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Home > Funding Opportunities > Clean Tech Fund > About the Fund
About the Fund

Clean Tech Fund

Supporting the Demand for Alternative Energy Technologies

The Connecticut Clean Tech Fund makes investments in seed and early-stage companies focused on innovations which conserve energy and resources, protect the environment, or eliminate harmful waste. Investments will support CI’s strategic mission. A company may receive investments of up to $1 million from the Clean Tech Fund.
Follow-on investments may be available through CI’s Eli Whitney Fund.

Clean technology includes wind power, solar power, biomass, hydropower, biofuels, information technology, green transportation, electric motors, lighting, and energy efficiency technologies. It may also be seen as a diverse range of products, services, and processes that harness renewable materials and energy sources, dramatically reduce or optimize the use of natural resources, and cut or eliminate emissions and wastes.

Click here for Governor Rell's press release

 

Pathway to Funding
  • Significant Connecticut presence
  • Proprietary technology
  • Sustainable competitive advantage
  • Management team experience sufficient for a seed stage company
  • Definable/addressable market
  • Defensible business plans

Eligible Technologies

  • Wind
  • Wave
  • Biomass
  • Low impact hydropower
  • Landfill gas
  • Solar PV
  • Ocean thermal energy conversion devices
  • Fuel cells
  • Solar thermal
    day-lighting or high efficiency lighting
  • Advanced motor technologies
  • Geothermal systems
  • Advanced energy storage technologies
  • Load management technologies
  • Grid power management systems
  • Emissions control systems (NOx SO2, CO2, PM etc)
  • Microbial / algal water clean up systems
  • Hazardous waste remediation
  • Renewable fuels
  • Other technologies deemed appropriate after consideration

 

 
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