Healthcare company-building profile
Connecticut Bioscience Innovation Fund (CBIF)
Connecticut Innovations (quasi-public state venture arm)
AcceleratorGovernment or nonprofit acceleratorNonprofitActive
Source-based profile
Program at a Glance
- Program type
- Accelerator
- Program category
- Government or nonprofit accelerator
- Organization
- Connecticut Innovations (quasi-public state venture arm)
- Organization type
- Nonprofit
- Location
- Rocky Hill, Connecticut
- Company stage served
- Early stage
- Cohort or participation model
- Not a cohort program; competitive application rounds
- Investment or funding offered
- Yes
- Published investment terms
- Grants and convertible awards through CBIF; direct equity investment through Connecticut Innovations funds; specific terms Not found
- Equity or fee model
- Equity
- Clinical or hospital connection
- Not publicly documented
- Application status
- Active
- Founded
- 2013
Public description
About the program
The Connecticut Bioscience Innovation Fund is a state-created program administered by Connecticut Innovations, the state's quasi-public venture capital arm, to accelerate bioscience discoveries toward commercialization. It awards grants and convertible funding to Connecticut universities, hospitals, nonprofits and early-stage companies. Connecticut Innovations also invests directly in bioscience and digital health companies through its broader funds.
What the program publicly emphasizes
Focus areas and features
BioscienceTherapeuticsMedical devicesDiagnosticsDigital health
- Category: Government or nonprofit accelerator
- Program structure: Not a cohort program; competitive application rounds
- Published terms: Grants and convertible awards through CBIF; direct equity investment through Connecticut Innovations funds; specific terms Not found
Sources
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