Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Connecticut Innovations highlights startup successes, says no state bonding needed
Summary
Connecticut Innovations (CI) told the bonding subcommittee it does not plan to seek state bond funding in the coming biennium and outlined recent portfolio successes, including proof-of-concept grants and the Future Fund for underrepresented founders.
Connecticut Innovations President Matt Moore told the Finance, Revenue and Bonding subcommittee that CI is not requesting bonding dollars and described recent portfolio milestones and programs that support early-stage firms.
Moore's overview and examples
Moore summarized CI's mission as the state's venture capital and innovation arm, describing a portfolio of roughly 250 companies that employ about 4,000 people in Connecticut. He highlighted CI's proof-of-concept investment vehicle (created in 2021) that provides small equity investments to very early-stage…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
