Representing East Hartford, East Windsor, Ellington & South Windsor
Contact: Lawrence Cook
860-240-8609
January 24, 2012
State Senator Gary D. LeBeau (D-East Hartford) joined Democratic leaders on the shop floor of AdChem Manufacturing Technologies in Manchester today to announce the Democrats’ new, 5-point jobs plan that will help local small businesses protect and grow jobs and boost Connecticut’s economy.
Just two weeks before the start of the 2012 legislative session, and citing job growth as their top priority, Sen. LeBeau and other Democratic senators detailed their plans to build on the momentum created by the comprehensive and far-reaching jobs bill passed during October’s special session.
One of the Democrats’ major new proposals would expand access to tens of millions of dollars in existing state business loans and grants to an additional 2,600 state companies with 50 to 100 employees.
“There are many manufacturers here in Connecticut that would like to avail themselves of the opportunity to grow using our Small Business Express Program, but they cannot because of the 50-employee cap. Yet, they still want to and need to grow,” said Sen. LeBeau, who is Senate Chairman of the Commerce Committee. “Expanding this program to manufacturers up to 100 employees will help them grow and will really hit the sweet spot among state manufacturers.”
“For companies like AdChem, which are close to the 50-employee mark and which are looking to expand, this proposed extension of the Small Business Express Program to 100 employees would benefit us greatly,” AdChem President Michael Polo said. Polo said he currently employs 48, is in the process of hiring two more, and would like to have 57 to 60 employees by the end of the year.
The Senate Democrats’ 5-point jobs plan includes:
“As Connecticut continues its economic recovery, the legislature must continue its focus on growing jobs, helping businesses expand and assisting people who have lost a job find permanent, new employment,” said Senate President Donald E. Williams, Jr. (D-Brooklyn). “By significantly expanding our Small Business Express Program, we can build on the solid foundation of the October jobs bill and continue to put Connecticut residents back to work.”
For more on the October jobs bills (Public Act 11-1) which passed the General Assembly on an overwhelming and bipartisan 181-2 vote, please visit our Grow Jobs Web page or download our summary of the 2011 Jobs Special Session.
Chair: Commerce; Transportation Bonding Subcommittee
Vice-Chair: Higher Education & Employment Advancement
Lawrence Cook
860-240-8609
State Capitol
Room 110
Hartford, CT 06106-1591
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