Magazine
Subscribe
Editorial
Media Kit
Talk to us

News : Business Mar 7, 2013 - 7:00:18 AM


Malloy to sign legislation that helps CT small business expand and create jobs

By Governor Dannel P. Malloy's office





Font size: Small Big
Email this article
 Printer friendly page
Share this article:
facebook del.icio.us Yahoo! MyWeb Digg reddit Furl Blinklist Spurl
Buy the "As seen on" mug
HARTFORD, CT - Governor Dannel P. Malloy announced on Wednesday that he looks forward to signing legislation that was unanimously approved by the Connecticut General Assembly tonight making funds available for the state’s popular Small Business Express Program, which the Governor signed into law in 2011 and provides loans and grants to help small businesses spur job creation and growth.

“Small businesses are the backbone of Connecticut’s economy, and this popular program, which has received an overwhelmingly positive response from the business community, helps these companies increase their competitiveness and strengthen the state’s overall economy,” Governor Malloy said. “With the help of this program, Connecticut’s small businesses have been able to attract additional private financing, expand operations, and create good paying jobs with good benefits.”

“I want to again thank the General Assembly for their bipartisan support of the program. I look forward to signing this legislation so that we can replicate the many successes we have seen these small businesses achieve.”

The legislation (Senate Bill 801) authorizes $60 million in general obligation bonds for the program, increasing its total bond authorization to date to $160 million. The State Bond Commission will give approval on a portion of the authorization when it convenes on Wednesday, March 13.




© Copyright by StamfordPlus.com. Some articles and pictures posted on our website, as indicated by their bylines, were submitted as press releases and do not necessarily reflect the position and opinion of StamfordPlus.com, Stamford Plus magazine, Canaiden LLC or any of its associated entities. Articles may have been edited for brevity and grammar.




[an error occurred while processing this directive]




Note: We reserve the right to delete posts at any time if we decide that they are offensive or distasteful.
CURRENT HEADLINES:
Albany Devils 7, Hartford Wolf Pack 3
First County Bank Selects 3001 Stamford Square for its New Headquarters
Malloy: State launches Ebola information website
Tickets On Sale for The Nutcracker at Westport Country Playhouse
Mayor Martin Addresses Emergency Managers Regarding Stamford’s Ebola Preparedness


Top of Page










StamfordPlus.com is part of the Canaiden Online Media Network.
Stamford Plus Online | Norwalk Plus Online | Canaiden.com | Best of Norwalk | Best of Stamford | Hauterfly Magazine | SummerCampPlus.com

Copyright ©2005-2010 Canaiden,LLC All Rights Reserved.