Connecticut General Statutes
Chapter 581 - Innovation Capital Act of 1989. Connecticut Innovations, Incorporated
Section 32-42. - Examination. Audits.

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.