REGIONAL ECONOMIC XCELLERATION
ONE REGION. 15 TOWNS. UNLIMITED POTENTIAL.

REX Connect


REXBUSINESS : CLUSTERS



HIGHER EDUCATION

Like healthcare, higher education, while not a cluster in the formal sense, remains one of the primary drivers of the region’s economy. The region is host to eight colleges and universities and has the ability to create opportunities with a well-educated workforce and a home for innovation. These schools, collectively, provide thousands of jobs and bring millions of dollars into the region each year through tuition, research funding and discretionary spending by students, families and guests. Yale, a world-renowned university, provides over 9,400 jobs, making it one of the largest employers in the region. Yale’s operating budget is just shy of $3 billion. A recent example of a major investment in the region was the opening of the new Gateway Community College campus in downtown New Haven. In addition to the direct contribution to the regional economy through employment, purchases and capital expenditures, these institutions serve as engines for new business development. Yale specifically, has offices primarily concerned with commercializing their researcher’s accomplishments. The regional universities also have entrepreneurial acceleration groups to allow students to capitalize on entrepreneurial efforts.

Education was the only sector that saw significant growth over the last five years, and only one of two identified clusters that grew at all. The education and knowledge creation cluster employs over 26,000 individuals in the region, and while the jobs don’t receive the highest annual wage in the region, the education sub-sector of education, training and library is predicted to be the fastest growing occupation over the next 10 years in the South Central Connecticut region.

For more information on the region's colleges and universities, click here.

MAJOR EMPLOYERS
 

YALE UNIVERSITY

433 Temple Street
P.O. Box 208279
New Haven, CT 06511
P 203 432 8613
www.yale.edu
SOUTHERN CONNECTICUT STATE UNIVERSITY
501 Crescent Street
New Haven, CT 06515
P 203 392 5200
QUINNIPIAC UNIVERSITY
275 Mount Carmel Avenue
Hamden, CT 06518
P 203 582 8200
UNIVERSITY OF NEW HAVEN
300 Boston Post Road
West Haven, CT 06516
P 800 342 5864
GATEWAY COMMUNITY COLLEGE
2-20 Church St.
New Haven, CT 06510
P 203 285 2000
MIDDLESEX COMMUNITY COLLEGE
100 Training Hill Road
Middletown, CT 06457
P 860 343 5800
ALBERTUS MAGNUS COLLEGE
700 Prospect Street
New Haven, CT 06511
P 800 578 9160
PAIER COLLEGE OF ARTS
20 Gorham Avenue
Hamden, CT 06514
P 203 287 3031
www.paiercollegeofart.edu

 

Free Website Translator
 

THE REGION tiny-arrow




FEATURED STORYtiny-arrow

2013 CEDS DOCUMENTS
You may download a copy of the document here or request a printed document by calling
203-821-3682 or emailing learnmore@rexdevelopment.org.



BE OUR FRIEND | FOLLOW US

195 CHURCH STREET, 14TH FLOOR | NEW HAVEN, CT 06510  
REX T 203 821 3682 F 203 782 7755 Info
EDC NEW HAVEN T 203 785 1000 F 203 785 9900 Info