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Nine Entrepreneurial Teams Selected to Participate in TechStart Fund Accelerator Pilot Program
Teams to receive total of $225,000 to help create and launch new technology businesses
Rocky Hill, Conn., March 2, 2012 – Connecticut Innovations (CI), the state’s quasi-public authority responsible for technology-based economic development, today announced that it has selected nine entrepreneurial teams to receive $25,000 each in financial assistance from the TechStart Fund and participate in the fund’s 10-week accelerator pilot program. The winning teams were selected from a pool of 33 applicants. Five of the winning teams involve current students or recent graduates of Connecticut universities including Quinnipiac, UConn and Yale. One team includes a 14-year-old entrepreneur and two are licensing technologies from universities (Columbia and Yale).