SVOG technical difficulties, a Johnson + Johnson vaccine shortage, and UConn panel on startup conditions are among the morning’s top business news items.
National
The U.S. Small Business Administration has temporarily suspended its Shuttered Venue Operators Grant portal due to technical issues after opening it to applications on Thursday. Applicants can still register accounts in the portal, and will receive advance notice of the time and date for reopening to ensure equitable access.
Connecticut
Connecticut will receive significantly fewer Johnson + Johnson COVID-19 vaccines after a manufacturing problem forced millions of doses to be discarded. Governor Ned Lamont said he is still optimistic that the majority of state residents will have received at least one by the end of April.
A University of Connecticut panel advised that the market is ripe for startups, as there is ample capital available and investors are looking for new ventures to support. Speakers on the panel said the COVID-19 pandemic has also allowed businesses to demonstrate the sustainability of their company and opened up opportunities in new technologies.
