Ten finalists—all Connecticut-based companies and entrepreneurs—presented their innovative project ideas to a panel of judges for an opportunity to secure $10,000 to help support their business growth.
CTNext awarded $54,000 to five winners:
- Deo2Go: Creating a topical delivery device that can be filled with a variety of products, such as deodorant, lip balm, and sunscreen
- EZ ICE: Manufacturing a kit for a custom and portable backyard ice rink that can be assembled in under an hour, with no tools and on any surface
- FallCall Solutions: Creating a telemonitoring system for Apple watch and other mobile systems for elders and caregivers
- Rumble Helmet: Developing a smart bicycle helmet that has embedded features designed to communicate the cyclist’s intentions to other road users
- Sitrep: Creating a system for better communication of heating, ventilation and air conditioning (HVAC) problems
For the second consecutive EIA, Deo2Go took home the $2,000 Crowd Favorite award. Rumble Helmet won an additional $2,000 as Judges’ Favorite.
“The EIA is always a great event, and Thursday night was no different, as five of Connecticut’s young and promising companies picked up some much-needed funding,” said Glendowlyn Thames.
“It’s exciting to see the innovative ideas moving toward commercialization by our state’s entrepreneurs, and we are so pleased to be able to provide support to help progress those ideas to the next level,” she added.
In December, CTNext will host an All-Star version of the EIA pitch competition, bringing back some of the most popular and successful past winners who will compete for the opportunity to win additional award money.
Since February 2014, CTNext has awarded $642,000 to 58 companies and entrepreneurs through the Entrepreneur Innovation Awards. The events have taken place in 13 cities throughout Connecticut.
To be eligible for an EIA, startups must be Connecticut-based, registered as CTNext members, and looking to conduct growth-related activities to help advance their business. Project examples include but are not limited to prototyping, performance testing, compliance testing, product or service development, market research, licensing and more.
About Connecticut Innovations Inc.
Connecticut Innovations is a leading source of financing and ongoing support for Connecticut’s innovative, growing companies. To maximize the growth potential of each business, Connecticut Innovations tailors its solutions and often combines its funds with resources from other financial leaders to provide venture capital and strategic support for early-stage technology companies; grants that support innovation and collaboration; and connections to its well-established network of partners and professionals. For more information about Connecticut Innovations, visit www.ctinnovations.com.
CTNext is Connecticut’s go-to resource for entrepreneurial support. The goal of the program is to build more robust community of entrepreneurs and to accelerate startup growth by providing access to talent, space, industry expertise, services, skill development, and capital to foster innovation and create jobs for people in Connecticut. CTNext launched in 2012 and has more than 1,500 members in its network. To learn more, visit ctnext.com.