Editorial: CT sees Supreme Court decision as a business opportunity
In response to overturn of Roe, Connecticut markets itself as state of tolerance
Stay updated with breaking news from Peter Denious. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In response to overturn of Roe, Connecticut markets itself as state of tolerance
Recent U.S. Supreme Court decisions, including last month’s ruling in Dobbs v. Jackson that eliminated the constitutional right to abortion, have curtailed federal authority on issues from women’s health to environmental protection and vaccine requirements. State policies on those and other issues could soon vary widely around the country, turning “social capital issues” into bargaining chips for each state in their attempts to woo businesses and create economic opportunities for their residents.
Last Friday, Gov. Ned Lamont called on businesses in states that limit abortion access to consider relocating to Connecticut. By Tuesday, after the holiday weekend, Connecticut’s business development organization, AdvanceCT, was already fielding new interest. “We have received at least one inbound inquiry from a company in Ohio, owned by a woman, who said, ‘We’re outta here,’” said Peter Denious, chief executive of Advance CT. “‘The governor’s message was awesome, and we want to learn more about Connecticut because we’re seriously considering moving.’”
Governor Ned Lamont today announced that Oasis Pro Markets, a fast-growing fintech firm, is planning an expansion project in Connecticut that will include the creation of 91 new jobs in the state over the next four years.
Darien-based Oasis Pro Markets, which plans to more than 90 people in the next few years,...