Bringing the World to Connecticut
Posted on by Jessica Inacio
As New AdvanceCT continues to gain momentum and vision through new board members and partners, we in business recruitment remain engaged in our attraction efforts, consistently working to identify German companies looking to enter the U.S. market.
The State of Connecticut recently attended Hannover Messe, which is the world’s leading trade show in industrial technology, with a focus this year on Industry 4.0. AdvanceCT worked closely with our partners at the state and our in-market consultants to identify prospects that would be in attendance and set up meetings to introduce them to Connecticut as a potential location to do business. TeamCT will continue to nurture these leads as they get closer to making their expansion decisions.
Here on the home front, AdvanceCT is continuing to host German companies, the most recent of which was Kumovis GmbH. Kumovis manufactures 3D printers that print high-performance polymer materials. Currently these materials are being applied to medical implants and devices and they hope to expand the uses to penetrate the aerospace industry. The company has grown very quickly in just a few years, boasting 30 employees since they founded the company in 2017.
Senator Derek Slap, President of the Connecticut Technology Council, kicked off the day with us in his legislative office, speaking to both the vast network of tech companies in Connecticut as well as the accessibility to legislative leaders and impacting the policy changes that affect business.
The next visit highlighted Industry 4.0 in Hartford, visiting the Manufactory 4.0 at Stanley Black & Decker’s Advanced Manufacturing Center of Excellence in Downtown Hartford. Here the company saw the technologies being developed and the work underway to upskill employees and automate processes that are “dull, dirty or dangerous.” They also learned about the competitive Techstars accelerator program as another option for a first means of entrance to the Connecticut market.
Walking over to our partners at Upward Hartford, the company saw the diverse startups that have set up shop in this collaborative workspace, before crossing the street and touring the brand new Makerspace, where they saw the wealth of equipment and training available both for companies looking to conduct research & development to innovate their product as well as training to grow the workforce with skills needed in wood-working, metal work, welding, plastics, etc.
Rounding out the day, we called on our partners at MetroHartford Alliance and Department of Commerce to share the professional resources available to an international company looking to understand how to do business in the Unite States and in Connecticut. MetroHartford Alliance convened legal and banking professional from Pullman & Comley and Santander Bank respectively, both with German ties, to speak to the processes of doing business as well as to the large network of German companies and families who work, live, and play in Connecticut.
We look forward to engaging TeamCT again in a few weeks as we continue to host companies and share with them the many assets in Connecticut and benefits of doing business in this global and innovative economy.