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New Haven-Based ReNetX Bio, Inc. Closes Series A Funding and Expands Upon New Haven Roots Expansion Enhances City's Reputation as a Center for Innovation & Jobs
The Economic Development Corporation of New Haven has announced that New Haven-based ReNetX Bio, Inc., a private biotech company, has closed on its Series A funding and also solidified the relationship that the company has had with the city. The company plans to begin clinical trials on its drug within the year.
ReNetX Bio, Inc.'s mission is to provide first-in-class therapeutics to treat injury and damage to the central nervous system (CNS) in conditions such as spinal cord injury (SCI), stroke, and glaucoma. The company was founded based on the innovative technology from Dr. Stephen Strittmatter's work at Yale University to restore neurologic function after CNS injury.
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 2018 Discover New England Summit
In April, Sarah Washburn of Visit New Haven represented the region at the 2018 Discover New England Summit. The Summit is the only New England travel trade event where New England hospitality businesses are able to meet directly with international tour operators and receptive operators who arrange trips for tens of thousands of international travelers annually. This year, Sarah had a record-high 45 appointments and is following up with these tour operators and making connections with local hotels and attractions.
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Up next is Getaway Day at Grand Central Terminal on Wednesday, May 16th. The event, hosted by Metro-North, allows us to get Greater New Haven in front of thousands of travelers who are ideal visitors to Greater New Haven.
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 Blavatnik Family Foundation gives $15 million to expand fund for innovation in the life sciences at Yale University
Yale University has received a $15 million grant from the Blavatnik Family Foundation, headed by American industrialist and philanthropist Len Blavatnik, to expand the Blavatnik Fund for Innovation at Yale. First established in 2016 with a grant of $10 million, the Blavatnik Fund advances entrepreneurship in the life sciences at Yale and expedites the development, application, and commercialization of breakthrough research. The new grant will build on the fund's early successes in bolstering translational research and propelling the work of investigators toward the marketplace.
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 Supplier Growth Summit 2018
The Business Council of Fairfield County is sponsoring a Supplier Growth Summit event on May 23 in Stamford designed to help small and diverse businesses expand and grow their business with large corporations and organizations. We currently have 9 buyers signed on to participate in a match making session with prospective suppliers including GD Electric Boat, Pitney Bowes, Purdue Pharma, Quinnipiac, Sikorsky, Synchrony, Webster Bank and Coca-Cola. The morning also features a tradeshow with multiple state and national agencies who work with small businesses to build their business.
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U-Haul Guilford's Expansion Plan Supported by Town Officials
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New Haven's downtown development project is underway
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Looking to start a business? The Connecticut Small Business Development Center provides no-cost business advising
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Connecticut's Commodity Exports Rise 2.5% in 2017
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Vice President Bruce Alexander to retire in June
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Woodbridge unveils new microgrid to protect against power outages
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Melinta Therapeutics Receives Up to $6.2 Million from CARB-X to Advance Clinical Development of a Novel Antimicrobial to Combat Antibiotic-Resistant Bacteria
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Connecticut Puts Spotlight on Tourism at Conference
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Tweed runway length won't go before General Assembly this year, leaders say
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