How the 2017 Tax Reform Could Impact Startups

On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act (H.R.1) into law. The law contains numerous changes that will affect essentially all individuals and businesses. Broadly speaking, it includes sweeping modifications to the Internal Revenue Code, reductions to both individual and corporate tax rates, and a number of changes to allowable credits and deductions. While the …

2018 Outlook for Startups: Money Talks from the CI Bench

By Matthew McCooe, Chief Executive Officer After two decades of steady progress, Connecticut has emerged near the top of the list of desirable locations for startups. According to a new report from the financial website WalletHub, Connecticut is the nation’s 13th most innovative state in the country, outranking New York (22nd), Texas (14th) and Florida (19th). The linchpins of this evolution …

Connecticut has become a prime location for innovative start ups

If you are not a well-known coastal innovation hub, creating a culture of entrepreneurship and attracting tech investment can be a challenge. However, even for a state like Connecticut—known just 20 years ago as a crime-ridden, economic punchline—becoming a desirable haven of tech innovation is possible. In fact, with the right development of a supportive ecosystem, startup entrepreneurship can breed …

How to Win the VentureClash Competition

Perspectives from the 2017 Winners If your early-stage technology company is already successful but you see even greater potential though expansion into the United States market, then the CI VentureClash competition could be your way in. Since Connecticut Innovations began its annual global venture challenge in 2016, 12 companies from eight countries have won investment awards ranging from $500,000 to …

CI’s Venture Team Holiday Wish List

In the past year, Connecticut Innovations’ Venture Team had record investment activity, strong returns from its investments, and many portfolio companies on the “nice” list! For the coming year, CI compiled a wish list of recommendations for its portfolio companies that want to stay on the “nice” list in 2018:

Expert Advice on Successful Pitching

Tech Industry Guru Tim Armstrong Shares His Wisdom at VentureClash 2017 One of the highlights of the VentureClash 2017 live pitch competition was a fireside chat with Oath CEO Tim Armstrong moderated by WNPR business reporter Harriet Jones. To a captivated audience of entrepreneurs, investors and industry veterans, Tim delivered down-to-earth guidance on how to craft winning pitches and what …

Top Five Tips for Expediting a Brownfield TIF Project

Top Five Tips for Expediting a Brownfield TIF Project During the time that I have been with the Connecticut Brownfields Redevelopment Authority (CBRA), a wholly owned subsidiary of Connecticut Innovations, I have coordinated more than $12 million in CBRA financing to support more than $200 million in redevelopment projects across the state – using a financing vehicle known as tax …