First Five

$20M in tax credits, $5M in state loans
11:38 pm
Thu May 22, 2014

Stamford-based Starwood Hotels & Resorts to get state funding to expand jobs

Gov. Dannel Malloy at the Stamford headquarters of Starwood Hotels and Resorts on Thursday, as Ken Siegel of Starwood looks on.
Credit Craig LeMoult

Connecticut Governor Dannel Malloy says Stamford-based Starwood Hotels & Resorts will receive a state loan of up to 5 million dollars and up to 20 million dollars in tax credits. In exchange, the company will add jobs in Connecticut.

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"First Five" economic development program
7:00 pm
Wed November 20, 2013

Pitney Bowes receives millions in state funds to stay in Conn.

The state of Connecticut is giving the Stamford-based office technology company Pitney Bowes $10 million in forgivable loans and $17 million additional in loans, grants and tax credits, in order to keep the company in the state.

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