Contact: Lawrence Cook
March 27, 2012
State Senator Steve Cassano (D-Manchester) and Governor Dannel P. Malloy today announced that five more small businesses—including one in the senator’s district—have qualified for grants through the state’s Small Business Express Program (EXP) to expand their businesses and create jobs.
EXP was created as part of the bipartisan jobs bill that Sen. Cassano voted for and which was passed during the legislature’s October special session
Marlborough Plastics Inc. has specialized in plastic injection molding and engineered thermoplastics in aerospace, computer, defense, electronic, engineering, health care, OEMs and sporting goods application for more than 40 years. Marlborough Plastics, which recently built a new 11,250-square-foot facility in Marlborough, will receive a $100,000 matching grant to purchase new machinery and equipment. The project will retain 6 jobs.
“Marlborough Plastics is investing in Connecticut because Governor Malloy and the legislature are working for Connecticut, as evidenced by our jobs bill and our investments in high-tech manufacturing and bioresearch,” Sen. Cassano said. “This matching grant—made possible by our jobs bill—preserves the kind of quality jobs that make Connecticut a great state to live and work in, and which make Connecticut one of the most productive states in the nation.”
“Connecticut must support its small businesses,” Governor Malloy said. “They are the foundations of local economies, helping to improve the quality of life for thousands of Connecticut residents. State investments through programs like this not only help the businesses on Main Street grow, they also aid in the state’s economic recovery.”
In total, EXP will provide $100 million to help the state’s small businesses hire more employees and fund capital investments. The program, administered by the Department of Economic and Community Development (DECD), offers loans and matching grants to Connecticut companies with fewer than 50 employees.
Four other small businesses receiving EXP grants and loans were also announced today:
For more information on EXP or to apply for the program, visit the Small Business Express Program website or contact Michelle Lugo at DECD at 860-270-8052 or Michelle.Lugo@ct.gov.
Chair: Planning & Development
Vice Chair: Public Safety; Transportation
Member: Finance, Revenue & Bonding
Legislative Office Building
Hartford, CT 06106-1591
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