Pre-Seed Financing

• Funding Amount: Up to $150,000 per company • Eligibility Requirements: 1. Companies must be less than 7 years old 2. Must be based in Connecticut or willing to relocate 3. Must have fewer than 25 employees (75% must be in Connecticut) 4. Must be focused on one of these sectors: - Bioscience - Information Technology - Clean Technology - Photonics - Advanced Materials • Key Terms: - 50% matching funds required from applicant - Includes mentoring support - Provides access to business resources - Offers industry connections • Program Goal: To help transform innovative ideas into commercially viable businesses through financial support and strategic assistance Note: This is an ongoing state-sponsored venture capital program through Connecticut Innovations, not a traditional RFP with a submission deadline.