DENVER - December
13, 2013 - The
Colorado Office of Economic Development and International Trade today
announced the second grant cycles for the Advanced Industries Accelerator
Online applications are now
being accepted at www.advancecolorado.com/aiprograms for Proof of Concept and
Early-Stage Capital & Retention grants.
Proof of Concept grant applications are due onJan. 2, 2014, and are for applied research performed at
Colorado research institutions. Grants up to $150,000 will be awarded (with
exceptions), with matching funds at 1-to-3.
Early Stage Capital and
applications are also due on Jan. 2, 2014, and are meant to help Colorado
keep and grow our companies. Grants up to $250,000 will be awarded (with
exceptions), with matching funds of 2-to-1.
The Advanced Industries Accelerator
Programs (HB 13-1001,HB 13-1193) were created in 2013 to promote
growth and sustainability in these 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.
Advanced industries are prime
drivers of the U.S. and Colorado economy, comprised of engineering and
R&D intensive companies that deliver products and services in
industries ranging from aerospace to medical devices.Colorado's advanced industries
include: Aerospace, Advanced Manufacturing, Bioscience, Electronics, Energy
and Natural Resources (including Cleantech), Infrastructure Engineering,
and Technology and Information.
Grant cycles will be
quarterly with applications due on the first business day of the
quarter.For more information about the AI Accelerator Programs,
including upcoming information sessions, guidelines and grant cycles,
please visit www.advancecolorado.com/aiprograms.