2023 Connecticut Manufacturing Innovation Fund Annual Report

Connecticut’s Manufacturing Innovation Fund was created to support the growth, innovation, and progress of the state’s advanced manufacturing sector.

The fund’s 2023 annual report details its support of Connecticut’s critical manufacturing sector, including facilitating access to financial resources, technical expertise, and skilled workers.

This funding is used to provide direct loans and/or grants as well as to support an array of initiatives, including:

• encouraging company/university collaboration in research and development efforts    
• providing vouchers to assist with business development and technical needs
• funding job training and educational programs that strengthen workforce skills 
• providing matching funds for federal grants