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Current as of January 01, 2025 | Updated by Findlaw Staff
The corporation shall select, from among eligible applicants, regional corporations on the basis of:
(1) The ability of the regional corporation to administer a regional revolving loan fund authorized under sections 32-271 to 32-284, inclusive, or to enter into participating agreements with small business lending corporations;
(2) The extent of coordination with other publicly supported financial assistance programs available within the region represented by the regional corporation;
(3) The degree of public and private support within the region for the applicant regional corporation; and
(4) The ability of the regional corporation to provide financial and other assistance to businesses located in distressed areas within the region.
Cite this article: FindLaw.com - Connecticut General Statutes Title 32. Commerce and Economic and Community Development § 32-270. Selection of regional corporations - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-32-commerce-and-economic-and-community-development/ct-gen-st-sect-32-270/
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