Business

Governor Lamont highlights state's economic achievements

MILFORD, Conn. (WTNH) - Governor Ned Lamont was very much in his element Tuesday morning, talking about technology startups along the shoreline.

There was also some bragging, because when it comes to area businesses, it is all about location, location, location.

Milford's mayor calls it the small city with the big heart. Now, he has something else to brag about.

"Research shows that more millenials are moving to Milford and New Haven than anywhere else in the nation," said Mayor Ben Blake (D - Milford)

Mayor Blake spoke about that from inside Atomic Kid, a high tech video production company in downtown Milford.

"We were deliberate when we chose the harbor," said Stephen Barrante, Atomic Kid Co-Founder. "Coming into work every day, being inspired. As creatives, we like the creature comforts."

That small city charm and proximity to Yale has Governor Ned Lamont thinking the area could be the next Silicon Valley.

"What Stanford University was to computer science a generation ago, I think this corridor could be to our 21st century future," Lamont said.

Lamont, the former tech and communications entrepreneur, toured Quantum Circuits, Inc earlier this year. That company is poised for breakthroughs in the next generation of computers.

"Because of the interest in our space and the many positive changes that we're talking about today that are going on in the state, it's becoming more and more possible for us to recruit top notch young people," said Rob Schoelkopf, founder of Quantum Circuits, Inc.

Related Content: Tourism study: CT business is up more than 5 percent since 2015

Providing help and guidance for firms like that is District New Haven, run by David Salinas.

"Millenials want their time back," Salinas explained. "They want great experiences. they want affordability, which you can get in this marketplace."

The biggest obstacle to that is transportation, something Governor Lamont has vowed to fix.

"As train transportation improves, we'll be able to have commuters come up from New York every single day," said Barrante. "Our proximity to all these areas is very important to us, from both the people we attract to our company and also the clients that we work with."

Governor Lamont discussed Connecticut's top recent achievements and also pointed out where improvements could still be made. 

WATCH THE FULL NEWS CONFERENCE BELOW: 

 

Related: Study: Hartford among top metropolitan areas for Millennials

The Governor mentioned that the New Haven to Milford area has been ranked nationally as a top area where Millennials are relocating. 

Also, the state's economy has been named the fourth most innovative. 

The Governor plans to come out to Atomic Kid Studios to also take about positive companies like Atomic Kid Studios, which does graphic design and animation.

Lamont also layed out the critical need to spend within the state's means and invest in infrastructure in the conference in Milford

Related: Tax package clears panel, revamps Lamont's proposal

A state revenue package was just cleared by a Democratic controlled committe and they rejected some of the Governor's proposed sales tax expansion, such as wanting to add a 6.35 percent sales tax to a long list including vegetable seeds to vet services.


More Stories

Storm Team 8 Weather Headlines

Latest Connecticut Headlines

Video Center