We invest up to $1.5 million per round, typically up to a maximum of $7 million in any one company. The fund includes strategic guidance, introductions to valuable partners and ongoing support.
connecticut bioscience innovation fund (CBIF)
The Connecticut Bioscience Innovation Fund (CBIF) provides focused financial assistance to bioscience startups, early-stage businesses, nonprofits, and accredited colleges and universities.
CI’s Pre-Seed Fund can provide up to $150,000 to help your early-stage company grow. More than money, the fund includes mentoring, resources and introductions to powerful connections that can help you turn your idea into a commercially viable business.
VentureClash is Connecticut’s global venture challenge for early-stage companies disrupting digital health, financial technology (FinTech), Internet of Things (IoT) and InsureTech. Winners share in a total of $5 million in investment awards, and receive mentoring and other assistance.
With amounts ranging from $150,000 to $2 million, CI’s Venture Debt Fund helps with debt financing that falls outside traditional lending guidelines. CI offers solutions for both early-stage and later-stage businesses, including venture or mezzanine debt funding for capital expenditures and working capital.
angel investor tax credit program
Connecticut Innovations administers the Angel Investor Tax Credit Program, which provides companies with another way to incentivize angels to invest in their companies.