32-72-1

Regulations of Connecticut State Agencies


Sec. 32-72-1. Definitions

(a) Commissioner means the Commissioner of Economic Development

(b) Department means the Department of Economic Development;

(c) Small business means a business whose gross revenues in the most recently completed fiscal year do not exceed $1.5 million, who complete a business plan providing evidence that the necessary capital required is available after the State's injection of not more than 50% of the total capital requirements of the business from this loan fund.

(Effective August 28, 1984)