Presentation Brief:

Charles Moret will discuss Connecticut's New Pre-Seed Fund created in late 2010. Under the new Pre-Seed Fund, CI is broadening its objectives to include opportunities that will have the potential to create viable technology businesses with local jobs but in areas that may not currently fit CI's other investment funds. The Pre-Seed Fund supports CI's mission to assist the entrepreneurial community by making risk capital investments in people, technologies and emerging companies. Financing will be made available for development of proof of concepts, support services and other specified assistance. Technology businesses must:

• be principally located in Connecticut;
• have not less than seventy-five per cent of their employees working in Connecticut; and
• demonstrate private investment dollars of not less than fifty cents for every dollar of financial assistance sought from the program

Biography:

Charlie is a managing director, business development for Connecticut Innovations, a quasi public State organization which provides strategic capital and operational insight to push the frontiers of high-tech industries such as energy, biotechnology, information technology, and photonics. He is responsible for developing and supporting business opportunities for CI and maintaining relationships with key partner organizations. He also directs CI's Pre-seed Program which Charlie joined CI in 2000 with more than 25 years of experience in business, finance, marketing and entrepreneurship. He holds a bachelor's degree in marketing from Pace University and a master's degree in business administration from Fairleigh Dickinson University. He is been active on numerous boards and community organizations including the Connecticut Venture Group, MIT Enterprise Forum, Simsbury Board of Education and the Hartbeat Ensemble.

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