The Commissioner of Economic and Community Development may forgive a portion of any state assistance received by a technology-based business and owed to the state if such business participates in a mentorship network established by CTNext. The commissioner shall develop a formula to calculate such state assistance forgiveness based on the hours of mentorship provided by any such business.
(May Sp. Sess. P.A. 16-3, S. 15.)
History: May Sp. Sess. P.A. 16-3 effective June 2, 2016.
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