One of our biggest strengths as a venture capital arm is that we operate within the state government—a high-potential market, but one with high barriers to entry for early-stage companies.
Connecticut has taken a nation-leading approach to modernizing its services, going beyond thought leadership to direct action. In 2021, Governor Lamont passed a law that allows CI to accelerate the modernization of state services by leveraging our portfolio. Our state’s departments and agencies can now launch pilots with CI portfolio companies for specific needs and, once proven, procure their services directly within a year.
The InLab team applies a rigorous process to continually review both agencies’ needs and the suitability of our portfolio of solutions. We meet frequently with commissioners to understand their strategic agendas and priorities, identifying areas that require further exploration and validation, and finding ways to open up the large public sector markets for our portfolio companies.
