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Founded by Rich Bendis

Growth

As Claire Leonardi takes over a revamped Connecticut Innovations, she’ll have an expanded economic development tool box to work with, probably the most comprehensive resource package the organization has ever had.

The October Jobs Bill passed by the state legislature allocated $125 million to Connecticut Innovations, which, in recent years, has funded its own operations with investment returns as state funding dried up.

But that is not the case anymore. Over the next five years, CI plans to invest $250 million.

“We are ramping up growth and doing more deals,” Leonardi said.

To read the full, original article click on this link: CI boosts investment efforts | Hartford Business