This Digest highlights Connecticut's many incentives designed to encourage business growth and development. Risk capital and business development funding for proprietary and prototype technology is available through Connecticut Innovations.
Investments nay be in the form of equity, convertible debt, warrants or based on future royalties.
Assistance with the assessment, remediation and redevelopment of contaminated properties is available from state organizations working in partnership with private businesses and municipalities. Customized programs targeted at job creation and business expansion are available to promote economic development and competitiveness from Connecticut's telecommunications, electric, gas and water companies. Electric deregulation will save businesses millions of dollars annually as the industry is restructured and competition encouraged. Business licenses and permits can be obtained simultaneously from several state agencies through Smart Start, a program of the Office of Policy and Management and the Department of Economic and Community Development. A wide range of services to business offered by private and state organizations are coordinated by the Department of Economic and Community Development from 18 field offices located throughout the state.