HARTFORD: Stanley Black & Decker (NYSE: SWK) and Techstars are taking applications period for the Stanley+Techstars Additive Manufacturing Accelerator.
Stanley Black & Decker and Techstars a manager of startup accelerators created a three-year partnership and the launch of the Stanley+Techstars Additive Manufacturing Accelerator in Hartford. The “mentorship-driven, entrepreneurial accelerator program will select 10 startups in the additive manufacturing space to participate in its first year.
The Stanley+Techstars Additive Manufacturing Accelerator will focus on additive manufacturing, which includes technologies that build 3D objects by adding layer-upon-layer of material. The materials range from plastics and metals to concrete, among others. The technologies may include 3D printing, rapid prototyping, direct digital manufacturing, layered manufacturing and additive fabrication
HARTORD: The Connecticut Business and Industry Association has asked its members, are they optimistic or pessimistic about the outlook for their firms?
The answers are to be found in the group's 2017 Third Quarter Economic and Credit Availability Survey.
There is some good news and not so good news as reported by respondents, both the percentage of business expecting improved conditions and those with a negative outlook rose in the third quarter. The survey shows significant increases over the previous quarter in both the percentage of firms reporting an improved outlook and those expecting worsening conditions.
Thirty-seven percent of survey respondents see improved conditions for their firm, up from 29% in the second quarter. However, 24% predict worsening conditions, a 10-point jump from the last quarterly survey. Forty percent forecast stable conditions, down from 57%.
"We found that several respondent groups are outperforming the norm on growth for their firms over the next three months," CBIA economist Pete Gioia said.