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Find similar grantsProof-of-Concept Fund is sponsored by Connecticut Innovations (CI). CI invests in promising early-stage technology companies based in Connecticut at the proof-of-concept stage of development. Preference is given to information technology, advanced manufacturing, engineering, consumer packaged goods, and bioscience/biotech companies.
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Proof-of-Concept Fund - Connecticut Innovations Connecticut Innovations 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. Snapshot of common characteristics 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. This field is for validation purposes and should be left unchanged.
Is the company located in CT (Required) If the company is not in Connecticut are you willing to relocate to the state? (Required) Company MUST be willing to relocate or expand to Connecticut to be eligible for funding consideration.
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(If applicable) Please provide a brief description of your business. (Required) Does the company have any University Affiliation? (Required) Name of University if affiliated Pitch deck or Business plan (Required) Max.
file size: 50 MB. Proof-of-Concept Fund FAQ Still have questions? Click here to access some frequently asked questions.
If you have additional questions, reach out to Tamyra Davis. tamyra. davis@ctinnovations.
com General Inquiries 860. 258. 7858
According to the current listing, eligibility includes: Technology companies based in Connecticut at the proof-of-concept stage. Preference for IT, advanced manufacturing, engineering, consumer packaged goods, and bioscience/biotech companies. Confirm the full requirements in the official notice before applying.
The current listing shows $50,000 - $100,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Proof-of-Concept Fund is funded by Connecticut Innovations (CI). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Connecticut. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
NVIDIA Graduate Fellowship Program is a grant from NVIDIA providing up to $60,000 per award to PhD students conducting research that advances accelerated computing and its applications. Now in its 25th year, the program invites nominations from doctoral students pushing the boundaries of artificial intelligence, robotics, autonomous vehicles, and related fields. Recipients receive not only research funding but also access to NVIDIA technology, products, and engineering expertise, along with a mandatory in-person summer internship. Students are nominated by their faculty advisors and selected based on academic achievement and research area alignment.
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