Title: Connecticut Wants to Fund Your Start-Up - Greentech Media
Industry sector: Government, Venture Capital
Connecticut Wants to Fund Your Start-Up
How do you foster an innovation economy? Invest, says Connecticut.
Yoni Cohen
When it comes to government investing in cleantech, the feds aren't the only game in town.
In November of 2008, Connecticut established a $9 million Clean Tech Fund. Geared to spark innovation in the Nutmeg State, the fund has invested just more than $2 million to date.
"We are looking for entrepreneurs at any stage and venture capitalists looking to partner with companies headquartered in Connecticut," said Patrick O'Neill, Investment Associate at Connecticut Innovations, at GoingGreen East recently. "We look for early-stage companies in cleantech -- broadly defined as any technology that conserves resources, reduces waste, or protects the environment."