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Bioscience Innovation Fund

This funding opportunity provides financial assistance to bioscience start-ups, early-stage businesses, and academic institutions in Connecticut to help accelerate the commercialization of innovative bioscience breakthroughs.

$500,000
Active
Rolling Deadline
Grant Description

If you have a bioscience breakthrough with strong commercial potential, you may want to learn more about financial assistance provided by the Connecticut Bioscience Innovation Fund. Administered by Connecticut Innovations, this $200 million-dollar fund seeks to speed commercialization of bioscience breakthroughs by providing focused financial assistance. Start-ups and early-stage businesses may apply for secured convertible loans or equity. Accredited colleges and universities together with nonprofits (academics) may apply for royalty-bearing grant funding up to $500,000.

Funding Details

Award Range

Not specified - $500,000

Total Program Funding

$200,000,000

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Nonprofits
Private institutions of higher education
Public and State controlled institutions of higher education
Small businesses
For profit organizations other than small businesses

Additional Requirements

Applications are encouraged from an array of different types of organizations working in bioscience, biomedical engineering, health information management, medical care, medical devices, medical diagnostics, pharmaceuticals, personalized medicine or other related disciplines intended to impact human health, including: nonprofit corporations; accredited colleges and universities; for-profit startup; early-stage businesses.

Geographic Eligibility

All

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

Tamyra Davis

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Categories
Science and Technology
Business and Commerce