TECHNOLOGY-INTENSIVE FINANCING - For early-stage or expanding technology-intensive businesses and projects (1)
 Use of Proceeds:
- Term working capital
- Software, hardware, and infrastructure
- Machinery and equipment
- Facilities purchase, construction or expansion
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CDA Programs - Direct, guaranteed or participating loans and mezzanine financing for businesses and projects |
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Amount - Up to $5 million |
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Term Maturity - Tailored to each transaction--up to 20 years |
(1) Tax Increment Financing (TIF)-based cash incentives may be available for technology-intensive projects in designated communities--See Technology-Intensive Incentives
TECHNOLOGY-INTENSIVE INCENTIVES - Tax Incremental Financing (TIF) based on cash incentives to construct facilities for technology-intensive use (2)
Use of Proceeds:
- Construct technology-intensive facilities in designated communities
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CDA Programs (3) - Technology-Intensive TIF |
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Incentive Amount - Determined by project, incremental tax revenues, municipality and CDA |
(2) CDA also provides direct, guaranteed and participating loans for technology-intensive companies and projects
(3) Technology-Intensive TIF is a program of the Connecticut Development Authority and its subsidiary, the Connecticut Brownfields Redevelopment Authority
Applications:
Tax Increment Financing Application
© 2006-2010 CT Development Authority
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