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CT SB00224
Bill
Status
2/23/2012
Primary Sponsor
Commerce Committee
Click for details
AI Summary
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Defines "small business" as Connecticut-located businesses with 50 or fewer employees and "medium business" as those with 51-100 employees, effective July 1, 2012
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Requires University of Connecticut at Storrs and the Connecticut Center for Advanced Technologies to establish a collaborative program assisting small and medium businesses developing innovations in advanced manufacturing technologies
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Program may provide access to university and center facilities, equipment, staff, and students, with eligibility criteria including minimum contribution levels from participating businesses
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Appropriates $1 million from the General Fund to University of Connecticut for fiscal year ending June 30, 2013, to fund the program and develop collaborations
Legislative Description
An Act Increasing The Competitiveness Of Small And Medium Businesses Through Research And Development.
Last Action
Referred by Senate to Committee on Appropriations
4/17/2012