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Program

Connecticut R&D Tax Credit + Cash Exchange

Provides Connecticut cash-based innovation credits that reduce upfront costs for startups.

Connecticut Department of Revenue ServicesConnecticutTax credit

Connecticut's R&D Tax Credit + Cash Exchange is administered by the Department of Revenue Services. It combines the state's incremental and non-incremental R&D credits into a tax-credit route against corporation business tax liability, with a cash-exchange feature for firms that need liquidity. It is a tax incentive, not a grant.

The cash-exchange path is available to companies with Connecticut q…

AerospaceBiotechAdvanced Manufacturing

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.

Last verified: 11 May 2026Source: portal.ct.gov