The Secretary of the State’s office has released a new data portal it says could potentially help government agencies identify gaps in economic activity as well as successful regional models to replicate.
The new portal maps business formations throughout the state. Secretary of the State Denise Merrill said, in a statement, mapping the activity shows where government investments are paying off, as well as successful public-private partnerships.
The information displayed by CTData revealed in 2015 there were more than 28,000 formations of corporations, limited liability companies and other types of businesses with the Secretary of the State’s office versus upwards of 15,000 formations in 1996. However, the numbers also reveal some wide geographic disparities. Many of the formations are clustered in particular regions with far less activity in others.
The data portal provides access to 36 years of business registry data, said Michelle Riordan-Nold, executive director of the CT Data Collaborative. “We not only make the data available to the public but we provide users the ability to interact with, visualize, and compare the data.”
This is the first release of the project that will continue to get data updates and further refinements to the interactive features based on user feedback. The portal is available here.
