The Hartford Courant 5 months ago

State's Tech Agency Awards $5 Million In Development Grants

Connecticut Innovations, the state's quasi-public technology investment arm, has released a list of 20 organizations that will share $5 million in new funding designed to "expand Connecticut's entrepreneurial network."

The funding is part of CTNext, a public-private "innovation ecosystem" formed by Gov. Dannel P. Malloy in October 2012. The idea behind the grants is to use creative projects to help start-up firms get off the ground.

"As the ecosystem continues to evolve, we would like to offer entrepreneurs a broader range of resources tailored to their needs," said Claire Leonardi, the CI chief executive. "These resources will help them grow and scale their businesses by providing them with access to talent, industry expertise, services co-working spaces and a growing, vibrant entrepreneurial community."

The organizations include business incubators such as such as the Stamford Innovation Center; industry groups such as Connecticut United for Research Excellence, which has a statewide "Bioscience Clubhouse" project; regional groups such as the Business Council of Fairfield County; advocacy groups such as reSET, the Social Enterprise Trust; and university programs, including the UConn School of Engineering and the University of New Haven's iDevices program.

CI continues to seek projects for future funding, the agency said. ___

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