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Matrix Rental Solutions Receives New Investment from Connecticut Innovations to Expand Universal Rental Application

Matrix Rental Solutions Receives New Investment from Connecticut Innovations to Expand Universal Rental Application
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CT Innovations $50 5M Future Fund seeks out startups led by underrepresented groups

Over the past three years driven in part by pandemic-related challenges and downsizing there has been a sharp uptick in startup businesses founded by women and minority entrepreneurs. Women accounted for 49% of new businesses in the U.S. in 2021, up from 28% in 2019, according to data from the World Economic Forum. Three times more Black-owned businesses were founded over the same time frame. Despite those positive trends, both women and minority groups remain largely underrepresented when it comes to receiving venture capital.

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Connecticut Innovations Launches $50 Million Future Fund

New Haven, CT (PRWEB) January 26, 2023 Connecticut Innovations(CI), the state’s strategic venture capital arm and the leading source of financing and

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2022 Innovator: First Lady Lamont emerges as one of U S top healthcare venture investors

Annie Lamont, powerhouse venture capitalist and first lady of Connecticut, is clear about what she is not: “I am not an entrepreneur.” Rather, she says, she helps entrepreneurs realize their visions. She has many tools, including mentoring, networking, managing, staffing, directing, funding, cajoling and recognizing when to exit.

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Annie Lamont-led angel investor group aims to boost women venture capital funding

In 2020, Americans filed more than 4.2 million applications for startup businesses a 24% increase from the previous year and the largest number of applicants over the past 15 years, according to U.S. Census figures. Many startups were launched by women who were 1.8 times as likely as men to be laid off during the pandemic. Despite the uptick in female-led companies over the past two years, women continue to face a key challenge in building a strong foundation for business growth: access to venture capital.

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