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Centerplan Construction Gets $100K Grant From State

The Middletown company qualified for a Department of Economic and Community Development matching grant and $500K loan through the Small Business Express Program to expand and create jobs.

 

Gov. Dannel P. Malloy announced Centerplan Construction Company of Middletown was among small businesses across the state which qualified for grants through the state’s Small Business Express Program to expand its businesses and create jobs. 

EXP was created as part of the bipartisan jobs bill that was passed during the October Special Session.

“Connecticut must support its small businesses,” Malloy said. “They are the foundations of local economies, helping to improve the quality of life for thousands of Connecticut residents. State investments through programs like this not only help the businesses on Main Street grow, they also aid in the state’s economic recovery.”

The program, administered by the Department of Economic and Community Development, offers loans and matching grants to Connecticut companies with fewer than 50 employees.

Centerplan was established in 2008 to serve the construction needs of its sister company Centerplan Development. Since then the company has grown, and is now planning to expand its space and operations. 

DECD has awarded Centerplan a $100,000 matching grant for the build-out and fit-out of additional office space and for equipment. An additional $500,000 loan was awarded through the Small Business Revolving Loan Fund. The company plans to add five employees to its 31-member staff in 2012 and 20 to 25 in the next five years.

“Centerplan Construction Company is a real success story here in Middletown.  This grant and loan will allow Centerplan to build on that success and hire more employees,” State Sen. Paul Doyle (D-Wethersfield) said. 

“I am thrilled to see more local businesses benefiting from the jobs legislation we passed in October and creating good jobs for Connecticut residents.”

State Rep. Christie Carpino (R-Cromwell, Middletown, Portland) was pleased with the news. “I am happy the bipartisan jobs bill I voted for and that passed in October is doing what it is intended to do, which is help small businesses like Centerplan Construction Company.”

“Small business expansion and jobs creation in Middletown are most welcome,” State Rep. Gail K. Hamm (D-East Hampton, Middletown) said.  “Making Connecticut a business-friendly state involves both attracting new business and assisting those who have already invested here.”

“I want to thank Governor Malloy for supporting a great small business in Middletown,” State Representative Matt Lesser (D-Durham, Middlefield & Middletown) said.  “Small businesses are the engines of economic growth, and I wish Bob Landino and Centerplan much success.”

“Centerplan has developed into an important part of Middletown’s business community and has earned this support of the state,” State Rep. Joseph Serra (D-Middletown) said. 

“Because these incentives will be used to help jump-start job creation and encourage long-term economic growth, they are also good investments for taxpayers.”

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