Advanced Industries matching grant applications for state funding due Jan. 2

By: InnovatioNews Monday December 16, 2013 0 comments Tags: Denver, OEDIT

Colorado OEDIT logoDENVER - The Colorado Office of Economic Development and International Trade (OEDIT) announced a second grant cycle for the state's Advanced Industries Accelerator Programs.

OEDIT said online applications are now being accepted at www.advancecolorado.com/aiprograms for Proof of Concept and Early-Stage Capital and Retention grants.

Proof of Concept grant applications are due by Jan. 2 and are for applied research performed at Colorado research institutions. Grants of up to $150,000 will be awarded with matching funds at 1-3, OEDIT said.

Early-Stage Capital and Retention grant applications are also due Jan. 2 and aimed at helping the state keep and grow companies. Grants up to $250,000 will be awarded with matching funds of 2-1.

The Advanced Industries Accelerator programs (HB 13-1001, HB 13-1193) were created earlier this year to promote growth and sustainability in advanced industries by helping drive innovation, accelerate commercialization, encourage public-private partnerships, increase access to early-stage capital and increase Colorado's global competitiveness.

Advanced industries include aerospace, advanced manufacturing, bioscience, electronics, energy and natural resources (including cleantech), infrastructure engineering and technology and information.

Grant cycles are quarterly with applications due on the first business day of the quarter.
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