Connecticut’s Investment in an Expanding Tech Ecosystem

Tag Archive for "connecticut-innovations"

Connecticut’s Investment in an Expanding Tech Ecosystem

Connecticut is gaining a reputation for its growing tech ecosystem in diverse areas including biomechanics, advanced materials, optics, alternative energy, drug development and manufacturing technology. What’s behind this? Strong collaborative relationships between innovative entrepreneurs, universities and large companies with specialized resources. For example: At the University of Connecticut, Eric Sirois, Ph.D, Biomedical Engineering founded Dura BioTech at the UConn Technology Incubator Program, and has received $400,000 in awards including a federal [...]

July Member News Highlights

Connecticut Innovations (CI) has been named to Entrepreneur’s VC100 list of the most active venture capital firms funding U.S. startups. The VC100 list ranks total capital invested for readers of Entrepreneur magazine, a resource for startups seeking financial backing. CI makes loans to first and second stage companies in the hopes of creating homegrown industries in Connecticut. See the full VC100 list. NovaTract Surgical Inc., a New Haven-based CTC [...]

State Searching For Worthy Bioscience Startups

From the Hartford Courant: FARMINGTON — The first applications for an enormous pot of state money for bioscience companies and tech transfer efforts have begun rolling into Connecticut Innovations, the state’s venture capital fund. The administration aims to distribute $200 million over 10 years in grants for university or non-profit researchers and investments in start-up companies in biomedical engineering, medical devices, pharmaceutical and biotech drug [...]

Fall & Winter 2012 Member News Highlights

DBO Connects On All Levels December 2012 – Digital BackOffice (DBO) has completed installation of a fiber optic connection between the DBO data center and the Nutmeg Network (Connecticut Education Network). The fiber optic link enables high speed, secure access between the DBO data center and Nutmeg/CEN connected schools, colleges, municipalities and libraries anywhere in the state of Connecticut. The Nutmeg Network is the nation’s [...]

Antibiotics Developer BioRelix Inc. Secures Follow-on Investment from Connecticut Innovations

Connecticut Innovations (CI), the state’s quasi-public authority responsible for technology-based innovation and economic development, today announced that it has made a follow-on investment of $269,160 in antibiotics developer BioRelix Inc. (BioRelix) of New Haven, Conn., through its Eli Whitney Fund. This investment will be part of a funding round of approximately $2.5 million for the company. CI made its first investment of $500,000 in BioRelix [...]

Connecticut Innovations Launches CT iHUB App

 Connecticut Innovations (CI), the state’s quasi-public authority responsible for technology-based innovation and economic development, today announced that it has launched CT iHUB Mobile, a mobile application that allows members of Connecticut’s innovation community to connect with one another and with out-of-state partners 24/7 through mobile devices including iPhones and iPads. Users must be registered with CT iHUB (, an online collaboration site for members of [...]

Back to Shandong Province – Opportunity for Tech Firms

Connecticut Innovations, US Dept. of Commerce and The Tech Council are looking for a few more firms that may want to have it represent them during a one week swing through China including Beijing, Shanghai and cities in the coastal industrial and technology rich state of Shandong.

Claire Leonardi Named Chief Executive Officer & Executive Director of Connecticut Innovations

Catherine Smith, chair of Connecticut Innovations (CI), announced today that Claire Leonardi, a veteran investment and venture capital executive with more than 30 years of experience in the financial services industry, has been chosen to lead CI as its new chief executive officer.