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Article- Community Lending and the Startup Slum in CT


This is a great article by Hamden’s Armando Rodriguez or arod (ee cummings style) to his friends, who is the Chair and Professor of the Economics Department at the University of New Haven. He is also advisor to the UNH Economics Collective. In addition to his always entertaining writing style, arod makes some spot on points in his latest article for the Collective about the power of Community Banks and to us economic developers more importantly, how overlooked (my opinion)  really small businesses are. Over 70% of Hamden’s businesses has under 10 employees and over 80% with under 20 employees. We have developed a Solopreneur (i.e. home based business) Cluster http://www.hamden-ct.com/Content/Business_Cluster_Program.asp for this very reason to address the day to day needs of that part of the local economy that creates the most jobs and makes Hamden go.

Enjoy the article: https://unheconomicscollective.ning.com/blog/community-lending-and-the-startup-slump-in-connecticut


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