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News from State Senator Terry Gerratana

October 6, 2016

Capitol address
Legislative Office Building
Room 3000
Hartford, CT 06106-1591

E-mail me here

On the Web
Senator Gerratana

Capitol: 860-240-0584
Toll-free: 1-800-842-1420

UConn Graduates Landing Jobs Quickly After Graduation

UConn graduate
The state legislature has long been investing in UConn and the Connecticut students who attend school there, and our investments are paying off!

New figures show that four out of every five UConn graduates in the Class of 2016 got jobs within a few months of graduation, or are choosing to stay in school and earn advanced college degrees.

UConn's Center for Career Development recently found that 58 percent of recent UConn undergraduates are employed, and another 18 percent are continuing their education, four months after graduating from UConn (remember, 71 percent of UConn's latest freshman class are Connecticut natives who come from 164 of Connecticut's 169 cities and towns!)

Of those recent graduates who are now working in Connecticut, 78 percent attended high school in Connecticut, and even 30 percent of UConn grads who didn't attend high school in Connecticut still found employment right here in the state!

Some of Connecticut's most prominent employers are hiring UConn graduates, including United Technologies, Travelers, Cigna, General Dynamics/Electric Boat, The Hartford, Aetna, Deloitte, and several others. Typical jobs for UConn grads include engineer, analyst, auditor, project manager, registered nurse, software engineer, teacher and actuarial associate.

Perhaps earning your degree faster than most other college students in American helps you to land a job more quickly after graduation.

The National Student Clearinghouse Research Center recently revealed that UConn students are graduating in an average of 4.2 years, almost a full year ahead of the average bachelor's degree candidate at more than 3,600 post-secondary institutions nationwide.

UConn's rate of 4.2 years ranks it sixth among 58 public national universities. That means UConn students spend less on tuition by avoiding extra semesters, and are able to start their careers and begin earning salaries, before many of their peers.

CTNext Launches Entrepreneur 'Learner's Permit Program,' Announces Innovation Awards

CTnextCTNext, Connecticut's go-to resource for entrepreneurial support, has launched the Entrepreneur Learner's Permit program, which reimburses first-time business entrepreneurs for the filing, licensing and permitting fees usually associated with starting a business.

First-time entrepreneurs in the information technology, bioscience, and green technology industries can qualify to receive up to $1,500 in reimbursements.

CTNext has also recently announced the winners of its most recent Entrepreneur Innovation Awards, where Connecticut-based companies and entrepreneurs presented their ideas at a Shark-Tank-style event to compete for an opportunity to secure awards of $10,000.

The latest winners include:

  • Eureeka (New Britain): Creating decision-making software for logistics professionals.
  • EZ ICE, Inc. (New Haven): Manufacturing a kit for a custom and portable backyard ice rink that can be assembled in under an hour, with no tools and on any surface.
  • Medframe LLC (Storrs): Creating a protective covering for stethoscopes to avoid infections.
  • Pelletric LLC (Norwalk): Manufacturing a wearable device that gives accurate vital sign measurement.

CTNext has awarded $510,000 to 49 companies and entrepreneurs through the EIA, which began in February 2014.

The goal of CTNext is to build a more robust community of entrepreneurs and to accelerate startup growth by providing access to talent, space, industry expertise, services, skill development and capital to foster innovation and create jobs in Connecticut. CTNext launched in 2012 and has more than 1,500 members in its network.

Hartford Region Called a 'Knowledge Capital'

HartfordA new report from the Brookings Institution--a nonprofit public policy organization based in Washington, DC.--classifies Hartford as a "knowledge capital," putting it in the same company as Austin, Texas, Boston, San Francisco, Seattle and Atlanta.

Knowledge capitals are mid-sized, highly productive innovation centers. Cities are assessed for the opportunities and challenges they confront for powering the next wave of global economic growth. The analysis focuses on the 123 largest metropolitan economies in the world, which collectively account for one-third of global Gross Domestic Product (GDP) despite containing only 13 percent of global population.

Hartford is listed as having a nominal Gross Domestic Product of nearly $101.8 billion in 2015; only the Silicon Valley in California has a higher GDP per capita than Greater Hartford. The average value produced per worker in the Hartford region is $158,428.

You're receiving this newsletter because you either opted in via e-mail or on my website, or you've been in touch with me or my office regarding an issue or issues of importance to you.

My mailing address is:
Senator Terry Gerratana, Legislative Office Building, Room 3000, Hartford, Connecticut 06106
Capitol telephone: 860-240-0584, or Toll-free: 1-800-842-1420

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