The application process involves four steps:

Step 1
Interested applicants must complete and execute the Qualified Connecticut Business Application. The application along with all documents requested under Part E of the application and the nonrefundable application fee of $250 (payable to Connecticut Innovations, Inc.) must be submitted to:

Connecticut Innovations, Inc.
470 James Street, Ste 8
New Haven, CT 06513
Attn: Stepheni Harpin

Step 2
Once the complete application and requested documents are received, they will be reviewed to determine whether the applicant meets the criteria.

Step 3
The applicant will be notified by email as to the results of Connecticut Innovations’ review of its application. If the application does not meet established criteria, the email will outline the reasons for denial. If the applicant meets the established criteria, it will receive a email stating such and will be placed on the Qualified Connecticut Company List. The Qualified Connecticut Company List contains the following information about the Connecticut company:

• Company name, location and contact information
• Company’s business activity
• Amount of investment sought by the company
• Type of qualified security to be issued by the company

Step 4
Once a year, on the anniversary of its approval as a Qualified Connecticut Business, the applicant will be required to recertify the information contained in the application originally submitted to CI to remain on the Qualified Connecticut Company List.

*Investment / Tax Credit
$25,000 / $6,250
$50,000 / $12,500
$100,000 / $25,000
$250,000 / $62,500
$500,000 / $125,000
$1,000,000 / $250,000
$1,500,000 / $375,000
$2,000,000 / $500,000