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Connecticut Bioscience Innovation Fund (CBIF)

Connecticut Bioscience Innovation Fund (CBIF)

Invests in Connecticut bioscience and life-science ventures with additional grant routes for academic and nonprofit teams.

Between cyclesConnecticut InnovationsUnited StatesOperations in Connecticut

The Connecticut Bioscience Innovation Fund (CBIF) is a $200 million evergreen investment fund managed by Connecticut Innovations, focused on accelerating commercialisable bioscience breakthroughs and growing healthcare-related companies within Connecticut. For the company track, CI makes equity investments in technology-based companies in bioscience, medtech, life sciences, and related healthcare …

Equity investment — and a separate academic/non-profit grant track — from Connecticut Innovations' $200M evergreen fund targeting bioscience, medtech, and life-sciences companies and institutions.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Equity
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.$200M

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Last verified: 22 Jul 2026Source: ctinnovations.com