(a) On and after July 1, 2017, CTNext, established pursuant to section 32-39f, shall maintain an Internet web site that advertises (1) Connecticut-based start-up businesses that have been approved by Connecticut Innovations, Incorporated as qualified recipients of cash investments from angel investors pursuant to section 12-704d, and (2) Connecticut-based start-up businesses that are seeking funding on reward-based and equity-based crowdfunding Internet web sites. For each business advertised on such Internet web site, CTNext shall include a description of such business and the product, project or venture proposed by such business and links to the Internet web site and crowdfunding Internet web site associated with such business, as applicable. For purposes of this section, “crowdfunding” means funding a product, project or venture by seeking small individual cash contributions from a large number of people.
(b) CTNext, the Department of Economic and Community Development and Connecticut Innovations, Incorporated shall each post on the home page of its Internet web site a link to the Internet web site maintained pursuant to subsection (a) of this section. CTNext shall advertise and promote such Internet web site with paid advertisements on Internet web sites and any other means as determined by CTNext.
(May Sp. Sess. P.A. 16-3, S. 30.)
History: May Sp. Sess. P.A. 16-3 effective July 1, 2016.