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Almanac
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Business New Haven
4/17/2000
By: BNH
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DSL.net Gobbles
NEW HAVEN - DSL.net Inc. (NASDAQ: DSLN) announced that it acquired the majority of the business assets of Trusted Net Media Holdings LLC, an Internet service provider based in Marietta, Ga., on April 4. DSL.net currently provides services to small and medium-sized businesses in Marietta, and has a presence in several surrounding cities. DSL.net, Inc. is a high-speed data communications and Internet access provider that uses digital subscriber line (DSL) technology to provide high-speed Internet access solutions to small and medium-sized businesses, primarily in second- and third-tier cities throughout the U.S. As of February 1, DSL.net had provided service or had installed equipment in more than 140 cities.
$100K Kids
NEW HAVEN - YellowPen, a “Web-based knowledge management system,” won the top prize in the Yale Entrepreneurship Society's Y50K competition: $100,000 in cash and in-kind services. YellowPen founder John Leibovitz, a Yale Law School student, and his associates won $50,000 and an additional $50,000 worth of financial, legal and business services. Another student-run business, GenerationNet won, the$10,000 award for “social entrepreneurship.” The group plans to educate young people about public policy issues. The competition was open to any team including a Yale student, faculty member or staff member. Judges included venture capital investors and executives of already-successful businesses.
A Farmers Market for Shelton
SHELTON - Gov. John G. Rowland announced that the state's Department of Economic & Community Development (DECD) has awarded the city of Shelton a $395,850 Small Cities grant to develop a public farmers market. The city will use the grant to construct an 800-square-foot enclosed pavilion, kiosk and public restrooms in the center of Enterprise Commerce Park. Said Rowland: “The DECD has been working closely with the city of Shelton to make the Enterprise Commerce Park a success. This project demonstrates the state's commitment to working with Connecticut's communities and to develop and enrich our local economies.'' Located in the heart of Shelton, between Howe Avenue and the Housatonic River, the market will promote Connecticut agriculture. Local matching funds of $329,300 will pay for infrastructure improvements on property adjoining the site.
Gavin Defends SS Numbers on Returns
HARTFORD - Connecticut Tax Commissioner Gene Gavin has responded to concerns about the printing of Social Security numbers inside this year's state income tax returns. “I cherish my privacy as much as any taxpayer,'' said Gavin. “I am confident that the security controls that are built in to the Department of Revenue Services [DRS] system can prevent unauthorized use of taxpayer information. DRS is not aware of any misuse of taxpayer information due to information that is included in tax reform booklets.'' Gavin said that the state tries to improve the tax return procedure each year. He also said that efficiency and cost effectiveness were primary goals. “The steps we have taken over the years have enabled us to do things other states find difficult,'' Gavin said. “Such as returning refund checks to taxpayers within four days, Connecticut is the fastest on the planet in that area.''
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