• Financing
  • Loans & Guarantees
  • Small & Early Stage Business
  • Bond Financing
  • Brownfields Redevelopment
  • Specialty Programs
    • SALES & USE TAX RELIEF PROGRAM
    • EXPORT FINANCING
    • ENERGY PROJECT FINANCING
    • TECHNOLOGY-INTENSIVE
      • TECHNOLOGY-INTENSIVE FINANCING
      • TECHNOLOGY-INTENSIVE INCENTIVES
    • ECONOMIC INDUCEMENT FINANCING
    • IT LOAN PROGRAM

TECHNOLOGY-INTENSIVE FINANCING

• About the Program
  1. Direct and guaranteed commercial loans and mezzanine financing
  2. Made in concert with or independent of private- or public-sector lenders and investors
  3. Loans may be made at below-market interest rates for projects with significant economic benefits to the state
• Eligibility:
  1. High technology, information technology, communications businesses or incubators
  2. Hardware, software developers/manufacturers
  3. "Smart" buildings, laboratory and research facilities
  4. Technology and communications infrastructure projects
  5. The project must have the potential to contribute to the state's:

     Technology Base	Intellectual Capital
     Economic Base	Employment
     Urban Infrastructure	Tax Revenues
     Export of Products and Services

  6. It must be evident that the project can meet the repayment terms of CDA's investment
  7. Developers of technology-intensive facilities may be eligible
  8. The lessees and lessors of technology-intensive facilities may be eligible
  9. Performance guarantees may be eligible
• Loan Terms:
  1. Appropriate to business opportunity
  2. Maturity tailored to transaction–up to 20 years
  3. Personal guarantee of owner(s)
  4. Equity interest may be required when appropriate
  5. CDA assistance up to $20,000 per job created or retained
• Benefits to Borrower:
  1. Access to attractive financing terms
  2. Access to financing that is otherwise unavailable
  3. Incentive to establish and expand business in Connecticut
• Borrower's Process:

  Contact CDA Loan Officers:

  Janet M. Siegenthaler 860.258.7816	P. Joseph Harpie 860.258.7832
  Brien T. Day 860.258.7831	Linda L. Wieleba 860.258.7894

• CDA Process:
  1. Flash response within 2-3 days following receipt of all appropriate documentation
  2. Staff review in 4-7 days
  3. Submit final documentation by 1st day of month
  4. Transactions presented to CDA's Board of Directors monthly
  See our CDA Lending Partners
• For Additional Information on all CDA Programs: Contact CDA by email.

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