The University of Connecticut has opened an incubator for startup companies in the data sciences fields, adding to its Technology Incubation Program (TIP) in Farmington and Storrs.
The Stamford incubator will host early to mid-stage companies focused on data science in a nearly 5,700-square-foot facility on 9 West Broadway St. in Stamford, according to UConn.
“Thanks to the vibrancy of the business community in Stamford and UConn’s strengths in data science and innovation, we’re confident that TIP Stamford will become an engine for new company and job creation,” Radenka Maric, UConn’s vice president for research, innovation and entrepreneurship, said.
The move comes after TIP companies raised nearly $463 million in 2020.
Five startups will form the Stamford TIP’s inaugural cohort, UConn said. These startups will have access to offices and shared work areas, UConn’s research infrastructure, faculty experts, student talent, business mentoring and networking opportunities, according to UConn.
Funding for TIP Stamford comes from UConn and a $2.1 million grant from StamfordNext, an offshoot of CTNext, the state-backed entrepreneurial network.
“StamfordNext believes in the growth of the data science field,” said Wesley Bemus, executive director of StamfordNext. “We are excited about the impact TIP will have on existing companies in the area and the potential of fulfilling their data science needs.”
Startups in TIP Stamford’s inaugural cohort include:
ACW Analytics LLC, a startup aimed at creating software that will help public and private infrastructure owners prepare for weather events, and handle their aftermath.
Foot Traffic Stats, which sets out to provide small to mid-size businesses affordable methods of automatically count people and foot traffic.
Illumu Inc., a startup that uses artificial intelligence to measure many aspects of human psychology.
Populi Inc., which is focused on making healthcare analytics faster and more available to consumers, while protecting privacy.
Sky Squeegee, a drone platform that can be used to clean, treat, and inspect difficult to access structures.