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13
Connecticut CPA
g
September/October 2012
W
ith 94 percent of Connecticut
firms having fewer than 100
employees, and small busi-
nesses employing about one-third of
all Connecticut workers but responsible
for nearly half of all job creation in 2010,*
a new initiative launched by Governor
Dannel P. Malloy and the General As-
sembly is aimed exclusively at helping
small businesses and manufacturers
grow their companies.
The Step Up program, administered
by the Connecticut Department of
Labor in partnership with the five re-
gional workforce investment boards,
provides small businesses (including
retail and nonprofits) and manufactur-
ers with wage subsidies, manufacturer
training grants, and enhanced incen-
tives to hire post-9/11 veterans.
To date, more than 440 employees
have been hired as a result of Step
Up, and 227 employers participating in
the program are very satisfied with the
program that has helped them expand
their businesses during a time of eco-
nomic uncertainty.
According to
Marsha Rohrs, corpo-
rate secretary at HRF Fastener Sys-
tems in Bristol, Step Up helped the
company accommodate rapid growth
when it needed to double its manu-
facturing staff in a short period of time.
Currently, the company has hired eight
full-time employees under the Step Up
program.
"The Step Up program not only pro-
vided funding for much-needed train-
ing of our new employees, but also
served as an invaluable resource in
connecting HRF with Capital Work-
force Partners, since they were able
to link us with qualified applicants for
these positions."
With minimal information required
and quick turnaround, a small busi-
ness or manufacturer with no more
than 100 full-time workers is eligible
for a six-month wage subsidy (up to
$20 per hour and reimbursable
Connecticut `Steps Up' for Small
Businesses and Manufacturers
paid advertisement
Dennis C. Murphy, Acting Commissioner, Connecticut Department of Labor
Your company or client might be eligible for wage subsidies or
training grants through a newly revamped state program.
*2010 U.S. Census Business Dynamics Statistics
u