- Thames River Innovation Place has opened up its latest request for proposals
- Funding will be available for projects slated to start Nov. 1
- Priority will be given to initiatives supporting the Blue Tech economy of southeastern Connecticut
Summary by Dirk Langeveld
Thames River Innovation Place has opened its latest request for proposals for its next round of funding.
TRIP is giving priority to initiatives that activate the regional Blue Tech economy in southeastern Connecticut, including attracting companies, fostering innovation, and breaking down industry barriers or silos. The Blue Tech economy includes activity related to the Thames River and Long Island Sound, anchored by submarine development at General Dynamics Electric Boat and a planned offshore wind staging area at New London’s State Pier but also extending to sectors such as aquaculture, hospitality and tourism, transportation, and research and education.
Secondary consideration will be given to projects with regional entrepreneurial potential (such as promoting development in Groton City and New London, creating opportunities for underserved communities, and growing activities related to the water) and enhancing community vibrancy (such as projects that “create a culture of pride” and build collective vision for region, especially those based around Blue Tech).
- Interested parties must submit a letter of interest by July 30 and a proposal by Aug. 13
- Proposals will be reviewed by TRIP and CTNext, with finalists making their pitches to the organizations in September and projects set to launch Nov. 1
- Required documentation includes a project summary, key performance indicators, budget, proposed milestones, and three letters of good standing; applicants must also commit a cash match of at least $1.15 for every dollar of CTNext funding
- Full details are available on the TRIP site
