Connecticut Innovations was created in 1989 to:

• Stimulate and encourage the research and development of new technologies and products;
• Encourage the creation and transfer of new technologies;
• Assist existing businesses in adopting current and innovative technological processes;
• Stimulate and provide services to industry that will advance the adoption and utilization of technology;
• Achieve improvements in the quality of products and services;
• Stimulate and encourage the development and operation of new and existing science parks and incubator facilities; and
• Promote science, engineering, mathematics and other disciplines that are essential to the development and application of technology.

The Connecticut Innovations Board of Directors is responsible for developing the overall strategic framework from which the organization develops policies and initiatives to help it succeed. The Board is responsible for adopting an annual plan of operation and budget, overseeing the organization’s financial activities including its investments and for overall governance of Connecticut Innovations.

The 15-member Board is comprised of eight members appointed by the Governor and four appointed by the leadership of the General Assembly as well as the commissioners of the Departments of Higher Education and Economic and Community Development and the secretary of the Office of Policy and Management. Appointed members include representatives with expertise in venture investing, research and development, technology transfer and commercialization and new company formation. The breadth of the Board’s expertise has resulted in Connecticut Innovations being recognized as “one of the strongest examples of successful state-funded, technology-based seed and venture capital investment to date.” (SSTI Weekly Digest)


Members of the Connecticut Innovations Board of Directors:

Joan McDonald, Chairperson
Commissioner
Department of Economic and Community Development





Peter Cashman
Chairman
Cashman Computer Associates, LLC
Appointed by Governor M. Jodi Rell




Louis N. George, Esq.
Hasset & George, P.C.
Appointed by Governor M. Jodi Rell

Robert L. Genuario
Secretary
Office of Policy & Management

Alan K. Greene, Vice Chairperson
Chief Executive Officer
AKG Partners, Ltd.
Appointed by Senate Republican Leader John McKinney

Michael Meotti
Commissioner
Department of Higher Education

Harris L. Marcus
Director, Institute of Material Science
University of Connecticut
Appointed by Senate President Pro Tempore Donald Williams




R. Carol Muradian
Senior Officer
New England Certified Development Corp.
Appointed by Governor M. Jodi Rell




Stephen Nocera
Administrative Assistant to the Mayor
City of Torrington
Appointed by House Republican Leader Lawrence Cafero




John W. Olsen
President
Connecticut AFL-CIO
Appointed by Governor M. Jodi Rell



Paul Pescatello, Esq., Secretary
President and CEO
CURE
Appointed by Governor M. Jodi Rell




Rafael A. Santiago
Managing Member
Santiago Law Group LLC
Appointed by Governor M. Jodi Rell




George W. Schiele
President
George W. Schiele, Inc.
Appointed by Governor M. Jodi Rell




Amrutur V. Srinivasan
United Technologies Research Center (Retired)
Appointed by Governor M. Jodi Rell