Connecticut’s Business Environment Fuels Innovation & Growth

Connecticut knows how to support business growth - be fiscally responsible, have plans, policies and strategies that are easy to navigate and invest in people. That’s where Connecticut really shines. From Pre-K to community colleges and universities, Connecticut is investing heavily in education for all and removing the traditional barriers to workforce training. That investment is paying off. Connecticut’s highly skilled, highly educated workforce is rated among the best in the country and our companies are reaping the benefits of their talent.

Proven Success

Connecticut is the Insurance Capital of the World and a leader in the financial services industry. More broadly, the state is home to 2 Fortune 100, 14 Fortune 500 and 28 Fortune 1000 companies. Globally recognized brands like ESPN, Xerox and Cigna have made their headquarters in Connecticut, as have startups like Yale quantum computing spinoff Quantum Circuits, Inc. 

Wide-ranging talent and a strong business ecosystem with access to major east coast markets like NYC, Boston, Philadelphia, and Washington D.C. have made Connecticut the location of choice for companies of all sizes.

Key Facts

 

for Most Employees with Advanced Degrees⁷

 

World-class Colleges & Universities, including Yale & UConn

 

Most Productive Workforce⁹

 

for Human Capital Investment²

De-Risk Your Business

Selecting Connecticut as your business location offers unparalleled advantages in risk management, ensuring a stable and secure environment for your operations. Connecticut excels in sustainability, ranking #1 for the lowest climate-change contributions¹⁴ and individual waste per capita¹⁵. Our state also boasts a highly reliable electrical grid and top-tier internet infrastructure, recognized among the best in the nation by Broadband Now. These strengths translate to fewer disruptions and smoother business operations, even during climate emergencies.

Additionally, Connecticut’s robust infrastructure extends beyond energy and communication networks. Whether it's highway improvements, rail enhancements, or investments in EV charging stations, Connecticut prioritizes infrastructure resilience to support businesses. Our electric grid is one of the most reliable in the nation, with one of the lowest amount of power outages in the country and the fewest in New England¹⁶. Coupled with low crime rates, excellent healthcare, and a highly productive workforce, Connecticut provides a comprehensive, low-risk environment ideal for business growth and stability. By choosing Connecticut, you position your business in a forward-thinking, resilient state that supports sustainable growth and operational excellence.

Learn more about how Connecticut can help de-risk your business here.

¹ Bloomberg State Innovation Index, 2020; ² Milken Institute, 2020; ³ Information Technology & Innovation Foundation, 2020; ⁴ WalletHub, 2023; ⁵ US News & World Report, 2021; ⁶ Broadband Now,2023; ⁷ U.S. Census Bureau, ACS 1Y, 2021; ⁸ Bloomberg State Innovation Index, 2020; ⁹ Defined by GDP per capita, U.S. Bureau of Economic Analysis 2019; ¹⁰ Milken Institute, 2020; ¹¹ WalletHub, 2021; ¹² US News & World Report, 2023; ¹³ U.S. News & World Report, 2023; ¹⁴ WalletHub, 2023; ¹⁵ WiseVoter, 2022; ¹⁶ EIA, 2022