Economic Impact - CT PTAC

CT PTAC’s Economic Impact

CT PTAC Assistance to CT Companies in 2019

  • Total client awards $142 Million
  • Created/retained 2,838 jobs in CT
  • High client satisfaction rating
  • 1,560 counseling sessions
  • 50 seminars

Return on Connecticut’s Investment

  • CT investment since 1994: $7.6 Million
  • CT investment leveraged 100% by DoD
  • $3.56 Billion Government Contract Awards
  • Since 1994, every CT $1 returned $33.1 in taxes

CT PTAC’s Clients’ Economic Impact

  • Gov’t Awards* since 1994: $3.56 Billion
  • Jobs Created/Retained: 74,395
  • CT State Tax generated: $206.3 Million
    *Awards are client reported, not all may be included.

CT Small Business Sector

  • 97.4% of businesses in CT are small
  • Employs 53.1% of CT’s employees
  • Source of innovation and invention

Locations

Groton Office

Headquarters / SeCTer office

19-B Thames Street
Groton, CT 06340

Get Direction

East Hartford Office

Connecticut Center for Advanced Technology, Inc.

222 Pitkin Street, Suite 101
East Hartford, CT 06106

Get Directions

Hartford Office

MetroHartford Alliance

31 Pratt Street, 5 Floor
Hartford, CT 06103

Get Direction

Rocky Hill Office

287 West Street
Building 50
Rocky Hill, CT 06067

Get Directions

Milford Office

Milford City Parsons Government Center

70 West River Street
Second Floor
Milford, CT 06460

Get Directions

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