CT launches $200M in competitive grant programs for municipalities, public-private partnerships

The first, known as the Innovation Corridor Program, is expected to select and fund two or more “transformational” projects in major urban areas that will create new jobs in high-growth fields such as data science, advanced manufacturing and insurance technology. The program aims to facilitate the creation of at least 15,000 new jobs, state officials said, and will grant up to $100 million over five years. The second initiative, known as the Connecticut Communities Challenge Program, will fund a wide range of projects throughout the state designed to improve the liveability and vibrancy of recipient cities and towns and create approximately 3,000 new jobs. The Department of Economic and Community Development, which is administering the program, said projects centered on essential infrastructure, transit-oriented development, housing, mobility and improvements to public spaces would be prioritized. DECD expects to disburse up to $100 million through the Connecticut Communities Challenge Program over five years. Grant awards will range between $1 million and $10 million per project.

https://www.hartfordbusiness.com/article/ct-launches-200m-in-competitive-grant-programs-for-municipalities-public-private

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