Fleksy, the future text input keyboard app, is excited to announce the first group of iOS applications to roll out updates that allow users to select (or download) the Flesky keyboard as their primary option. Using the new Flesky SDK, Wordbox, GV Connect, Launch Center Pro and Blindsquare now offers users a choice of which keyboard to use when engaging with their apps.
With the Fleksy SDK, any developer can now implement an alternative keyboard option in their app, and customers can benefit from a choice in text input technologies. The first four apps with Fleksy released updates today in the App Store and are immediately available to download.
“With Fleksy, we can now provide a unique user experience and powerful artificial intelligence for one of the most important aspects of Launch Center Pro: typing,” said David Barnard, founder of Contrast. “Fleksy makes text input easier for our customers, and we are excited to be working with Fleksy on such an innovative solution.”
Kosta Eleftheriou, CEO of Fleksy said: “We are excited to be able to innovate in the text input space with our technology, and, for the first time in the keyboard space, provide a product for both major mobile platforms. We are excited to announce our first partnerships today, and for further announcements in the weeks and months to come.”
Fleksy’s award winning keyboard has had over half a million users on iPhone, iPad and iPod touch and continues to be the most innovative and complete solution on the market.
Fleksy revolutionizes typing on smart devices through patent-pending predictive text technology that works on all device sizes. Fleksy is the first keyboard app to be demonstrated on a 3D gesture system (Leap Motion); the first to be demonstrated on a smartwatch (Omate) and the first to arrive to iOS. Fleksy’s award-winning design and technology is backed by venture capital firms including Highland Capital Partners and Kleiner Perkins, Caufield & Byers.
###
Press Contact:
Hadara Alook
hadara(at)fleksy(dot)com
press.fleksy.com
https://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpg00Robert Goodmanhttps://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpgRobert Goodman2014-02-19 04:07:122015-12-30 10:48:06Fleksy Announces First Third-Party App Integrations of Award-Winning iOS Keyboard Solution
This week the British Chancellor George Osborne warns the EU that the UK may leave the Union if crucial reforms do not take place. Katie Pilbeam gets very di… Video Rating: 0 / 5
According to a new PwC US report, “Dollar drought,” that includes data from the PricewaterhouseCoopers LLP/National Venture Capital Association MoneyTree™ Re…
https://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpg00Robert Goodmanhttps://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpgRobert Goodman2014-02-19 00:07:132015-12-30 10:48:06Venture Capital: UK to EU – Reform or Were Out (E24)
WELCOME PRIVATE EQUITY & VENTURE CAPITAL ALLIANCE We actualize the growth potential of New Zealand, Asian, East & South African entrepreneurs to build world … Video Rating: 5 / 5
Panel discussion centered on private equity and venture capital in Latin America. The panel is moderated by Juan Pablo Capello of Greenberg Traurig and featu… Video Rating: 0 / 5
Intel Capital, the venture capital arm of Intel, the world’s largest semi conductor chip maker, is trying to establish a position sandwiched between extremes… Video Rating: 5 / 5
https://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpg00Robert Goodmanhttps://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpgRobert Goodman2014-02-18 07:07:022015-12-30 10:48:08We are a top-quartile VC investor in India: Sudheer Kuppam, MD, Intel Capital
Quintic, the leading developer of integrated nano-power wearable platforms, today introduced its 9020; the first product from its wearable platform roadmap. The 9020 as well as proceeding products are designed specifically for the wearable technology market. Quintic’s wearable platform roadmap provides the best power consumption along with best performance on the market; enabling more intelligence in wearable devices with more sophisticated sensor fusion algorithm.
The 9020 will allow OEMs to deliver products with better battery life and increased wireless performance. The 9020 also offers the highest processing capabilities which will enable OEMs to develop more intelligent products that provide consumers with useful and reliable data. The 9020 is the ideal platform for integration in smart watches, health care devices, fitness bands and devices, and sports apparel.
At CES 2014, Quintic will showcase the 9020’s superior capabilities highlighting its industry lowest power consumption, highest performance, and best processing capabilities with various demonstrations. Companies, engineers, and developers are invited to see these demonstrations. Contact Quintic at inquiry(at)quinticcorp(dot)com to schedule an appointment.
“Wearable devices for quantified-self is a burgeoning market; OEMs are racing to develop wearable fitness technology products with greater functionality,” said Quintic CEO Dr. Xiaodong Jin. “Quintic’s 9020 is the best performing platform on the market with the lowest power consumption; it allows OEMs to develop products that enhance the user experience.”
The 9020 features/specs:
8mA peak power consumption
-95dBm Rx Sensitivity
32MHz ARM Cortex M0
SRAM/Flash Memory Included
ADC/Comparator/Timer
UART/SPI/I2C
DC-DC Switching Regulator
GPIOs
These features provide wearable device makers with the following benefits: longer battery life, reduced transmission power consumption, and more intelligence locally.
In addition to wearable products the 9020’s high-performance and flexibility make it a viable solution for other applications such as IoT (Internet of Things), smart home and M2M (Machine-to-Machine).
9020 modules and development kits are currently available. Also, the 9020 wearable platform for embedded applications is available; sampling price is $ 1.50 per 1,000 units. For more information contact inquiry(at)quinticcorp(dot)com.
About Quintic
Quintic is a leader in micro form-factor and nano-power wireless semiconductor solutions. The company was established in 2005 by UC Berkeley PHDs and a wireless veteran with backing from Tallwood Venture Capital. Currently, the company is shipping 100M units a year in wireless ICs. Quintic is a leader in wireless semiconductor innovation, currently holding 71 U.S. patents for its developments. Quintic is a global operation with facilities in Silicon Valley California, Beijing, Shanghai, and Shenzhen, China. For more information visit: http://www.quinticcorp.com.
https://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpg00Robert Goodmanhttps://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpgRobert Goodman2014-02-17 21:07:092015-12-30 10:48:09Quintic is Powering the Next Generation Wearable Devices Fueling the Quantified-Self Movement
In analyzing specific companies within the renewable industry, the first consideration is the development stage of the company. For mature companies with reliable revenues and stable profit margins, standard methodologies such as a comparative analysis to publicly traded companies, precedent transactions, or a discounted cash flow analysis can be utilized to value the underlying company. When screening for comparable publicly traded companies or precedent transactions, it is important to take into account the subject company’s size and the geographic distribution of its markets. Key elements to consider when selecting multiples with which to capitalize financial metrics include the degree of leverage in the company’s capital structure, the company’s profitability metrics, and the projected growth of the company’s revenues. A discounted cash flow analysis is useful when the company’s future cash flows can be reliably forecasted. In the process of formulating or reviewing projections, one should compare the underlying company’s growth rates and profit margins to the expected growth rates and profit margins of the overall industry as well as the company’s closest competitors. If there are striking deviations in expected growth rates or profitability metrics, it is essential to determine the reasons for these deviations.
The valuation of early-stage RECs can pose additional challenges, since these companies often lack revenue and require additional years of research & development (”R&D”) before their products can be commercialized. If the subject company completed a recent round of funding through a private placement with institutional investors, one preferable methodology is the use of the “backsolve” to determine implied equity value of the company based on the price of the company’s most recently issued series of preferred shares. If the company has not completed such a financing, it can be valued using a probability-based approach or a discounted cash flow analysis using venture capital rates of returns.
There are a number of probability- based approaches to value early stage companies, such as the Probability-Weighted-Expected- Return Method (“PWERM”) and Monte Carlo simulation. The PWERM is a forward-looking analysis of the possible future financial outcomes of the company. Each possible outcome is assigned a probability and associated equity value (equity values can be derived using comparable public companies or precedent transactions) and the value of the overall company’s equity is equal to the weighted average value of all the possible outcomes. The probabilities used in the PWERM analysis can be determined by reviewing historical outcomes of companies in a similar development stage and industry.
For many early-stage RECs, the majority of a company’s operations involve performing R&D and the value of the company is the sum of the net present value (“NPV”) of all
the company’s R&D projects. Since many random variables can affect the outcome of a company’s R&D projects, the calculation of the NPV of each R&D project will require the simulation of all potential risks. The Monte Carlo simulation generates scenarios for thousands of possible outcomes and the estimation of the NPV of an R&D project as the average of all of the simulated outcomes.
Discounted cash flow analysis can also be utilized in the valuation of early-stage RECs. First, cash flow projections are formulated based on the company’s baseline projections. Since the risks involved for early-stage companies are much higher than those of companies with established products and revenues, it is necessary to use risk-adjusted discount rates to discount projected cash flows. Venture capital studies, such as those published by William Sahlman2 and James Plummer3 examined historical private venture capital financings and the internal rates of return (“IRR”) early stage companies realized between the financing round date and the date of the respective initial public offering (“IPO”). These IRRs are then stratified based on the development stage of the company at the time of the financing round. The appropriate discount rate will correspond to the realized IRRs of companies in a similar stage of development.
Unique REC Considerations
RECs often require large initial in- vestment outlays to finance R&D
activities or to purchase the costly capital equipment necessary to start a production plant. These companies must ensure that their investments have a positive return. Often, there are government subsidies available that reduce costs or increase demand for renewables. The availability and timing of these subsidies should be taken into account when developing cash flow projections for the discounted cash flow analysis.
The second issue to review is the cost of inputs used to produce the company’s products. For example, biofuel companies’ gross margins are influenced by the price of corn, while wind power companies are influenced by the price of steel and electronic components. Large fluctuations in the price of inputs add additional volatility to the cash flow streams of the subject company.
Changes in the price of alternative energy sources can significantly impact the value of RECs. The prices of natural gas and coal are major value drivers of RECs that produce electricity from wind, solar, hydro- power, biomass, and geothermal sources. Industry metrics, such as the Levelized Cost of Energy (“LCOE”) can be used to measure the cost-effectiveness of a technology with or without subsidies. LCOE is the total cost of installing and operating a project expressed in dollars per kilowatt-hour of electricity generated by the system over its life and accounts for several factors including installation costs, financing costs, taxes, operating costs, maintenance costs, incentives, and salvage value. RECs tend to operate with high fixed costs. Scaling production often results in economies of scale and improved gross profit margin that can make RECs economically viable even when the cost to produce a kilowatt-hour through fossil fuels does not increase.
Conclusion
Cogent has extensive experience in valuations of non-traditional solar utility solutions and the renewable energy sector. We previously valued various RECs from seed-stage ventures to well- established and profitable businesses.
https://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpg00Robert Goodmanhttps://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpgRobert Goodman2014-02-16 13:07:092015-12-30 10:48:13Renewable Energy Companies: Valuation Drivers and Techniques
Industry expressed strong interest, investment institutions frequently Pharmaceutical Industry Extending an olive branch. In the recently held Shanghai Shanghai International Symposium on biotechnology and medicine, it was noted that many focus on the pharmaceutical industry, venture capital business owners optimistic about China’s development prospects, investment in China means the wind will be more Chinese characteristics. In Shenzhen, many pharmaceutical companies sought after by venture organization, is now settled that SAIF Asia Investment Fund and Shenzhen Capital Group Ltd, the two sides in the first phase of the Shenzhen Han Yu medicine to 15 million U.S. dollars investment .
Increase the amount of foreign investment
It is understood that the pharmaceutical industry was the first to introduce one of the areas of foreign investment, has about 4000 items total contract amount of more than 15 billion U.S. dollars. However, existing practical realization of investment projects in 1000-2000 amounted to 6 billion U.S. dollars.
Which foreign investment projects in China’s largest pharmaceutical settled down in Shenzhen. 2007, Sanofi? Aventis and the Shenzhen Municipal Government signed the establishment of influenza in Shenzhen Vaccine Production facility agreement, which is by far the largest foreign investment in bio-pharmaceutical projects, an investment of 700 million yuan. Sanofi Pasteur plans to start building the factory, goal for the Chinese market by 2012 production of seasonal influenza vaccine. Sanofi Pasteur to establish this new facility, the purpose is to prepare the event of a human influenza pandemic, or the World Health Organization (WHO) found that a new influenza pandemic strain of influenza during a pandemic vaccine can be produced. Plant design for the Chinese vaccine market is expected to grow leaves room for future expansion.
Experts say the trend of multinational investment in China to set up factories for the early show, from pharmaceutical production to development, distribution, from pharmaceuticals to medical services. According to the Shenzhen Development and Reform Bureau of the person in charge of the construction of Sanofi Pasteur vaccine facility in Shenzhen, is entirely different from the previous repackaging plant, which will bring all the vaccine production process are placed in Shenzhen, including raw materials procurement, production and manufacturing, production of vaccine are mainly exported to Asia, excluding Japan, is expected to reach 1 billion yuan annual output value. Sanofi Pasteur in history, this is the first in France and in vaccine production outside North America Industrial Investment, the company has become the localization of production in China’s first multinational vaccine producers. Can be said that the investment is from multinational companies to meet market demand in China and further extended to build a global production base. “
Actively involved in venture capital Although the return on investment the pharmaceutical industry
long period, high risk, but many focus on the pharmaceutical industry risk fund holders enthusiasm is unabated. Since last year, a number of pharmaceutical companies in South China investment body the wind phase, the Goldman Sachs investment Nepstar, Mindray WIIG investment, investment in the Guangzhou International Data Group, Sandia Hornsey pharmaceutical and medicine, the most recent is John SAIF Investment Yu.
Wind investment agency said, the investment return on the Chinese market than the U.S. market, in the amount of U.S. investment is often the single input high, efficiency is low, the Chinese pharmaceutical industry investment and the return of the wind pretty good. In the direction of investment, the venture investment for the company is more concerned about early. But investors pointed out that the medical information industry, investment, medical services for children and the elderly return faster, similar to the beauty of life can improve the quality of medical research and services are also popular.
In practice, venture funds in China to operate on specific projects and overseas are very different. A venture company partner, venture capital and business objectives will not change, but a number of small and medium enterprises in China for the way quicker ways to achieve goals is not clear, this is a bit worrying. The responsible person said: “We believe that existing technologies in the enterprise itself, a huge market where the key is suitable for transparent financial and human resources.”
Continuous influx of foreign capital in China at the time of the pharmaceutical industry, the capital has also been observed out how best to achieve and how to take a more diversified investment mergers and acquisitions, domestic laws and regulations and property rights trading market should be improved .
SAIF Asia Investment Fund chief Andrew Yan said in an interview, the positive role of foreign investment mainly reflected the improvement in the technical level, management improvement, product introduction, changes in corporate ownership structure and industrial structure change. He said: “We have more in business development and product development in the early stage investment, so no hurry to quit. If the exit, as A-share market re-financing capacity is rather poor, I think a more feasible approach is to bring to the overseas listed companies . ”
I am an expert from China Manufacturers, usually analyzes all kind of industries situation, such as drinking aloe vera juice , lemon juice concentrate.
This week we have Michael Brill, Founder of Crushpad and Stephen Bolger, CEO of Crushpad Bordeaux. For more information, show notes, and an upcoming schedule…
https://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpg00Robert Goodmanhttps://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpgRobert Goodman2014-02-16 00:07:102015-12-30 10:48:14Foreign Venture Capital Bullish On China's Pharmaceutical Industry – Wind Investment,
Online identity proofing service miiCard today announced that it will help power ID verification for myrentalcv’s tenant screening platform to ensure quick and secure references for agents and landlords. myrentalcv is changing the traditional letting model by bringing together all the essential tenant information thatagents need to quickly and securely make a decision about a tenant’s suitability online. This partnership builds on recent miiCard customer announcements, its selection to new U.S FinTech incubator SixThirty, and the company being named the fastest growing startup in Edinburgh by Mattermark.
“To complete any high value transactions online, it is critical to first make a direct connection between one’s physical identity and digital persona,” said miiCard CEO James Varga. “We are excited about myrentalcv’s approach to changing the rental industry, and we are pleased that our identity proofing solution will help secure an environment so that agents and tenants can confidently connect and rent properties online.”
myrentalcv brings together all the information required to rent a property conveniently and securely in one place. miiCard confirms a tenant’s identity to the same level as an offline ID check, but purely online and in just minutes. Tenants need only set it up once, then they can aggregate information over time to use as a comprehensive and up-to-date means of demonstrating suitability for future rentals. myrentalcv partnered with miiCard to reduce the administrative overhead associated with in-person ID document checks and combat fraud from reliance on data checks, while making it easy for agents to review and approve potential tenants purely online.
“Gathering and supplying tenant information is often a fragmented and disjointed experience that takes too much time and money for letting agents and tenants,” explained Chris Smith, marketing manager of myrentalcv. “With miiCard’s online identity proofing service built-in, myrentalcv is the most trusted screening platform available to agents and property owners today.”
This most recent partnership builds on a number of new miiCard deployments in the financial service industry, including Bitcoin exchanges btcQuick and Bittylicious, home sale solution Allre, bank service ClearAccount, and expense tracking platform Xpenditure. miiCard is also the only European company selected to join new U.S. FinTech incubator SixThirty, founded by Square co-founder Jim McKelvey. Together, these announcements helped miiCard to be named the fastest growing startup in Edinburgh by venture capital research firm Mattermark.
“The desire for trust online and the need for secure online ID verification have helped make this a year of tremendous growth and momentum for miiCard,” continued Varga. “We are honoured that others have recognised our work, and we look forward to continue combating fraud online through our trusted identity solution.”
miiCard’s Level of Assurance 3+ identity verification and authentication service leverages the authority and security inherent in a member’s online financial accounts to prove identity to a passport standard providing a direct, online replacement for in-person photo ID checks with no document uploads or scans required. The miiCard platform offers a wide range of features including identity proofing, personal data, strong multi-factor authentication, financial transaction data and security available through simple API’s and hosted services.
For consumers, miiCard is a global Bring Your Own Identity (BYOID) service providing the convenience, control, ease and flexibility of a single trusted identity that can be used across the web. miiCard is available in ten countries and can verify over 350 million people today.
About myrentalcv
myrentalcv is a web-app that empowers a tenant to obtain, compile and share all the details required to demonstrate suitability for a rental property quickly and efficiently online. With myrentalcv, tenants can build their rental CV in minutes, updating it at the end of each tenancy with ratings from agents, thus providing a more accurate and complete representation of their rental history. For letting agents, property professionals and employers, myrentalcv presents the opportunity to decrease administration and cost for the referencing process and hence increase the speed of tenant check-in from enquiry.
About miiCard
miiCard is a consumer centric global online identity service (IDaaS) platform that establishes true trust online by guaranteeing an individual’s identity to the level of an offline photo ID check, completely online and in just minutes. miiCard helps businesses eliminate fraud, reduce manual processing costs, and prevent high rates of dropout when offline identity checks are required. A member-driven service, based on the principles of Bring Your Own Identity, miiCard empowers consumers to proactively manage their digital identity, build trust online, and trade and transact with confidence. miiCard is available in ten countries and can verify over 350 million people today.
https://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpg00Robert Goodmanhttps://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpgRobert Goodman2014-02-15 19:07:072015-12-30 10:48:15miiCard Builds on Recent Momentum and Vision for Linking Physical and Digital Identity with myrentalcv Partnership
London, United Kingdom (PRWEB UK) 12 December 2013
The UK is seen as a very desirable destination for foreign entrepreneurs looking to come and set up their businesses here. With the conversion of the Tier 1 Highly Skilled Migrant Visa category into the Tier 1 Entrepreneur Visa category, E&S Consultancy (UK) offers a 100% success rate guarantee on a no win no fee basis.
This visa route is very popular among highly skilled migrants and university graduates who have a business idea and the drive and finances to bring that idea to fruition.
The businesses that are set up are a boost to the UK economy and have the added benefit of providing numerous jobs into the market. With all the negative publicity immigration is receiving at the moment, this visa type is one that can be very beneficial to the UK.
“We believe the Tier 1 Entrepreneur Visa scheme is attracting a lot of new business talent into the British economy along with some very innovative technology,” said Elshad Huseynov, founder of E&S Consultancy (UK).
“We feel so strongly about the benefit these migrants will bring to the UK economy that we are one of the only visa consultancy firms that offers applicants our services on a no win no fee basis,” continued Elshad.
Entrepreneurs that want to take advantage of this visa category must invest £200,000 of their own funds or have £50,000 obtained from regulated venture capital firms or UK entrepreneurial seed funding competitions.
This will bring about a huge cash injection into the country and the British economy will feel an even bigger benefit when the number of entrepreneurs increases.
London is being touted as a new global tech hub with Tech City being set up to attract the best technology entrepreneurs into the country from around the world. With big companies on board like Google, Amazon and Cisco along with various universities also taking part like London Metropolitan University, London is set to become a magnet for foreign entrepreneurs.
In addition to all these benefits, another positive aspect of this updated visa category is that entrepreneurs that want to settle in the UK and obtain British citizenship will be able to do so after they have fulfilled certain requirements of the visa and shown that their business is providing an economic benefit and creating jobs.
“At E&S Consultancy (UK), we are very excited about the opportunities this visa category will bring to our clients and hope it will provide a much needed boost to the economy with highly skilled entrepreneurs bringing their businesses to the UK,” concluded Elshad.
About E&S Consultancy
E & S Consultancy (UK) Ltd provides UK immigration services and advice in all aspects of UK Immigration and UK visas. The areas it works in are investor visa, entrepreneur visa, tier 1 (general), investor visa extension, entrepreneur visa extension, permanent residence, indefinite leave to remain, British citizenship, naturalisation, HSMP extension, tier 1 (post study worker), tier 2 (general), tier 2 (intra company transfer), certificate of sponsorship, work permit, work permit extension, points based system, student visa, family visa, marriage visa, unmarried partner visa and EEA visa.
Besides all these services the company also offers a fast track immigration application service using the UK Border Agency’s premium services / one day or super premium services and obtain the visa in 1 working day.
https://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpg00Robert Goodmanhttps://chiefimplementor.com/wp-content/uploads/2022/06/Chiefi-Logo-I-Help-Startups-Start-and-Stay-Started.jpgRobert Goodman2014-02-14 22:07:152015-12-30 10:48:17Entrepreneur Visa Programme through E&S Consultancy (UK) brings business talent to the UK
Connecticut Innovations (CI) today announced the launch of its new brand identity, which more closely aligns with the dynamic work it is doing with pioneering Connecticut companies and better captures the breadth of services available to entrepreneurs and business owners in the state. As part of the brand refresh, the state’s quasi-public authority responsible for growing Connecticut businesses through innovative financing and strategic assistance created a new corporate logo, an evolved message platform and an interactive website complete with educational resources.
The updated message platform and logo were designed to reflect CI’s merger with the Connecticut Development Authority (CDA) in 2012, and the addition of the Small Business Innovation (SBI) group in 2009. The new website highlights the services offered by the three entities under the CI umbrella as well as CI’s new mission to help Connecticut businesses thrive no matter what stage of the business life cycle they’re in.
“Our new brand identity reflects who we are today,” said Amy Hourigan, vice president of marketing and communications for Connecticut Innovations. “CI has always been an innovative and dynamic organization that inspires confidence in companies that want to do business with us, but beyond the venture community, we suffered from a lack of awareness. Over a year in the making, our new creative assets tell our story in what I hope is an engaging, inspiring way that better reflects the broader scope of what we do, which now includes lending and support for small business innovation.”
The previous logo and brand guidelines served the company for more than a decade. During that period, CI helped more than 100 emerging companies research, develop, and market new products and services, attracting more than $ 1 billion in additional investments from private equity providers in the process. With the support of Governor Malloy’s 2011 Jobs Bill, CI has had an even greater impact on the small business economy. Over the past two years, CI has:
Doubled investments in early-stage companies, including $ 10.8 million in pre-seed and seed opportunities, enabling the state to bring more high-tech innovations to the global stage.
More than doubled the number of new companies it supports – the early-stage portfolio now includes 91 companies.
Quadrupled the number of angels making investments through the Angel Investor Tax Credit Program and increased dollars they invested by more than 2.5 times.
Provided 85 internships for Connecticut students resulting in 17 permanent jobs and counting.
Significantly increased efforts to help small businesses accelerate their growth through innovative new programs and small grants. An investment of $ 1.1 million through the Connecticut SBIR Acceleration and Commercialization Program leveraged $ 9 million in federal R&D grants. A $ 590k investment through CI’s Small Business Innovation and Diversification Program leveraged an additional $ 3.4 million.
Invested in the entrepreneurial ecosystem (CTNext), which helps entrepreneurs start and grow businesses even if they’re outside of CI’s portfolio.
“Connecticut Innovations operates in sophisticated, highly-technical industries and should embody an image that reflects that we belong here,” said Claire Leonardi, CEO of Connecticut Innovations. “Our new look identifies closely with the investment and lending communities and was designed to appeal to our innovative portfolio companies and prospects as well.”
Connecticut Innovations (CI) is the leading source of financing and ongoing support for Connecticut’s innovative, growing companies. To maximize the growth potential of each business, CI 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; flexible loans for established companies with new innovations; grants that support innovation and collaboration; and connections to its well-established network of partners and professionals. Through all these initiatives, CI has helped bring $ 4 billion in financing to Connecticut companies. The state’s most active early-stage investor, CI has created more than 26,000 jobs. For more information on CI, please visit http://www.ctinnovations.com.
