Started receiving applications for participation in VentureClash 2017 in Connecticut

Organization Connecticut Innovations (CI), the leading source for financial and other support for innovative growth companies of Connecticut, announced the launch of the first application round to participate in VentureClash. VentureClash is a global investment competition with a budget of $ 5 million. USA-oriented start-up companies of Connecticut specializing in digital health, financial technology, Internet of things and technologies to insurance.

"This year we added two new industries, showing high growth and with customers, investors, and infrastructure in Connecticut. We did it to help companies thrive of these industries, noted Matt the Mack (Matt McCooe), CEO of Connecticut Innovations. In the second year of our operation VentureClash will present new partners that can provide valuable analytical information and business opportunities to our companies."

The top award of competition - investment in the amount of $ 1.5 million. USA. Second place will be divided between two winners, who will receive $ 1 million. USA, and the third place winner will receive 500 thousand dollars. USA.

The first round of acceptance of applications for participation in the competition VentureClash starts March 1, 2017. For filing companies has until June 9, 2017. After two rounds of judicial evaluations of approximately 10 companies will be invited to Yale on Friday, 20 October 2017, where during a personal struggle and to decide the winners and recipients of investment awards. An independent jury will help determine the winning companies VentureClash 2017.

The competition is open to companies that: operate for at least 12 months; have a customer base paying for their services or actively testing the products of the applicant; I wish to open own representation in Connecticut (this applies to both domestic and international companies); specializiruetsya in the fields of digital health, financial technology, insurance technology and the Internet of things.