Connecticut Innovations will make investments from the $200 million CBIF over the next 10 years in the form of grants, equity investments and loans to speed commercializable bioscience breakthroughs to market. Start-ups and early stage businesses may apply for secured convertible loans or equity. Accredited colleges and universities together with non-profits (Academics) may apply for royalty bearing grant funding up to $500,000.
CBIF also provides scientists and companies that are conducting biomedical or embryonic or human adult stem cell research with an opportunity to apply for funding.
To submit reports for the program formerly known as the Regenerative Medicine Research fund, please email: RMRF@ctinnovations.com.
Snapshot of common characteristics
CI has funding available for Connecticut universities, colleges and non-profit organizations looking to develop commercializable innovations. While we’re open to evaluating projects, we also look for:
Universities, colleges and non-profit organizations must be based in Connecticut.
CBIF is looking for universities, colleges and non-profit organizations likely to lead to an improvement in or development of commercializable services, therapeutics, diagnostics, or devices.