We know many Connecticut businesses are struggling as they deal with the effects of COVID-19. We appreciate their perseverance and know they share our commitment to keeping our residents healthy. The state, working with its federal partners, has several programs and initiatives in place to assist businesses during this difficult period. For specific questions related to small business, email the Joint Information Center at COVID19.JIC@ct.gov, or call the DECD small business hotline at 860-500-2333. Individuals can call 2-1-1 for more information.

Insurance Reinvestment Tax Credit

Overview

Are you an insurance company willing to invest your capital with approved fund managers who in turn invest such capital in growing Connecticut businesses? If so, you may be eligible for a 100% tax credit on your insurance premiums. Funding opportunities include 25% committed to green technology businesses and 3% to pre-seed investments. 


Contact

For additional information or questions, insurers can contact:

Victor Budnick
Advantage Capital/Ironwood Capital
45 Nod Road
Avon, CT 06001
Phone: (860) 409-2108
Email: budnick@ironwoodcap.com

Charles Haberkorn
Stonehenge Capital
Six Landmark Square – 4th Floor
Stamford, CT 06901
Phone: (203) 359-5718
Email: cehaberkorn@stonehengecapital.com 

Liddy Karter
Enhanced Capital Partners, Inc. 
1055 Washington Blvd, 8th Floor
Stamford, CT 06901
Phone: (203) 614-8771
Email: LKarter@enhancedcapital.com