Connecticut Innovations (CI), the leading source of financing and ongoing support for Connecticut's innovative, growing companies, today announced that the Connecticut Bioscience Innovation Fund (CBIF) has awarded $1.8 million to bioscience projects at the conclusion of the latest review of project applications.
CBIFa $200 million fund, which will make investments over the next 10 years in the form of grants, equity investments and loanshas awarded nearly $4 million to bioscience projects in 2014, which is intended to speed up the commercialization of bioscience breakthroughs.