Economic Inducement Financing Program (Connecticut)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place Connecticut

Applies to States or Provinces Connecticut
Name Economic Inducement Financing 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 No
Implementing Sector State/Province

Program Administrator Connecticut Development Authority
Primary Website

Last Review 2014-09-15


Companies relocating to or expanding within the state are eligible for CDA direct loans up to $5 million through its Economic Inducement Financing Program. proceeds may be used for working capital, equipment, facilities, or mortgages. Eligible companies must contribute to Connecticut’s technology base, intellectual capital, urban infrastructure, economic base, employment, tax revenues, or export of products and services.

Policy Contact

Contact Name Janet M. Siegenthaler
Department Connecticut Development Authority

Phone 860.258.7816