The Commissioner of Economic and Community Development may forgive a portion of any state assistance received by a technology-based business and owed to the state if such business participates in a mentorship network established by the department. The commissioner shall develop a formula to calculate such state assistance forgiveness based on the hours of mentorship provided by any such business.
Conn. Gen. Stat. § 32-39o
( May Sp. Sess. P.A. 16-3 , S. 15 .)