Category: Business

Big Wins for SMBs with New Department of Defense Contract

Atlantic Diving Supply (ADS) Inc. and Ricochet Manufacturing Co. have a lot to celebrate following a September deal. A contract from the Department of Defense has been awarded to the two companies to the tune of more than $60 million. The contracts, for the manufacturing of top-of-the-line protective gear for the Air Force, Air Force Reserve, and Air National Guard firefighters, have seen to the rise of these two players in the market of firefighting protective garments and equipment.

New venture funding brings jobs, businesses, venture capital firms to Connecticut

Connecticut has a new crop of venture capital funding options with an infusion of over $130 million in funding opportunities for the state’s business sector. The allocation of funds to venture capital investments was the result of a 2010 policy change in Connecticut’s Insurance Reinvestment Tax Credit program. In-state small and medium sized high-growth businesses…

How Do Tax Credits Help the Economy?

Tax credits benefit the economy in a number of different ways, but consumers must go on an arduous search to find every tax credit available to them. Large businesses use tax credits to enact better business practices, and small consumers use tax credits to save money at the end of the year. This article explains…

An Evolving Cayman Vision

Since his purchase, Ken Dart has stayed true to his vision of creating a mixed use community in this beautiful space. He embraces new urbanism, which would create residential, commercial and business spaces that’d be linked together through mutual community areas. This way, he would be creating a living town, rather than just another subdivision. Dart Realty (Cayman) Ltd., brought Camana Bay to life, and in doing so, introduced the first new urbanism development to the Caribbean.

Understanding the Tax Credit Program for Community Investment

The Finance Authority of Maine (FAME)is administering the Maine New Markets Investment Program which permits income tax credits for investments in certain communities in Maine. The program is modeled after the federal New Markets Investment Program. Qualifying investments must be equity investments made in approved Community Development Entities (CDE). The funding for the program is…