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News from State Senator Terry Gerratana
     

July 20, 2016

Capitol address
Legislative Office Building
Room 3000
Hartford, CT 06106-1591

E-mail me here

On the Web
Senator Gerratana

Phone
Capitol: 860-240-0584
Toll-free: 1-800-842-1420

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Helping New Entrepreneurs Build their First Business

Startups
Starting a new business is a daunting, intimidating process. This year I helped pass a new law that helps ease some of that burden, helping entrepreneurs make their business idea a reality.

Senate Bill 303, now Public Act 16-1, establishes the Entrepreneur Learner's Permit program. This program helps first-time entrepreneurs establish their own information technology, biotechnology or green technology businesses. Connecticut Innovations (CI) will administer the program, reimbursing qualifying entrepreneurs for state fees associated with forming a business.

This bill directly addresses the unique needs of the entrepreneurial community, allowing them to minimize some of the expense of launching a new business. Specifically, CI will reimburse approved entrepreneurs for any state filing, permitting, or licensing fees associated with forming their business in Connecticut.

CI will review the effectiveness of the Entrepreneur Learner's Permit pilot program by February 1, 2018. Following this review of the program's economic impact on the state, the number of jobs it has helped create and businesses it has helped form, the Commerce Committee will determine whether the program should continue.
 

You're receiving this newsletter because you either opted in via e-mail or on my website, or you've been in touch with me or my office regarding an issue or issues of importance to you.

My mailing address is:
Senator Terry Gerratana, Legislative Office Building, Room 3000, Hartford, Connecticut 06106
Capitol telephone: 860-240-0584, or Toll-free: 1-800-842-1420

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