Administered by the Global Business Development division of the Colorado Office of Economic Development & International Trade, this grant is your gateway to elevating your innovative technologies.
Funding Potential:
Up to $250,000 to scale your operations and enhance commercial ventures.
Twice-Yearly Deadlines:
Apply before the critical dates of March 1st or August 29th to take the next step in your growth journey.
Eligibility:
Are you a key player in Colorado’s robust tech scene? This grant is designed for Colorado-based companies shaking things up in advanced industries through disruptive technologies. You must also meet these requirements:
– Registered and in good standing with the Colorado Secretary of State
– Headquarters in Colorado or 50% of employees based in the state
– A commitment to a $2-to-$1 match in non-state to state funding
– Less than $20 million in funding from grants and third-party investors
– Annual revenues below $10 million – Proven technology viability, including valid IP, complete prototypes,
technical validation, and a clearly defined market assessment
Gain Additional Consideration For:
– Technologies developed by licensed Colorado research institutions
– Engagement with local incubators, accelerators, or entrepreneurship programs
– Referrals from venture capital or angel investor groups
Application Essentials:
Stakeholder Collaboration, Product and Technology, Business Strategy and Financials, Company Management, and Contributions to Colorado’s economy.
The evaluation process includes reviews at multiple levels to ensure the most promising enterprises are selected. Become a part of a prestigious group of companies that have successfully harnessed this opportunity as of May 2024, November 2023, and May 2023.
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