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. Startups and early-stage businesses may apply for secured convertible loans or equity. Accredited colleges and universities together with nonprofits (academics) may apply for royalty bearing grant funding up to $500,000.
Connecticut Bioscience Innovation Fund (CBIF)
Understanding Connecticut Bioscience Innovation Fund
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Academic and Non-Profit Application Information