Title 32, Title 32: Commerce and Economic and Community Development

Sec. 32-341. Small business assistance program. (a) There is established within Connecticut Innovations, Incorporated a small business assistance program under which the corporation shall make loans and loan guarantees and provide equity equivalent capital to businesses in this s…

Sec. 32-342. Surety companies and bonds. Technical assistance. The Commissioner of Economic and Community Development shall provide technical assistance to enable (1) surety companies to participate in the surety guarantee program of the United States Small Business Administratio…

Sec. 32-343. Bond issue. Section 32-343 is repealed, effective July 1, 1995. (P.A. 93-382, S. 46, 69; P.A. 95-272, S. 28, 29.)

Sec. 32-344. (Formerly Sec. 32-175). Definitions. As used in this section and sections 32-345 and 32-346: (1) “Business-led consortium” means a coalition or other group of entities, related by contractual or other arrangements, that (A) includes at least one Connecticut business …

Sec. 32-345. (Formerly Sec. 32-176). Development research and economic assistance matching grant program. (a) The Department of Economic and Community Development may establish a Connecticut development research and economic assistance matching grant program, within available app…

Sec. 32-346. Revolving account. The corporation shall establish a “Connecticut technology partnership assistance program revolving account”. Any and all references in any general statutes, procedure or legal document to the “phase III assistance program revolving account” shall, …

Sec. 32-347. Short title: Small Business Recovery Act of 1993. Sections 32-347 to 32-349, inclusive, shall be known and may be cited as the “Small Business Recovery Act of 1993”. (P.A. 93-382, S. 50, 69.) History: P.A. 93-382 effective July 1, 1993.

Sec. 32-348. Establishment of a manufacturing extension service (CONNSTEP). Grants. Bond issue. Section 32-348 is repealed, effective July 1, 2012. (P.A. 93-382, S. 51, 69; P.A. 94-116, S. 11, 28; P.A. 95-250, S. 1; P.A. 96-211, S. 1, 5, 6; P.A. 98-203, S. 2, 13; P.A. 11-61, S. 1…

Sec. 32-349. One-stop business registry. Bond issue. (a) There shall be established a one-stop business registry in the Department of Economic and Community Development. The Secretary of the Office of Policy and Management shall coordinate the establishment of the business regist…

Sec. 32-350. Definitions. As used in sections 32-350 to 32-352, inclusive: (1) “Commissioner” means the Commissioner of Economic and Community Development; (2) “Woman-owned business” means any business (A) of which fifty-one per cent or more of the capital stock, if any, or asset…

Sec. 32-351. Micro-loan program for woman-owned businesses. (a)(1) There is established a micro-loan program for woman-owned businesses. The commissioner may enter into a contract with a quasi-public agency, financial institution or nonprofit corporation to provide for the admini…

Sec. 32-352. Business management training program. Each woman-owned business that receives a loan or loan guarantee pursuant to section 32-351 shall participate in a business management training program as designated by the commissioner. The commissioner may establish a business …

Sec. 32-353. Definitions. As used in sections 32-353 to 32-355, inclusive: (1) “Commissioner” means the Commissioner of Economic and Community Development; (2) “Minority-owned business” means any business (A) that is a minority business enterprise, as defined in section 4a-60g, a…

Sec. 32-354. Micro-loan program for minority-owned businesses. (a)(1) There is established a micro-loan program for minority-owned businesses. The commissioner may enter into a contract with a quasi-public agency, financial institution or nonprofit corporation to provide for the …

Sec. 32-355. Business management training program. Each minority-owned business that receives a loan or loan guarantee pursuant to section 32-354 shall participate in a business management training program as designated by the commissioner. The commissioner may establish a busine…

Sec. 32-356. Small business incubator account. There is established an account to be known as the small business incubator account, which shall be a separate, nonlapsing account within the General Fund. The commissioner may use funds from the account to provide administrative exp…

Sec. 32-357. Plan to increase funds provided pursuant to the small business innovation research program and small business technology transfer program. Connecticut Innovations, Incorporated, in consultation with the Department of Economic and Community Development and the Connect…

Secs. 32-380 and 32-381. Legislative finding. Definitions. Sections 32-380 and 32-381 are repealed, effective January 12, 1999. (Sept. Sp. Sess. P.A. 93-1, S. 1, 2, 35; Dec. Sp. Sess. P.A. 98-1, S. 42, 43.)

Sec. 32-382. Bond authorization. The State Bond Commission shall have power, in accordance with the provisions of sections 32-382 to 32-386, inclusive, and section 32-393, from time to time to authorize the issuance of bonds of the state in one or more series and in principal amo…

Sec. 32-383. Bonds and notes. (a) All provisions of section 3-20, or the exercise of any right or power granted thereby which are not inconsistent with the provisions of sections 32-382 to 32-385, inclusive, are hereby adopted and shall apply to all bonds authorized by the State …

Secs. 32-384 to 32-409. Revenues from lease of the project. Proceeds of bonds previously authorized for other projects allowed to be expended for the project; bond authorization. Stadium Oversight Commission. Condemnation of real property for stadium and practice facility sites. …

Secs. 32-425 to 32-434. Definitions. Connecticut Port Authority; establishment; board members; procedures. Perpetual succession; termination. Board of directors. Executive director. Purpose. Powers. Foreign-trade zones. Annual reports; examination; audits. Business plan; reports.…

Sec. 32-435. Connecticut Port Authority. Powers and duties. Board of directors. Executive director. Section 32-435 is repealed, effective July 1, 2015. (P.A. 14-222, S. 1; P.A. 15-61, S. 6; June Sp. Sess. P.A. 15-5, S. 519.)

Sec. 32-450. Definitions. As used in sections 32-450 to 32-458, inclusive: (1) “Awarding authority” means the Commissioner of Economic and Community Development and the board of directors of Connecticut Innovations, Incorporated. (2) “Economic development financial assistance” me…

Sec. 32-451. Public policy objectives for threshold projects. Each awarding authority shall (1) develop a written statement articulating the public policy objectives for threshold projects under each economic development financial assistance program administered by the authority …

Sec. 32-452. Information required for threshold projects. (a) Each business seeking economic development financial assistance for a threshold project shall submit the following prior to any decision by the awarding authority regarding such assistance: (1) A statement explaining h…

Sec. 32-453. Additional criteria for award of financial assistance. (a) In addition to the criteria specified under the provisions of the general statutes authorizing each economic development financial assistance program, the awarding authority shall consider the following crite…

Sec. 32-454. Reports. (a) Each awarding authority shall require each recipient of economic development financial assistance for a threshold project to report annually to the authority on its progress toward achieving the public policy objectives which they have agreed to under su…

Sec. 32-455. Contracts. The awarding authority shall include provisions in the contract with a recipient of economic development financial assistance for a threshold project that (1) require the recipient to use the assistance only for the purposes approved by the authority and (…

Sec. 32-456. Logs of pending requests for assistance. Each awarding authority shall maintain a log containing a list of all pending requests for economic development financial assistance for threshold projects. The log shall be organized by the municipalities affected by such req…

Sec. 32-457. Confidential or proprietary information or trade secrets. Notwithstanding any provision of sections 32-450 to 32-457, inclusive, (1) no business seeking economic development financial assistance for a threshold project shall be required to disclose confidential or pr…

Sec. 32-458. Liabilities of applicants for financial assistance. Any awarding authority, as defined in section 32-450, when determining whether to grant any economic development financial assistance, shall consider whether the applicant for such financial assistance or any princi…

Sec. 32-459. Return or use of unused grant awards. The Department of Economic and Community Development shall include in any agreement for the award of a grant by the department a date by which the grant recipient shall (1) return any unused grant award to the department, or (2) …

Sec. 32-462. Limitation on the amount of financial assistance which may be awarded without specific approval by the General Assembly. Exception. (a) As used in this section: (1) “Agency” means the Department of Economic and Community Development or Connecticut Innovations, Incorp…

Sec. 32-462a. Authorization for financial assistance to Torrington Development Corporation. In accordance with the provisions of section 32-462, during the period commencing November 2, 2007, and ending June 30, 2009, the Department of Economic and Community Development may provi…

Sec. 32-462b. Authorization for financial assistance to the Steel Point project in Bridgeport. In accordance with the provisions of section 32-462, during the period commencing January 1, 2010, and ending June 30, 2020, any agency, as defined in section 32-462, may provide financ…

Secs. 32-463 to 32-474. Reserved for future use. PART II HIGH PERFORMANCE WORK ORGANIZATIONS

Sec. 32-475. Definition. As used in sections 32-475 to 32-480, inclusive: “High performance work organization” means a person, firm or corporation which establishes a work environment which enhances the ability of the person, firm or corporation to: (1) Demonstrate a commitment t…

Sec. 32-476. Commissioner of Economic and Community Development required to give priority to applicants establishing high performance work environments. The Commissioner of Economic and Community Development shall give priority to applicants who have established a work environmen…

Sec. 32-477. Connecticut Innovations, Incorporated required to give priority to certain applicants establishing high performance work environments. The board of directors of Connecticut Innovations, Incorporated shall give priority to applicants who have established a work enviro…

Sec. 32-478. Connecticut Innovations, Incorporated required to give priority to certain applicants establishing high performance work environments. The board of directors of Connecticut Innovations, Incorporated shall give priority to applicants who have established a work enviro…

Sec. 32-479. Development of goals, objectives and outcome measures. Annual reports. Not later than July 1, 1996, the Commissioner of Economic and Community Development, the Labor Commissioner and Connecticut Innovations, Incorporated shall jointly develop goals and objectives and…

Sec. 32-480. Encouragement of utilization of high performance work practices. The Department of Economic and Community Development, the Labor Department and Connecticut Innovations, Incorporated shall, when appropriate, encourage persons, firms and corporations which contact said…

Sec. 32-500. Definitions. As used in sections 32-500 to 32-512, inclusive: (1) “Corporation” means Connecticut Innovations, Incorporated; (2) “Commissioner” means the Commissioner of Economic and Community Development; (3) “Department” means Department of Economic and Community D…

Sec. 32-501. Commissioner's duties re international trade. State business trade with African countries. (a) The commissioner shall have jurisdiction over the coordination of trade development activities in the state. The commissioner shall initiate, conduct and coordinate the imp…

Sec. 32-502. Export extension service program. There is hereby established within the Department of Economic and Community Development an export extension service program for the purpose of awarding, within available resources, a grant to a public, private or nonprofit entity for…