Almanac December 2012

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Financial Responsible Rapping

NEW HAVEN — "">Higher One, which provides financial services and data analytics to over 1,250 college and university campuses across the U.S., announced the top winning video submissions for its “ "">Money on My Mind” contest. Higher One awarded $4,200 for the entries that shared the best advice for overcoming money management challenges while balancing school and non-academic life.

The top three cash prize winners, selected from over 150 entrants, attend Florida institutions: Michael Jones, a student at the University of Tampa won the grand prize of $2,000 for writing and performing a rap song of his financial challenges and solutions; first prize designation and $1,000 was awarded to Enamarie Montero, Miami Dade College; and second prize and $500 went to Mark Niedermann, who attends Valencia College.

More than 150 video submissions recounted how students triumphed over their personal financial challenges, and offered money management advice for new college students. “Our goal with Money on My Mind is to help students engage and influence their peers positively on the topic of financial literacy directly via social media, and it has proven very effective,” said Mary Johnson, Higher One’s financial literacy and consumer advocacy expert. “This year’s winners archived helpful and realistic advice that we look forward to sharing with students across the country.


Starting Them Young

HARTFORD — Junior Achievement of Southwest New England, which teaches business skills and ethics to young people, had a bang-up 2012. The group reached some 34,577 students during the year through the efforts of 2,500 classroom volunteers (most from the business world). With an annual budget of $1.25 million, JA serves 165 schools in 59 cities and towns, including 47 schools in 16 communities in south-central Connecticut. Visit to learn more about the group and its activities.


Making Book on New Haven

NEW HAVEN — The Elm City has made the 2012 list of “Most Eventful Cities” by Eventful Inc., a digital media company that connects consumers with live entertainment, movies and events. New Haven topped the “Bookworms” category of the small-city (under 150,000 population) rankings, followed by Alexandria, Va., Columbus, O., Seattle, Wash. And Fargo, N.D. (!). This category is purportedly based on number and quality of literary events a community hosts. The most “eventful” small city of all was Bellevue, Wash., while the top-ranking city of any size was (not surprisingly) New York.


Calling All Distaff Innovators

EAST HARTFORD — Do you know a female whose efforts deserve to be acknowledged in science, engineering, technology research or education, or is working in a company providing professional services to these communities, or is in a scientific, engineering or technology business management position?

If so, the Women of Innovation Planning Committee of the Connecticut Technology Council (CTC) is seeking nominations of women in Connecticut for recognition of their efforts in the technology, science and engineering fields for the 2013 Women of Innovation Awards Dinner. The ninth annual awards dinner will take place at the Aqua Turf in Southington next March 19.

All nominations are due December 31. Visit to learn more or to download a nomination form.


Water, Water Everywhere

BRIDGEPORT — The Aquarion Water Co. continue its expansionist ways. Earlier this month the utility announced the purchase of Indian Fields Homeowners Association’s water system in Brookfield, an independent system serving some 160 Brookfield residents. In 2011 and 2012, Aquarion purchased and integrated 56 Connecticut water systems into its portfolio, reinforcing the company’s ability to deliver high quality water to communities throughout the state.


TranSwitch Inks License Deals

SHELTON — TranSwitch Corp., a provider of semiconductor solutions for the consumer electronics and telecommunications markets, recently completed two licensing agreements with major network equipment OEMs for a combined $4 million. The agreements provide for the licensing of proprietary software enabling critical voice-over-IP gateway (VoIP gateway) functionality. The two contracts include software licenses, consulting and training.

“The licensed software is the product of many years of development and deployment in major telecom carriers and enables our licensees to continue future upgrades and investment in their Voice-over-IP products. As part of this arrangement, TranSwitch will continue to supply its telecom IC products,” said TranSwitch President and CEO Ali Khatibzadeh. “We are currently pursuing additional licensing opportunities with other telecom customers and I am pleased with the progress we are making in licensing both our telecom software and our high-speed interconnect intellectual property cores. In addition, we are making solid progress in marketing our telecommunication patent portfolio which should yield a successful outcome.”

Should Connecticut Give Special Incentives to Individual Companies?

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