HARTFORD — The Rell administration and Democratic lawmakers have agreed on a comprehensive economic development bill with more than $250 million to help small businesses.
The bill, headed for an expected vote in the House today, redirects $200 million in insurance industry tax credits to a 10-year-program of investing in technology startups.
The largest slice of the money will be offered to venture capital firms as a match to their investments in technology firms with fewer than 250 employees or less than $3 million in sales, as long as 80 percent of the firms' employees are in the state.
To read the full, original article click on this link: Governor, Democratic Lawmakers Agree On Economic Development Bill - Courant.com
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