Advanced Industries Early-Stage Capital and Retention Grant

About

A grant program designed to support Colorado-based advanced industries technology businesses by providing funding to develop and commercialize innovative technologies, with a focus on projects that can significantly impact the state's economy. Eligible applicants can receive up to $250,000, with a requirement for matching funds, and will benefit from a structured application process that includes mentorship and networking opportunities.

Benefits

• 💰Financial Support
  Up to $250,000 in grant funding for eligible projects
• 🎓Mentorship Program
  Access to guidance from industry experts and mentors
• 🏢Office Space
  Potential access to co-working spaces in Colorado
• 🌐Network Access
  Connection to Colorado's advanced industry trade associations and potential investors
• 📈Business Support
  Assistance with commercialization plans and market assessments
• 🎤Exposure Opportunities
  Opportunity to present at pitch events to gain visibility and attract investors

Eligibility Criteria

• Must create a disruptive technology that impacts at least one Colorado advanced industry
• Must be registered with the Colorado Secretary of State and in Good Standing
• Headquarters must be in Colorado or at least 50% of employees based in Colorado
• Must provide matching $2-to-$1 non-State funding to State funding
• Annual revenues must be fewer than $10 million

Participation Commitments

• Must complete a pre-qualification application in the OEDIT application portal
• Must provide documentation verifying matching funds at the time of application
• Must attend a pitch training session if selected to pitch at the Full Committee Meeting
• Must execute a formal grant agreement before spending any grant funds

Target Sector

Focused on advanced industries technology

Target Location

Open to businesses based in Colorado