Connecticut Statutes
§ 32-39o — Forgiveness of received state assistance for participation in mentorship network.
Connecticut·Title 32 Commerce and Economic and Community Development·Ch. 581 Innovation Capital Act of 1989. Connecticut Innovations, Incorporated
The Commissioner of Economic and Community Development may forgive a portion of any state assistance received by a technology-based business and owed to the state if such business participates in a mentorship network established by the department. The commissioner shall develop a formula to calculate such state assistance forgiveness based on the hours of mentorship provided by any such business.
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Connecticut § 32-39o (Forgiveness of received state assistance for participation in mentorship network.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(May Sp. Sess. P.A. 16-3, S. 15; P.A. 24-149, S. 11.) History: May Sp. Sess. P.A. 16-3 effective June 2, 2016; P.A. 24-149 replaced “CTNext” with “the department”, effective July 1, 2024.
Nearby Sections
15
§ 32-1
Members.§ 32-101
Termination of council.§ 32-11a
Connecticut Innovations, Incorporated. Successor agency to Connecticut Development Authority.§ 32-11b
Definitions.§ 32-11e
Corporation subsidiaries.§ 32-11g
Connecticut Innovations, Incorporated. Successor to Connecticut Brownfields Redevelopment Authority.§ 32-140
Definitions.§ 32-15
Applications for insurance.