Connecticut § 32-39k - Innovation place program. Purposes.
Full text of Connecticut Connecticut General Statutes § 32-39k — Innovation place program. Purposes., with citation guidance and answers to common questions.
§ 32-39k. Innovation place program. Purposes.
Sec. 32-39k. Innovation place program. Purposes. The commissioner may establish an innovation place program within the department. If such program is established, the purpose of such program shall be to (1) foster innovation and entrepreneurship by facilitating the designation and establishment of innovation places consisting of one or more compact geographic areas within the same municipality having entrepreneurial and innovation potential where (A) existing anchor institutions, institutions, companies and recreational spaces are in close proximity to start-up and growth stage businesses, (B) public transit is accessible, (C) a significant portion of the underlying zoning allows for mixed-use development, including, but not limited to, housing, office and retail, and (D) foot traffic is facilitated; (2) identify, designate and fund the initial costs associated with development of an innovation place; (3) encourage collaboration among institutions of higher education, medical institutions, hospitals, existing companies, start-up and growth stage businesses, researchers and investors; (4) encourage the leveraging of private investment in designated innovation places; and (5) connect entrepreneurs who are facing similar opportunities and challenges with other entrepreneurs and with private and public resources.
(May Sp. Sess. P.A. 16-3, S. 6; P.A. 24-149, S. 8.)
History: May Sp. Sess. P.A. 16-3 effective July 1, 2016; P.A. 24-149 replaced “There is established” with “The commissioner may establish”, “CTNext. The” with “the department. If such program is established, the” and “is” with “shall be”, effective July 1, 2024.
Frequently Asked Questions About Connecticut § 32-39k
What does Connecticut General Statutes § 32-39k cover?
Section 32-39k ("Innovation place program. Purposes.") is part of the Connecticut General Statutes, the codified statutory law of Connecticut. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Connecticut § 32-39k?
A common citation format is "Connecticut General Statutes § 32-39k" (Connecticut). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Connecticut law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Connecticut official source linked on this page or consult a licensed Connecticut attorney.
How does Connecticut § 32-39k apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Connecticut can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Connecticut.