Funding is available on a competitive basis to UConn-affiliated and Connecticut-based companies through many state-funded and private sources. Grants and funding are also available for intellectual property and emerging technology to those in the early stages of forming a business. For a list of funding sources available for idea development, for businesses in the startup phase, and for established businesses, please see below.
All funding is in the form of grants unless otherwise indicated in the Program description.
Timeline: Pitch Nights Feb 4 (Storrs), Mar 3 (Storrs), Mar 10 (Hartford)
Sponsor: UConn CCEI, UConn Library, UConn Werth Institute, UConn School of Business, UConn School of Nursing, UConn School of Engineering, UConn FYE LC AAC, Innovation Quest, Learning Community Innovation Zone
Funding Potential: Up to $150,000 for pre-seed expenses; requires at least a 50% match from private sources. If match comes from management or founders, the expectation is that funds won't be used for their salaries.
Eligibility: Company in operation for fewer than seven years; developing a technology; nonrecurring revenue from non-grant sources of less than $2,000,000; fewer than 25 employees with 75% or more who work in Connecticut.
Prerequisites: For detailed prerequisite information, visit CT Innovations.
Eligibility: Undergraduate and graduate students are eligible only if associated with faculty proposal. Any UConn or UConn Health investigator with technology that has realistic commercial potential. Basic research projects aren’t eligible.
Prerequisites: None; Existing intellectual property a plus.
Timeline: Letter of Intent due ~9/1, full proposals by invitation due ~10/15, presentations to selection committee ~11/1. Awards are announced mid-November.
Sponsor: Office of the Vice President for Research
Greentown Labs and Vineyard Wind are seeking submissions from startups that are innovating in marine mammal monitoring, either surrounding data collection and real-time transmission or data analysis.
Applications for the Offshore Wind Challenge are due by May 31 at 11:59 p.m. ET. Interested innovators and entrepreneurs can learn more about the call for applications by visiting the website. Applicants are encouraged to attend the program kickoff event at Greentown Labs’ headquarters in Somerville, Mass. on July 22.