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‘Innovation Places’ contest draws millions in private investment

Two teams made up of well-known Greater Hartford companies, colleges, nonprofits and other institutions last week aired plans to invest millions of dollars in new economic development initiatives with the hopes of winning matching funds from the state's Innovation Places competition.

No funds for that project? It may be time to ask the crowd

Crowdfunding platforms created to raise capital for projects, products or startup companies have proved to be a powerful financing mechanism for those unable to find funds from traditional sources, such as banks or venture capitalists.