MEDICAL, TECHNOLOGY, BIOSCIENCE & MANUFACTURING AGENDA:

Medical services and products, bioscience, technology and manufacturing technology industries are important components of the Connecticut economy. The State has made some initial investment in their growth. We urge continued support and investment to a) augment previous investments b) protect and enhance the State’s science talent base, c) build the State’s economy and jobs d) encourage further private investment. These industries, including nanotechnology and bio-fuels, offer an opportunity to develop high value jobs that provide significant positive multiplier effects that impact housing, services, retail and Connecticut’s tax base.

Action Needed:

• Provide programs and funding that support technology and bioscience businesses including next generation Broadband infrastructure.
• Maintain current tax exemption on new manufacturing machinery and equipment.
• Continue incentives for manufacturers to make needed capital investments.
• Continue to support the growing industries that offer promise or opportunity for economic development and job creation. 
• Support the development of virtual and physical biotech hubs/incubators.