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Governor cool to Conn innovation districts StamfordAdvocate

The administration of Gov. Dannel P. Malloy is opposing the concept of “innovation districts” proposed by the finance committee of the Connecticut General Assembly, arguing the bill would only add to the state’s fiscal woes. The first Senate bill introduced in 2016 legislative session, the proposed act would funnel provide $25 million in grants to newly designated innovation districts, along with the same amount to business accelerators throughout the state and $60 million as loans to startups.

Image: Tyler Sizemore / Tyler Sizemore