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FORGE Connecticut Product Development Funding Program Spring 2025

The FORGE Product Development Funding Program (PDFP) is non-dilutive funding awarded to emerging hardtech companies to support the development of a physical product and overcome the hardware “valley-of-death”. 

The goal of the grant is to remove barriers to scale and manufacturing, providing the necessary funds to solve for a specific product development challenge critical to the company’s ability to scale and/or reach the marketplace. Successful grant application will pinpoint that challenge and articulate how the grant funds will be used to overcome the roadblock, using Connecticut-based contract manufacturing and/or supplier resource/s*.

This funding opportunity is open to CT-registered companies developing physical products, regardless of their sector. All applicants must have at minimum an early stage physical prototype, both “looks like” and “works like” prototypes are eligible.

Awards will range from $30,000 to $100,000 and must be used by the winning company to address a specific product development challenge.  

Funds may be applied toward work carried out by a Connecticut-based supplier, as evidenced by accompanying quotes and/or work orders. This includes purchases of supplies, materials, or machinery from CT-based suppliers to support in-house manufacturing or product development. Companies may also use funds to collaborate with a Connecticut-based contract manufacturer or product development firm.

Eligibility Criteria: 1. The applying company must be registered within the state of CT.
2. The funding must be used towards a CT-based firm, with supporting accompanying quote/s or work order/s included in your application*
3. If selected as a winner, a representative of your company must be able to present your project in person, at a public FORGE event in CT, date TBD.
4. The applying company cannot have received over $10,000 in non-dilutive funding from FORGE in the last 12 months.
5. Winning companies are required to share proof of project execution and payment and provide follow up data as requested by FORGE.
6. To help us understand the outcomes of our funding and how it may set the stage for future wins, we ask that you provide brief updates on key milestones, successes, and any additional opportunities that arise as a result of this grant. *If you need help identifying CT-based manufacturers or suppliers to work with, FORGE is here to help! Please sign up for a meeting with the program team here, at no cost, to discuss. If you have any questions, please reach out to [email protected]. This application will close February 7th, 2025 at 11:59PM EST.


Initial Screening

Is your company registered in CT?

Is your company registered in CT?
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Please upload proof that your company is registered in CT.

Do you have a physical prototype?

In order to be considered, you must have at least a basic prototype - both “looks like” and “works like” prototypes are eligible. Any product beyond the prototype stage is eligible to receive funding.
Do you have a physical prototype?
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Do you have a quote or work order from the CT based supplier firm?

Do you have a quote or work order from the CT based supplier firm?
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By checking this box you acknowledge the fund disbursement will go directly to the supplier after you indicate their invoice is due.

By checking this box you acknowledge the fund disbursement will go directly to the supplier after you indicate their invoice is due.

If selected as a finalist, a representative of your company would be able to present your project at a FORGE event, date TBD, and you are willing to provide FORGE with a success story for public use

If selected as a finalist, a representative of your company would be able to present your project at a FORGE event, date TBD, and you are willing to provide FORGE with a success story for public use
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By checking this box, I confirm that my company has not received more than $10,000 in FORGE Product Development Grant in the last twelve months.

By checking this box, I confirm that my company has not received more than $10,000 in FORGE Product Development Grant in the last twelve months.

By checking this box, I confirm that my company is not currently in any outstanding legal disputes

By checking this box, I confirm that my company is not currently in any outstanding legal disputes

Questions About Your Company

Please answer the following questions so that FORGE can understand your company background and mission.

Company Name

Please briefly describe your company mission.

Company Sector

Company Sector
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Contact Name

Contact Title

Contact Title
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Contact Email

Contact Phone Number

Company Website (If Applicable)

Company Location (City & State)

Number of Employees (Full-time + Part-time)

Approximate Amount of Capital Raised

This helps us to understand the demographic lifestage of your company; your response will not work against you for the purpose of this application.

Which method(s) of funding make up your raised capital?

Which method(s) of funding make up your raised capital?

Approximate Amount of Revenue Earned

This helps us to understand the demographic lifestage of your company. Your response will not work against you for the purposes of this application.

Number of Products Launched.

The number of product lines your company has made available for purchase historically.

Have you worked with FORGE before?

Your response will not work against you for the purposes of this application. If you have worked with FORGE in the past, please still respond to the questions in full detail.

Questions About Your Company, Product, Current Development State, and Specific Challenge

Please briefly describe your business model and target market in 350 words or less.

Please briefly describe your product

Please describe your company's current level of market validation.

Please select your build stage.

Please select your build stage.
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Please describe the physical product development roadblock/s you are facing, i.e. the reason that led to this project, in 400 words or less.

Please describe the specific project you wish to pursue and how this funding will accelerate your physical product development timeline and/or build stage, in 400 words or less.

Explain why the opportunity has not yet been realized and why now is the right time to address it.

Please list your timeline up to this point. Include any future milestones and deliverables this project would help to achieve.

How will this funding serve as a catalyst for your company’s growth and impact? Please explain the impact on your development, and how this support will enable you to achieve broader success and contribute to the innovation ecosystem.

Please describe how you will leverage additional opportunities outside of this grant to continue advancing your innovation to improve beyond its current status.

Please attach an accompanying quote, budget, and/or work order.

In order to be eligible for this grant, these funds must be directed towards a CT based firm.

Please attach any letters of intent from pilot sites or potential customers.

Optional

Please confirm the award amount you are requesting.

The requested amount should reflect the quote/work order/s submitted.

Demographic Questions

These optional questions will help FORGE understand who we’re currently reaching, and set goals for diversity and inclusion.

What gender do you identify as?

What gender do you identify as?
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What ethnicity do you identify as?

What ethnicity do you identify as?
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Additional Questions

If you found out about FORGE and/or this opportunity through a referral, please indicate the name or organization.

Would you like to receive periodic updates from FORGE regarding upcoming events and opportunities?

Would you like to receive periodic updates from FORGE regarding upcoming events and opportunities?
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