administered through Connecticut Innovations, this program provides qualified investors with a 25% credit against Connecticut’s
state income tax when they invest at least $25,000 in a Qualified Connecticut Business. The maximum credit per angel investor cannot exceed $500,000.
R&D Tax Credit: Qualified small businesses may claim up to 6% of the current year’s R&D expenditures as a tax credit and 20% of incremental R&D expenditures over the prior year. Gross income may not exceed $100 million.
Connecticut Department of Economic and Community Development
portal.ct.gov/DECD
AdvanceCT
advancect.org
Metro Hartford Alliance
metrohartford.com
Connecticut Economic Development Association
cedas.org
The Connecticut Certified Sites Program is a property identification and investment readiness program that showcases strategic location solutions suitable for corporate investment, supports soft and hard cost site improvements, decreases project uncertainty, shortens lead time and increases the likelihood of economic development wins.
Fifteen Fortune 500 companies headquartered in the state, including:
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
0
1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
