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The “Hot-Spot” Takes Off
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Business New Haven
1/7/2002
By: BNH
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If Gov. John Rowland has his way, Connecticut will attract a lot more information technology and bioscience companies to the Nutmeg State. The state's newest effort to draw businesses to the state is a campaign promoting Connecticut as a “high tech hot-spot” worthy of the same attention as California's Silicon Valley and Boston's Rte. 128. The campaign will use a strategy incorporating public relations, advertising and special events. To help push it along, a new office of Bio-Science-one of the first state offices devoted exclusively to providing development assistance to bioscience firms-has been created. The office's recruitment efforts will be led by Harry H. Penner, Jr., former President and CEO of Branford-based Neurogen Corporation.
Information technology is the fastest growing sector of Connecticut's economy. Bioscience research and development expenditures now stand at more than $3 billion annually.
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