Strengthens Connecticut Manufacturing by Advancing Startup Product Development
Summary
NEW HAVEN, Conn., March 17, 2025 (GLOBE NEWSWIRE) , a 501(c)(3) nonprofit that helps manufacturing startups reduce risk, decrease failure rates, and speed pathways to production, is set to announce the winners of the 2025 Connecticut FORGE Product Development Funding Program, backed by the The Connecticut Office of Manufacturing (MIF). Through this product development program, startups receive non-dilutive grants in the range of $30,000 and $100,000 to resolve product development barriers to contract with Connecticut manufacturers and suppliers.Make It Here in CT will feature keynote speaker Paul Lavoie, Chief Manufacturing Officer of the State of Connecticut, and a panel of local startup leaders. Attendees will tour the Gyre9 plant to see how this type of non-dilutive funding furthers cutting-edge product development and manufacturing processes in Connecticut, improving revenues and engagement. Those interested in attending are invited to .In just two years, FORGE has worked with more than 100 manufacturers and 140 startups in the state of Connecticut. FORGE programming and resources prepare startups and manufacturers to work effectively together, driving local manufacturing contracts from initial prototyping through to full-scale production.FORGEs efforts to identify, support and build resources for startup companies have yielded considerable success.