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Home > Funding Opportunities > Eli Whitney Fund > About the Fund
Eli






About the Fund

Flagship Early-Stage Investing Program

Since 1995, the Eli Whitney Fund has provided over $100 million in early-stage funding to some of Connecticut’s fastest growing companies. Additionally, CI’s investment team has provided mentoring, management, and marketing support to help these companies reach their potential.

The Eli Whitney Fund typically invests up to $1 million as a single investor or works with other qualified investors to help Connecticut-based technology companies with innovations and products in:

  • Bioscience
  • Energy and Environmental Systems
  • Information Technology
  • Photonics/Applied Optics
  • Advanced Materials
  • Engineering
Pathway to Funding
  1. Submit Business Plan and Company Profile Form
  2. Participate in due diligence with staff investment manager and reviews by independent peers.
  3. Receive word of funding decision rendered by Eli Whitney committees.
  4. Complete process with contract negotiations and funding.

Funding Criteria

  1. Proprietary technology or expertise


  2. Sustainable
    competitive advantage


  3. Beta-stage product prototype


  4. Proven management team


  5. Predominant Connecticut base of operations


  6. Additional investor interest

Success Stories

 
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