CONNECTICUT STATUTES AND CODES
Sec. 32-40c. State funding for any advanced technology center to be approved only when funds from other sources are at least equal to the state funds.
Sec. 32-40c. State funding for any advanced technology center to be approved
only when funds from other sources are at least equal to the state funds. Funds from
the state of Connecticut for purposes of any advanced technology center, as defined in
section 32-34, shall not be allotted for such purpose unless documentation, satisfactory
to the Secretary of the Office of Policy and Management, has been submitted to Connecticut Innovations, Incorporated, certifying that such funds are accepted in accordance
with a plan of proposed funding for such advanced technology center during a period
of five years, commencing with the year of the initial state grant for such purpose. Such
proposed funding shall include, in addition to the proposed amounts from the state of
Connecticut, funds from other sources in an amount not less than the total proposed
funds from the state during such five-year period.
(P.A. 91-388, S. 4, 7.)
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