Thames River Innovation Place Opens Another RFP Round Aimed at Stimulating the Regional Blue Economy

Thames River Innovation Places (TRIP) has released a Request for Proposals soliciting new ideas that leverage and enhance the local Blue Economy to benefit the region. Non-profits, for-profits, individuals, and municipalities are all encouraged to apply by Friday, August 13th.

Under the RFP, TRIP is primarily seeking proposals for projects that activate the Blue Economy.  Other categories for funding include projects that unlock regional entrepreneurial potential and enhance community vibrancy.  However TRIP encourages any company or entrepreneur with an interesting idea to reach out, even if it doesn’t fit perfectly into one of the categories.

Projects selected under the RFP will define TRIP’s $1.5M portfolio of projects that will be presented to CTNext for approval at the end of September. Projects funded through the Innovation Places Program must be matched by non-state funds and will result in more than $3M in investment between the communities of Groton and New London. 

CTNext is a public/private network of entrepreneurs, mentors, service providers and others helping Connecticut’s most promising startups succeed and grow. In 2016, CTNext expanded to new initiatives helping key places in the state become magnets for talent, supporting entrepreneurship in higher education, and focusing more on growth-stage companies. The first of these efforts, Innovation Places, launched on July 1, 2017 with Stamford, New Haven, Hartford/East Hartford, and Thames River as its four awardees. It weaves together entrepreneurship support and relationship-building with physical planning and development.