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From 33 original applicants, nine teams have been chosen to participate in a 10-week startup accelerator program in Connecticut as part of an investment pilot. Each team will be given $25,000 from Connecticut Innovations Inc. to help develop the company, as well as mentorship from professional resources to guide each individual team.
Participants are mostly comprised of current or recent graduates from Connecticut universities; two of the groups are licensing technologies from Yale and Columbia, and one group includes a 14-year old entrepreneur. At the end of the program, teams are expected to be ready to launch and present their business plan to a group of potential investors.
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