Article written by Matthew Storeygard / Senior Investment Associate / Connecticut Innovations
Four reasons for entrepreneurs to be excited about where the Elm City is headed
1. New Haven’s residents are educatedCompanies are finding a strong base of talent across industries. The city demonstrated the 5th highest growth rate in college degree attainment between 2000 and 2010. The talent pool includes many graduates from Yale University, as well as other colleges and universities in the region.
The high number of well-educated residents also means a stronger economy. Those with advanced degrees earn more money, on average, and can afford to spend more locally. New Haven has been seeing this trend for several years now.