Job Description

Connecticut Innovations ("CI")

As Connecticut's strategic venture capital arm and one of the most active investors on the eastern seaboard, CI has a portfolio of 220+ companies across various industries, with strengths in life sciences, technology and climate tech. CI meets with hundreds of companies every year, identifying the most promising early-stage companies looking to grow in the state. Every year, CI invests in 20+ new companies, in addition to providing follow-on capital to existing portfolio companies.

• CI has invested $620 million in innovative startups since 1995.
• CI's leveraging power is 9X, or $5.6 billion.

CI invested $42.2 million in 71 companies in the fiscal year (FY 2023) ending June 30, 2023. CI's investments also attracted an additional $454.5 million in outside capital into its portfolio companies. This fiscal year generated $38.2 million in cash proceeds through company exits, which includes acquisitions and IPOs.

During the past two fiscal years, CI officially launched two new funds, the $100 million ClimateTech Fund and the $50 million Future Fund, both of which are actively deploying dollars into early-stage companies. In addition to these new funds, CI launched the Innovation Lab to match and fund pilots between state agency partners and CI's scalable portfolio companies, expediting the pilot-to-procurement process for innovative technologies.

Our culture is vibrant, diverse, collaborative and inclusive. We embrace perspective and have mission alignment on our impact to Connecticut's innovation ecosystem. We host or participate in over 20 ecosystem events per year, and our headquarters at The District in New Haven is a catalyst for partnership and an innovation ecosystem community hub.

Human Capital Services (HCS)

CI created the HCS Team because we wanted our Founders to have access to hands-on support for their people strategy and execution tied to growth milestones, and to help fill open roles with CT-based talent.

The HCS Team provides services across organization design and structure, talent acquisition and retention, total rewards and recognition programs, employer branding, HR analytics, process and systems, and more. The HCS Team has identified 'preferred' strategic partners at reduced costs to support some of these services.

HCS Internship

An internship with CI is an exciting opportunity to gain valuable experience in a small team, innovative work environment. This internship with support talent acquisition/hiring within our portfolio companies (over 200) and project-based work. Specifically, this internship will support 3 projects:

• Consider Implementation (Talent Network) - we recently procured new software and this internship with lead segmentation of our Talent Network (90,000+), setting up dashboards, process automation, and creating communication templates.
• Benefit & Handbook Inventory Management - procure benefit summaries and handbooks from our 200+ portfolio companies and then create a benefit summary grid that can be shared with new portfolio companies.
• HCS Artificial Intelligence (AI) Strategy - research and recommend AI opportunities that can be leveraged by the HCS Team.

We are seeking undergraduate and MBA students with a strong interest in the intersection between venture capital and human resources.

Skills & Competencies

• High personal passion for a fast-developing innovation ecosystem
• Detailed, action-oriented person who takes initiative to follow-up on items
• Project management and organization skills to solicit and follow up on meetings
• Communicate comfortably with a wide range of stakeholders
• Ability to synthesize data into a compelling story
• A seeker and learner mentality and someone that likes to laugh

Connecticut Innovations is an equal opportunity/affirmative action employer. We welcome all candidates to apply regardless of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, or genetic information.

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