Advanced Industries Road Tour starts tomorrow

Tuesday April 19, 2016 0 comments Tags: Denver, OEDIT, Advanced Industries grants, Fiona Arnold


DENVER -- The Colorado Office of Economic Development and International Trade (OEDIT) today announced its staff will go on a road tour throughout Colorado to educate people about the Advanced Industries (AI) Accelerator Program and how they can apply for grants.OEDIT_logoUSE

"In just the past three years, Colorado's AI program has granted over $35 million to 227 organizations, helping them to scale and find great success," said Fiona Arnold, OEDIT executive director.

"We want to ensure that people in every part of the state are aware of the program and know how to successfully apply for a grant." 

The AI grant team will answer questions at two-hour meetings, as well as discuss the program in detail and give helpful grant training advice.

Tour stops are:

* La Junta -- 4/20
* Grand Junction -- 4/25
* Montrose -- 4/26
* Durango -- 4/27
* Alamosa -- 5/5

The Advanced Industries (AI) Accelerator Programs promote growth and sustainability in Colorado's seven advanced industries by helping drive innovation, accelerate commercialization, encourage public-private partnerships, increase access to early-stage capital and create a strong ecosystem that increases the state's global competitiveness.

Five AI grants are available:

* Proof-of-Concept: Grant funding is used to identify and pull technologies from research institutions where they were discovered and connect them to private sector where they can scale. 
* Early-Stage Capital and Retention: Grant funding is used to fund companies using technologies developed in proof of concept grants and other early stage start-ups that have created viable products that meet a market need and that can be created or manufactured in Colorado and exported globally. 
* Infrastructure Funding: Grant funding is used to accelerate commercialization and innovation of AI products and services by building capacity and workforce.
* AI Export Accelerator Program: Grant funding is available for businesses to offset international business development and marketing costs.
* AI Colorado-Israel R&D grant: Grant funding available to Colorado companies that have partnered with an Israeli company and are seeking grant funds to support their joint R&D project/technology.

For more information, click here.