Connecticut General Statutes
Chapter 581 - Innovation Capital Act of 1989. Connecticut Innovations, Incorporated
Section 32-41mm. (Formerly Sec. 19a-32g). - Peer review of applications for financial assistance. Qualifications and duties of peer reviewers. Rating and scoring guidelines.

(a) Prior to the awarding of any financial assistance in response to an application submitted pursuant to section 32-41kk, the Regenerative Medicine Research Advisory Committee, established pursuant to section 32-41ll, shall contract with a third party for the selection of peer reviewers to review such application and make recommendations to said advisory committee with respect to the ethical and scientific merit of such application.

(b) Such peer reviewers shall: (1) Have a demonstrated knowledge and understanding of the ethical and medical implications of regenerative medicine research or related research fields, including, but not limited to, embryology, genetics or cellular biology; (2) have practical research experience in regenerative medicine research or related research fields, including, but not limited to, embryology, genetics or cellular biology; (3) work to advance regenerative medicine research; and (4) become and remain fully cognizant of the National Academies' Guidelines for Human Embryonic Stem Cell Research, as amended from time to time, and shall utilize said guidelines to evaluate any application pursuant to subsection (a) of this section.
(c) No peer reviewer shall review any application filed by such peer reviewer or by any eligible institution in which such peer reviewer has a financial interest, or with which such peer reviewer engages in any business, employment, transaction or professional activity.
(d) Such peer reviewers may receive compensation from Connecticut Innovations, Incorporated, for reviewing applications submitted pursuant to section 32-41kk. The rate of compensation shall be established by the board of directors of Connecticut Innovations, Incorporated.
(e) The Regenerative Medicine Research Advisory Committee shall establish guidelines for the rating and scoring of such applications. In establishing such guidelines, said advisory committee may consult with a third party contracted for the selection of peer reviewers pursuant to subsection (a) of this section.
(P.A. 05-149, S. 4; P.A. 06-196, S. 209; P.A. 07-252, S. 40; P.A. 08-80, S. 2; P.A. 11-242, S. 19; P.A. 14-98, S. 35; P.A. 15-222, S. 4.)
History: P.A. 05-149 effective June 15, 2005; P.A. 06-196, made technical changes in Subsec. (b), effective June 7, 2006; P.A. 07-252 amended Subsec. (a) by designating existing provisions as Subdiv. (1), redesignating existing Subdivs. (1), (2) and (3) as Subparas. (A), (B) and (C), respectively, and adding new Subdiv. (2) authorizing Commissioner of Public Health to appoint additional members to Stem Cell Research Peer Review Committee, provided total membership does not exceed 15, effective July 1, 2007; P.A. 08-80 amended Subsec. (e) to require that Academies' Guidelines for Human Embryonic Stem Cell Research be utilized to evaluate each grant-in-aid application and to make technical changes; P.A. 11-242 amended Subsec. (a)(2) by making a technical change, added new Subsec. (d) re compensation to peer review committee members and redesignated existing Subsecs. (d) and (e) as Subsecs. (e) and (f); P.A. 14-98 amended Subsec. (a) by replacing “Stem Cell Research Peer Review Committee” with “Regenerative Medicine Research Peer Review Committee”, deleting former Subdiv. (2) re appointment of additional members, redesignating existing provisions re member qualifications as new Subdiv. (2), and adding Subdiv. (3) re membership transition from those appointed by Commissioner of Public Health to those appointed by chief executive officer of Connecticut Innovations, Incorporated, amended Subsec. (d) by changing compensation for members from Stem Cell Research Fund to Connecticut Innovations, Incorporated, amended Subsec. (f) by deleting provision re guideline recommendations, and replaced references to embryonic or human adult stem cell with references to regenerative medicine and made technical and conforming changes throughout; Sec. 19a-32g transferred to Sec. 32-41mm in 2015; P.A. 15-222 replaced former Subsecs. (a) to (c) re Regenerative Medicine Research Peer Review Committee with new Subsecs. (a) to (c) re peer review of applications for financial assistance, amended Subsec. (d) by replacing reference to committee with reference to peer reviewers and replacing “grant-in-aid applications submitted by eligible institutions” with “applications submitted pursuant to section 32-41kk”, amended Subsec. (e) by replacing “Regenerative Medicine Research Peer Review Committee” with “Regenerative Medicine Research Advisory Committee” and adding provisions re establishment of guidelines for rating and consultation with a third party, and deleted former Subsec. (f) re guidelines, effective July 1, 2015.

Structure Connecticut General Statutes

Connecticut General Statutes

Title 32 - Commerce and Economic and Community Development

Chapter 581 - Innovation Capital Act of 1989. Connecticut Innovations, Incorporated

Section 32-32. - Short title: Innovation Capital Act of 1989.

Section 32-33. - Legislative finding.

Section 32-34. - Definitions.

Section 32-35. - Connecticut Innovations, Incorporated.

Section 32-36. - Perpetual succession. Termination.

Section 32-37. - Board of directors.

Section 32-38. - Chief executive officer.

Section 32-39. - Corporate purpose; powers.

Section 32-39a and 32-39b. - Powers re investments during early stage of ventures. Powers re financial aid for marketing innovative services.

Section 32-39c. - Limitation on liability of Connecticut Innovations, Incorporated and certain officers with respect to affiliates of the corporation.

Section 32-39d. - Guarantees of corporation made investment securities.

Section 32-39e. - Development of new or experimental technologies, products or processes. Procurement for state agencies. Program to recognize state agencies.

Section 32-39f. - CTNext. Purposes. Board of directors. Executive director.

Section 32-39g. - CTNext. Powers.

Section 32-39h. - CTNext. Procedures.

Section 32-39i. - CTNext Fund established. Uses.

Section 32-39j. - Definitions.

Section 32-39k. - Innovation place program. Purposes.

Section 32-39l. - *(See end of section for amended version of subsection (a) and effective date.) Planning grants-in-aid. Innovation place designation. Applications. Public hearing.

Section 32-39m. - Innovation place designation applications approval. Award of grants-in-aid. Considerations. Report.

Section 32-39n. - Venture or investment agreements entered into by Connecticut Innovations, Incorporated.

Section 32-39o. - Forgiveness of received state assistance for participation in CTNext mentorship network.

Section 32-39p. - Connecticut 500 Project. Goals. Solicitation of bids.

Section 32-39q. - Assessment of innovation and entrepreneurship in the state. Audits and analyses by grant recipient. Report. Application procedure.

Section 32-39r. - Financial assistance priority for entities located in designated innovation places.

Section 32-39s. - Innovation and entrepreneurship at public and independent institutions of higher education. Working group. Master plan development.

Section 32-39t. - Higher Education Entrepreneurship Advisory Committee. Membership. Applications. Recommendation of approval.

Section 32-39u. - Start-up businesses in designated innovation place located in a single municipality. Grant-in-aid program.

Section 32-39v. - Internet web site re Connecticut-based start-up businesses. Requirements. Promotion of web site.

Section 32-39w. - Assistance with state strategic economic planning.

Section 32-39x. - Entrepreneurs-in-Residence program. Proof of concept fund.

Section 32-39y. - Recapitalization of innovation place program. Bond authorization.

Section 32-40. - Applications for financial aid.

Section 32-40a. - Advanced technology centers; purposes. Applications to Connecticut Innovations, Incorporated for state funding.

Section 32-40b. - State funding for advanced technology centers; considerations in approval process by Connecticut Innovations, Incorporated.

Section 32-40c. - State funding for any advanced technology center to be approved only when funds from other sources are at least equal to the state funds.

Section 32-41. - Bond issue.

Section 32-41a. - Connecticut Innovations, Incorporated Fund. Use of funds or revenues of the corporation.

Section 32-41aa. - Connecticut Bioscience Innovation Fund. Definitions.

Section 32-41b. - Bond issue for high technology products. Loan interest rates.

Section 32-41bb. - Bioscience Innovation Advisory Committee.

Section 32-41cc. - Connecticut Bioscience Innovation Fund. Establishment. Financial assistance. Report.

Section 32-41dd. - Bond authorization for Connecticut Bioscience Innovation Fund.

Section 32-41g. - Short title: Technology Deployment Act of 1993.

Section 32-41h. - Legislative finding.

Section 32-41i. - Definitions.

Section 32-41j. - Manufacturing application center program.

Section 32-41jj. (Formerly Sec. 19a-32d). - Regenerative medicine research: Definitions. Prohibition on human cloning. Disposition of embryos or embryonic stem cells following infertility treatment. Written consent required for donations. Embryonic s...

Section 32-41k. - Deployment research program.

Section 32-41kk. (Formerly Sec. 19a-32e). - Regenerative Medicine Research Fund. Application for financial assistance. Available funding.

Section 32-41l. - Energy and environmental technologies deployment center program.

Section 32-41ll. (Formerly Sec. 19a-32f). - Regenerative Medicine Research Advisory Committee. Membership. Duties.

Section 32-41m. - Connecticut educational and job training technologies deployment center programs.

Section 32-41mm. (Formerly Sec. 19a-32g). - Peer review of applications for financial assistance. Qualifications and duties of peer reviewers. Rating and scoring guidelines.

Section 32-41n. - Critical technologies grant program.

Section 32-41nn. - Bond authorization for Regenerative Medicine Research Fund.

Section 32-41o. - Bond issue for technology deployment.

Section 32-41oo. - Program to incentivize formation of new venture capital funds.

Section 32-41p. - Workplace center of excellence program.

Section 32-41pp. - Program to encourage development of technologies and techniques concerning crumbling concrete foundations.

Section 32-41q. - Critical industries development account. Purpose. Regulations.

Section 32-41qq. - Plan to collect data re crumbling concrete foundations.

Section 32-41r. - Short title: Economic Recovery Act of 1996.

Section 32-41s. - Bioscience, biotechnology, pharmaceutical and photonics businesses. Benefits. Regulations.

Section 32-41t. - High technology research and development program: Definitions.

Section 32-41u. - High technology research and development program: Establishment and purpose.

Section 32-41v. - Connecticut New Opportunities Fund.

Section 32-41w. - Early-stage venture capital program.

Section 32-41x. - Preseed financing account and program.

Section 32-41y. - Connecticut Bioscience Collaboration program. Connecticut Bioscience Collaboration Fund.

Section 32-41z. - Bond issue for the Connecticut Bioscience Collaboration program.

Section 32-42. - Examination. Audits.

Section 32-43. - State pledge.

Section 32-44. - Powers to be interpreted broadly.

Section 32-45. - Inconsistent provisions of law.

Section 32-46. - Tax exemption.

Section 32-47. - Personal liability of directors or persons acting on behalf of the corporation.

Section 32-47a. - Business plan. Report.