Connecticut Opens $5M Global Venture Challenge

venture_clashConnecticut Innovations (CI), the financing and ongoing support organization for Connecticut-based innovative companies, has launched the first-round application period for VentureClash.

VentureClash is Connecticut’s $5m global investment challenge for early-stage digital health, financial technology, Internet of Things and insurance technology companies.
To be eligible to apply, a company must:
– Have been in business for at least 12 months
– Have paying customers or customers who are actively testing the applicant’s product
– Be willing to establish a Connecticut presence, which applies to domestic and international applicants
– Be focused in digital health, financial technology (FinTech), insurance technology (InsureTech) or Internet of Things (IoT)

The top award for the challenge will be a $1.5 million investment. There will be two second-place winners that will receive a $1 million investment, and up to three runners-up will each receive a $500,000 investment.

Companies will have until June 9, 2017, to submit the first-round application. After two rounds of judging, approximately 10 companies will be invited to Yale University on Friday, October 20, 2017, to compete in person for investment awards.
An outside panel of judges will help to determine the winning companies of VentureClash 2017.

For more information on qualifications, requirements, guidelines and application, visit



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