CT PTAC’s Economic Impact

CT PTAC Assistance to CT Companies in 2017/2018

  • Total client awards $129 Million
  • Created/retained 2,577 jobs in CT
  • Obtained more than 513 Diversity Certifications
  • High client satisfaction rating
  • 1,700 counseling sessions
  • 54 seminars

CT Small Business Sector

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

Return on Connecticut’s Investment

  • CT investment since 1994: $7.1 Million
  • CT investment leveraged 100% by DoD
  • $3.02 Billion Government Contract Awards
  • Since 1994, every CT $1 returned $30 in taxes

CT PTAC’s Clients’ Economic Impact

  • Gov’t Awards* since 1994: $3.02 Billion
  • Jobs Created/Retained: 63,614
  • CT State Tax generated: $175.3 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
19-B Thames Street
Groton, CT 06340

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Milford Office

70 West River Street
Second Floor
Milford, CT 06460

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CT Veterans Affairs Office

287 West Street
Building 7
Rocky Hill, CT 06067

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Rocky Hill Office

805 Brook Street
Building 4 (CERC)
Rocky Hill, CT 06067

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Stamford Office

One Landmark Square
Building, Suite 300
Stamford, CT 06901

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