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"Our state has great opportunities for young people and we need to make every effort to keep them here," says Gov. Ned Lamont.
Stratford resident Reem AlAttas' Rumble Helmet won a pair of awards at a recent CTNext competition, while another invention has drawn interest from IBM.
Two Norwalk firms and another in the process of moving from Bridgeport are among 10 companies receiving funds from the state Bond Commission.
The program will distribute $30 million to the winning communities over a period of five years to support catalytic projects to stimulate their local innovation ecosystem.
The “Innovation Places” grants will support local strategic planning efforts to develop destinations for entrepreneurs and talent throughout the state.
Greenwich-based Asarasi and Norwalk-based Pelletric each received $10,000 prizes.
Connecticut Innovations (CI), the state’s venture capital firm, is being expanded to help promote new startups and early-stage businesses in the state.