Welcome to the CBIA Newsroom, your online source for the latest issues affecting Connecticut’s businesses
and economy. With 10,000 member companies, the Connecticut Business & Industry Association (CBIA) is the state’s largest statewide business organization and the most effective advocate for business in the state. We work to promote a healthy economy and a strong, globally competitive business climate in Connecticut.
THE FEDERAL STIMULUS PACKAGE: WHAT IT MEANS FOR CONNECTICUT BUSINESSES
Connecticut is expected to receive approximately $3 billion from the American Recovery and Reinvestment Act of 2009. But how will the money be spent, and what does it mean for Connecticut’s economy and businesses?
The Connecticut Business & Industry Association (CBIA) has arranged a special half-day conference to examine the federal stimulus package and its impact on Connecticut businesses.
Friday, April 3, 2009
8:30 – 11:30 a.m.
CBIA
350 Church Street
Hartford
CBIA, federal and state officials, and the law firms of Shipman & Goodwin LLP and Robinson & Cole LLP, will explain how Connecticut companies can benefit from federal stimulus funds. The program will examine:
- The types of projects that will be funded
- How the funds will be allocated and by whom
- The meaning of shovel ready
- Competitive bidding and other legal requirements
- Expanded small business lending programs
- Special tax breaks for small businesses, including faster write-offs, credits for renewable energy production, delayed recognition of cancelled debt, and longer loss write-off periods
For more information or to register, visit www.cbia.com.
Media wishing to attend the event should contact Nancy Andrews, CBIA media relations manager, at 860-244-1957 or andrewsn@cbia.com.
350 Church
Street · Hartford, CT 06103-1126 ·
Phone: (860) 244-1900 · Fax: (860) 278-8562