Even in a down economy venture capitalists still fund companies. According to several sources quoted by the New Haven Register (www.nhregister.com) in a July 21, 2009 article, nationally venture capitalists invested $6.9 billion in the first half of this year. Of that money, $84.9 million went to 14 CT-based deals.
So joining those on the entrepreneurial road to success as an employee or consultant may be a good option. Start-ups usually offer employment opportunities once the company has received the venture capital it needs to fund advancement in areas like research, operations, product development, business planning, sales, and marketing.
Therefore, the best way to start looking for a job among startups is to research which companies have recently received funding. Companies in the life sciences, such as biotechnology, medical devices, and biopharmaceuticals are hot. For example, national investment in biotechnology in the second quarter jumped 54% over the first quarter.
Of the $84.9 million invested in CT deals, $20.4 million went to Marinus Pharmaceuticals, Inc. (www.marinuspharma.com) in Branford. Marinus is a biopharmaceutical company that is developing drugs to treat central nervous system disorders.
Why not find out what they plan to do specifically with the money and see if your skills fit their needs?