If you are interested in having CI review your pitch deck/business plan, please fill out the form.
Connecticut is committed to supporting entrepreneurs at the early stage to improve their chances of bringing new products to market. CI will invest $50–100K per company, selecting the most promising companies that meet the investment criteria. In this highly competitive selection process, CI will invest in 15 to 25 companies per year out of the several hundred we will review. Companies selected for investment will gain access to mentors, bootcamps and other resources to accelerate growth.
CI seeks technology companies based in Connecticut that are at the proof-of-concept stage of development. Preference will be given to information technology, advanced manufacturing, engineering, consumer packaged goods and bioscience/biotech companies. As part of our commitment to equity and diversity, we will also look to invest in business enterprises owned and controlled by socially and economically disadvantaged individuals through this fund.
Other criteria for investment include:
Companies at the early stage looking to accelerate growth, test innovations, build minimum viable products and run customer pilots. First-time founders are welcome.
The ability to raise additional capital is vital to the success of early-stage companies. As such, friends and family, angel investor, accelerator and/or institutional co-investment is viewed favorably.
Companies currently developing a technology that is unique and difficult to copy due to patents, design or go-to-market strategy.
A cash match is not required for this fund, but is preferred.
Office headquarters and at least 50 percent of employees located in Connecticut.
Up to $100,000 in the form of CI’s standard convertible note.
Still have questions? Click here to access some frequently asked questions. If you have additional questions, reach out to Tamyra Davis.