Nine teams of budding entrepreneurs have been chosen to participate in Connecticut’s technology-startup investment pilot, authorities.
Each team gets $25,000 in aid from Connecticut Innovations Inc., the state’s quasi-public technology investment arm, to refine their tech concepts during a 10-week accelerator pilot program that begins Monday.
The winners were chosen from a pool of 33 applicants.
Five of the winning teams involve current students or recent graduates of Connecticut universities, including Quinnipiac, UConn and Yale, CI said. One team includes a 14-year-old entrepreneur and two are licensing technologies from Yale and Columbia University.
The teams are: Applivate, MeritBooster, Red Ox Technologies, Scaled Liquid Systems and Seldera, all of New Haven; Dealizio of East Lyme; eBrevia of Stamford; My Luck Club of New Canaan; and Snippet of Hamden.
Teams will be matched with mentors and professional resources and will receive guidance in launching a new business. Once the program ends in mid-May, each must be ready to launch and to make a pitch to a group of investors.