Chapter 581. Innovation Capital Act of 1989. Connecticut Innovations, Incorporated
Section
32-32Short title: Innovation Capital Act of 1989.32-33Legislative finding.32-34Definitions.32-35Connecticut Innovations, Incorporated.32-36Perpetual succession. Termination.32-37Board of directors.32-38Chief executive officer.32-39Corporate purpose; powers.32-39a and 32-39bPowers re investments during early stage of ventures. Powers re financial aid for marketing innovative services.32-39cLimitation on liability of Connecticut Innovations, Incorporated and certain officers with respect to affiliates of the corporation.32-39dGuarantees of corporation made investment securities.32-39eDevelopment of new or experimental technologies, products or processes. Procurement for state agencies. Program to recognize state agencies.32-39fDefinitions. Use of funds available in CTNext Fund.32-39gPowers of the commissioner for certain purposes.32-39hCTNext. Procedures.32-39iCTNext Fund established. Uses.32-39jDefinitions.32-39kInnovation place program. Purposes.32-39lPlanning grants-in-aid. Innovation place designation. Applications. Public hearing.32-39mInnovation place designation applications approval. Award of grants-in-aid. Considerations. Report.32-39nVenture or investment agreements entered into by Connecticut Innovations, Incorporated.32-39oForgiveness of received state assistance for participation in mentorship network.32-39pConnecticut 500 Project. Goals. Solicitation of bids.32-39q to 32-39sAssessment of innovation and entrepreneurship in the state; audits and analyses by grant recipient; report; application procedure. Financial assistance priority for entities located in designated innovation places. Innovation and entrepreneurship at public and independent institutions of higher education; working group; master plan development.32-39tHigher Education Entrepreneurship Advisory Committee. Membership. Applications. Recommendation of approval.32-39u to 32-39wStart-up businesses in designated innovation place located in a single municipality; grant-in-aid program. Internet web site re Connecticut-based start-up businesses; requirements; promotion of web site. Assistance with state strategic economic planning.32-39xEntrepreneurs-in-Residence program. Proof of concept fund.32-39yBond authorization. Proceeds used for purposes of CTNext Fund.32-40Applications for financial aid.32-40aAdvanced technology centers; purposes. Applications to Connecticut Innovations, Incorporated for state funding.32-40bState funding for advanced technology centers; considerations in approval process by Connecticut Innovations, Incorporated.32-40cState funding for any advanced technology center to be approved only when funds from other sources are at least equal to the state funds.32-41Bond issue.32-41aConnecticut Innovations, Incorporated Fund. Use of funds or revenues of the corporation.32-41bBond issue for high technology products. Loan interest rates.32-41c to 32-41f32-41c to 32-41f32-41gShort title: Technology Deployment Act of 1993.32-41hLegislative finding.32-41iDefinitions.32-41jManufacturing application center program.32-41kDeployment research program.32-41lEnergy and environmental technologies deployment center program.32-41mConnecticut educational and job training technologies deployment center programs.32-41nCritical technologies grant program.32-41oBond issue for technology deployment.32-41pWorkplace center of excellence program.32-41qCritical industries development account. Purpose. Regulations.32-41rShort title: Economic Recovery Act of 1996.32-41sBioscience, biotechnology, pharmaceutical and photonics businesses. Benefits. Regulations.32-41tHigh technology research and development program: Definitions.32-41uHigh technology research and development program: Establishment and purpose.32-41vConnecticut New Opportunities Fund.32-41wEarly-stage venture capital program.32-41xPreseed financing account and program.32-41yConnecticut Bioscience Collaboration program. Connecticut Bioscience Collaboration Fund.32-41zBond issue for the Connecticut Bioscience Collaboration program.32-41aaConnecticut Bioscience Innovation Fund. Definitions.32-41bbBioscience Innovation Advisory Committee.32-41ccConnecticut Bioscience Innovation Fund. Establishment. Financial assistance. Report.32-41ddBond authorization for Connecticut Bioscience Innovation Fund.32-41ee to 32-41ii32-41ee to 32-41ii32-41jj(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 stem cell research authorized. Penalties.32-41kk(Formerly Sec. 19a-32e). Regenerative Medicine Research Fund. Application for financial assistance. Available funding.32-41ll(Formerly Sec. 19a-32f). Development of donated funds program to encourage regenerative medicine research. Administration of Regenerative Medicine Research Fund.32-41mm(Formerly Sec. 19a-32g). Peer review of applications for financial assistance. Qualifications and duties of peer reviewers. Rating and scoring guidelines.32-41nnBond authorization for Regenerative Medicine Research Fund.32-41ooProgram to incentivize formation of new venture capital funds.32-41ppProgram to encourage development of technologies and techniques concerning crumbling concrete foundations.32-41qqPlan to collect data re crumbling concrete foundations.32-42Examination. Audits.32-43State pledge.32-44Powers to be interpreted broadly.32-45Inconsistent provisions of law.32-46Tax exemption.32-47Personal liability of directors or persons acting on behalf of the corporation.32-47aBusiness plan. Report.