February 14, 2022Edition

🔒CTNext’s new leader Obiocha, legislature aim to expand state’s startup ecosystem

In January 2020, when Melissa Melonson transitioned and rebranded her marketing agency Lumi Hospitality to focus almost exclusively on the leisure, travel and real estate industries, she could not have […]

🔒New York Community Bank eyes CT presence following merger

A New York bank with $59.5 billion in assets is preparing to enter the Connecticut market. New York...

🔒Ignoring buyout offers, Hartford investment firm Bradley, Foster & Sargent expands employee ownership stakes to remain independent

Hartford-based investment management firm Bradley, Foster & Sargent (BFS) brought in new leadership and additional staff in...

🔒Big banks accelerate branch closures, while small lenders expand geographic footprints with new locations

The great American bank branch shakeout continued in 2021, with lenders closing a net 59 brick-and-mortar locations...
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🔒CT Tech Council, hampered by declining membership and pandemic pains, looks to restore former luster, influence

For the Connecticut Technology Council (CTC), the COVID-19 pandemic has been uniquely disruptive, as it has for...

🔒Residential geothermal company Dandelion, fresh off local acquisition, eyes ambitious growth in CT

A New York-based geothermal home heating and cooling installer is making new inroads into Connecticut, a sign,...

🔒Many CT businesses breathe ‘sigh of relief’ after federal vaccine mandate is withdrawn

Following the Biden administration’s withdrawal last month of a COVID-19 vaccine and testing mandate, many larger Connecticut...

🔒Interim President Maric leads UConn’s efforts to become a top-flight research university

Competition among U.S. colleges to win an increasing share of the billions of dollars in federal and...
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🔒As golf industry navigates changing landscape, some course owners, businesses realize new opportunities

Wallace “Ron” Ronald had the vision long before he had the location. Ronald, who has served as founder...

🔒Konica Minolta’s Windsor office building for sale via auction

Business office equipment supplier Konica Minolta, which has been downsizing its presence in Windsor over the years,...

🔒Sports retailer pays $1.3M for Burlington warehouse

The owners of a sports retailer with outlets in Avon and Bristol recently paid $1.3 million for...

🔒Pandemic fuels demand for, investment in self-storage facilities

In 2018 David and Beth Mesite paid $750,000 for Trackside Self-Storage in Plainville, seeing it as a...
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🔒With beefed up C-suite and board, Farmington medtech Diameter Health sets sights on 100-employee mark

Diameter Health CEO Eric Rosow said his company had record growth in 2021 and aims to continue...

🔒Family-owned Pilgrim Furniture undergoes leadership change, as housing boom, remote work aid pandemic recovery

Like many retail businesses, Pilgrim Furniture & Mattress City took a direct hit at the onset of...
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