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Governor Lamont announces the creation of an innovation cluster program to promote growth in forward-looking industries

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29.05.2024

Governor Lamont announces the creation of an innovation cluster program to promote growth in forward-looking industries

New government program will enable strategic investments of up to $100 million

(HARTFORD, CT) – Governor Ned Lamont today announced the creation of the Connecticut Innovation Clusters Program, a $100 million initiative to support the continued growth of critical sectors of Connecticut’s economy, including biotechnology, financial technology, insurance technology and advanced manufacturing in support of national defense.

This program, administered by the Connecticut Department of Economic and Community Development (DECD), will leverage private and public investments to support the application of next-generation technologies such as artificial intelligence and quantum computing to accelerate innovation in high-growth clusters where Connecticut has demonstrated a competitive advantage.

“Connecticut has the best-educated and best-trained workforce in the country. They are the most important resource for designing, developing and producing the most advanced products and services that revolutionize industries and help companies succeed,” Governor Lamont said“We are the home of innovation and with this new program we can support the growth of sectors that create jobs and drive technological progress.”

The state is well positioned to take advantage of the next frontier in technology development, with the recent introduction of QuantumCT – a coalition including UConn, Yale, Connecticut State and others that will provide the thought leadership and strategic planning needed to enable Connecticut to reap the economic benefits of adopting new technologies in the years to come.

“Connecticut has a long tradition of innovation and the launch of QuantumCT and the Innovation Clusters Program clearly demonstrates our focus on the future and how local development of cutting-edge technologies can help shape the future of our strategically important industries,” DECD Commissioner Daniel O'Keefe said. “Through the Innovation Cluster Program, the state will partner with the private sector to invest in high-impact, technology-focused projects that are directly linked to our core economic strengths. This program will help accelerate the adoption of new technologies, improve competitiveness, train the workforce of our future, and increase vitality in host communities and surrounding regions.”

The Innovation Cluster program will prioritize funding for catalytic capital projects that contribute to the development of a campus environment and unified sense of place that complement the state's existing transportation-oriented investments and place a strong emphasis on workforce training, economic development, neighborhood vibrancy, and regional stakeholder collaboration.

Other criteria for funding include:

  • Leveraging partnerships with local businesses, universities and nonprofits to maximize investments;
  • Attract and promote talent;
  • Supporting diversity, equality and inclusion efforts; and
  • Ensuring local improvements through agreements for the common good.

DECD will issue a Request for Information (RFI) on June 3, 2024 and expects to award the prizes on a rolling basis.

For more information about the program, see portal.ct.gov/decd/content/community-development/03_funding_opportunities/capital-infrastructure-grants/innovation-clusters.

Twitter: @GovNedLamont

Facebook: Office of Governor Ned Lamont


Anna Harden

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