The Connecticut Green Bank seeks proposals from registered and qualified marketplaces to host crowdfunding offerings, specifically focused on the Green Liberty Notes program and expanded green infrastructure investments. The selected marketplace will provide comprehensive services related to hosting, execution, and administration of Green Bank's crowdfunded issuances over an initial three-year term.
Scope of services includes investor support and communications, investor experience management with platform hosting and onboarding capabilities, cap table management with secure data storage for investor information and varying interest rates, escrow coordination, ongoing administrative services including repayment processing and tax reporting (Form 1099-int), SEC compliance support including Form C and Form C-AR filings, marketing and platform visibility optimization, reinvestment mechanisms for investors, foundation and philanthropic capital mobilization support for program-related investments (PRIs) and mission-related investments (MRIs), platform innovation capabilities, compliance with applicable laws and Green Bank policies, marketing coordination, and stakeholder engagement participation.
Key dates include a questions deadline of February 18, 2026 at 5:00 PM Eastern Time, proposal submission deadline of February 25, 2026 at 5:00 PM Eastern Time, anticipated oral interviews during the week of March 2, 2026, and results notification by March 13, 2026. Proposers must identify which scope items they will perform directly versus through partners or subcontractors in a clear table format.
Proposals must include background information on the firm's capabilities and organizational structure, personnel resumes for primary contact, compliance review, and investor support roles, history of crowdfunding issuances with summary statistics, audited financial statements and liquidity forecasts, SOC2 Type audit or NIST compliance documentation, detailed experience with scope of services, experience with Green Bank investment areas in clean energy and environmental infrastructure, approach to bringing new issuances to market with marketing capabilities, technical and innovative capabilities with specific issuance examples, three references with contact information, and proposed fee structures for Green Liberty Notes (assuming $1.4M raised annually from four issuances) and other crowdfunded offerings (up to $3.6M annually).