Direct Loan Program (Connecticut)

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Last modified on February 12, 2015.

EZFeed Policy

Place Connecticut


   
Applies to States or Provinces Connecticut
Name Direct Loan Program (Connecticut)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes

Implementing Sector State/Province



























Program Administrator Connecticut Development Authority
Primary Website http://www.ctinnovations.com/direct-loans



Last Review 2014-05-23
Last Substantive Modification
to Summary
2014-05-23


Summary

The Connecticut Development Authority’s Direct Loan Program provides direct senior and subordinated loans and mezzanine investments to companies creating or maintaining jobs. Up to $20,000 per job is available and proceeds may be used for working capital, equipment purchase, mortgage payments, or Brownfield remediation or redevelopment. The program provides access to loan funds that are otherwise unavailable to the borrower.



Policy Contact

Contact Name Janet M. Siegenthaler
Department Connecticut Development Authority





Phone 860.258.7816      




     
     


















References