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Lamont Announces Two Initiatives for Place-Based Economic Development in Connecticut

  • Connecticut debuts initiatives for “place-based” economic development committing up to $200 million over the next five years
  • Innovation Corridor will fund at least two proposals seeking to make transformational change to major urban areas or regional economic centers
  • Connecticut Communities Challenge will provide smaller grants for projects to improve the livability, vibrancy, and appeal of communities
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SBA Hosting National Veterans Small Business Week Nov. 1-5

  • National Veterans Small Business Week running Nov. 1-5
  • 33 events, mostly online, provide information on business fundamentals and veteran-oriented resources
  • Occasion is geared to both active duty service members and veterans, as well as military spouses and National Guard and Reserve members
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Is There a Chill in Here? How Cold Workplaces Can Put a Freeze on Productivity

  • Battles over thermostat settings are common this time of year, with some workplaces trying to avoid turning on the heat for as long as possible
  • Cold temperatures can lead to a loss of focus and productivity in employees
  • Options for maintaining comfort range from space heaters to exercise breaks
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Creating a Workplace Culture That Empowers Employees to Give Honest Feedback

  • Employees are often reluctant to share feedback and opinions with managers, even if managers encourage them to do so
  • Recent research suggests that emphasizing that employees have a choice in how business is conducted can yield better results
  • Choice plays a strong role in a person’s workflow, so highlighting it as a key part of company culture can resonate with workers
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Business News Roundup, Oct. 17, 2021

Debates over the costs of taking action or not taking action on a major social and environmental bill, eased travel rules, new guidance on cryptocurrency, investments in fusion technology, and conversions of Connecticut hotels to apartments are among the top…

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How Small Retailers Can Cope With Supply Chain Challenges This Holiday Season

  • Consumers are being urged to start their holiday shopping early due to supply chain disruptions
  • Higher prices and delayed shipments among the headaches facing retailers
  • How small business owners can work toward resilient supply chains to avoid disappointing customers
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Banking Group: Consumer Delinquencies Hit Record Low in Q2 2021

  • Consumer delinquencies hit a record low across a number of delinquencies, according to the American Banking Association
  • Report does not include business loans, but encompasses a wide range of home, auto, and personal loans
  • Delinquencies highest in home equity loans and lowest in personal loans
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Can 5G Help Boost Your Business?

  • 5G wireless networks provide improved internet capacity and speed, allowing small businesses to ramp up their digital strategy
  • New services can allow for better employee efficiency and customer experiences
  • T Mobile for Business post looks at the potential benefits available to companies
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Strategic Partnerships Businesses Can Form to Reduce Their Greenhouse Gas Emissions

  • Gartner Inc. highlights three strategic partnerships businesses can form to reduce greenhouse gas emissions
  • Partnerships extend outside efforts to pursue internal emissions reductions
  • Third party logistics providers, customers, and industry peers can have a significant impact
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Business News Roundup, Oct. 15, 2021

Rent hikes contributing to inflation, a boost in retail spending, and supply chain issues affecting Connecticut businesses are among the top business news items this morning. National Rent hikes are contributing to inflationary pressures and could lead to more persistent…

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