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State Senator

Carlo Leone

Representing Stamford & Darien

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Leone Announces State Investment in Stamford’s Entrepreneurial Future

STAMFORD—After passing state legislation to create and fund city-based entrepreneurial hubs, and then working with Stamford city officials to create a plan for such a hub, Senator Carlo Leone (D-Stamford) announced today that the state has selected Stamford as one of four winners of the CTNext 2017 Innovation Places award.

The program will distribute tens of millions of dollars to the four winning cities over the next five years to help Stamford and other cities become a magnet for talent, supporting entrepreneurship in higher education, and focusing more on growth-stage companies.

“I voted for the legislation that created this program, then I promoted it to the city. I knew Stamford would be perfect for this project, and Stamford was one of the first municipalities in the state to apply for this. I’m happy but not entirely surprised that we were selected as one of four winning cities,” Sen. Leone said. “Stamford’s city leaders and its business community have really stepped up, they’ve come up with a great plan, and these dollars are going to help spark even more entrepreneurial growth in the city which is going to keep Stamford the business capital of Connecticut.”

CTNext is a public/private network of entrepreneurs, mentors, service providers and others helping Connecticut’s most promising startups succeed and grow. In 2016, CTNext launched the Innovation Places program.

Stamford’s successful entry to the program is called “Innovate Stamford” and it seeks to create an intensely collaborative, walkable, digitally enabled city, strongly connected to New York City and to other Connecticut cities by the Stamford Transportation Center, attracting young talent and entrepreneurs by continuously exploiting emerging opportunities. Major projects are envisioned as providing young companies with access to business mentoring, technical assistance, and office space.

Partners in the Stamford project include entrepreneurs, real estate developers, the Stamford Partnership, City of Stamford, Business Council of Fairfield County, Downtown Special Services District, Ferguson Library, NatWest Markets, Purdue Pharma, WR Berkley, IBM, Synchrony Financial, Datto, The Navigators Group, Harman, Eversource Energy, Frontier Communications, Vineyard Vines, Pitney Bowes, Building Land and Technology, SL Green, Stamford Town Center, and co-working spaces.

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