BY KATE BRAMSON
PROVIDENCE, R.I. — Connecticut is committing $250 million over five years to create more technology-based jobs in that state, with $35 million set aside for the “aggressive recruitment” of early-stage, high-potential companies from outside the state, including Rhode Island.
The agency directing the program, called Connecticut Innovations, has targeted Brown University and the University of Rhode Island as institutions where it hopes to develop “deep relationships” with those who help researchers launch new companies based on their work.
Connecticut’s campaign comes as states across the country are working hard to create jobs and to recover after the recession decimated local economies. Rhode Island and its other New England neighbors are also working to develop vibrant, entrepreneurial communities where technology companies will thrive.
In the paper: Saturday, read Rhode Islanders’ response to Connecticut’s plan to recruit start-up companies in the Ocean State.