10/07/2024
Small business in Connecticut.
Yes, we have insurance, fiserv, and monsters of defense in the aerospace and submarine industries.
But small business accounts for 99% of all business entities in CT, and employs just under half of the state workforce.
With the leadership of Congressman Joe Courtney, the American Rescue Plan Act funded post pandemic recovery here and the Norwich Community Development Corporation (NCDC) made sure our small businesses benefitted.
The Norwich post-pandemic recovery has occurred at a greater rate than any of the states Top 20 largest cities when comparing the rate of change in the Connecticut Town Economic Index (CTEI) as calculated by the CT DOL.
It’s the commitment and resilience of hometown businesses and the support of our elected leaders that have insured the pandemic is behind us.
Onward!