DECD financing tilts to jobs, sustainability

Connecticut through a number of efforts that include Small Business Express and a pair of programs targeting manufacturing is focused on creating and retaining jobs. While private-sector lending can be dictated by the bottom line, the state Department of Economic and Community Development and Catherine Smith, its commissioner, by design seek longer-term results from business financing, namely, “How are they going to recover, sustain themselves, grow and create jobs?”

The Fairfield County Business Journal put a series of questions relating to finance to Smith via email as the second part of a two-part finance series. Connect Innovations, which assists the state’s technology sector with financing, was the subject of part 1.

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