Advanced Industries Proof of Concept Grant

Funder: Colorado Office of Economic Development & International Trade

The Advanced Industries Proof of Concept Grant, offered by the Colorado Office of Economic Development and International Trade, provides up to $150,000 to Colorado research institutions for applied research in advanced industries. This funding aims to accelerate commercialization of innovative products and services through pre-commercial research, intellectual property protection, and technical validation. The grant prioritizes projects that impact multiple advanced industries and require matching funds from non-State sources.

Colorado Office of Economic Development and International Trade
The Colorado Office of Economic Development and International Trade (OEDIT) creates a positive business climate that encourages dynamic economic development and sustainable job growth. We advance the state’s economy through financial and technical programs under the leadership of the Governor and Executive Director.
Global Business Development
The Global Business Development (GBD) division supports Colorado businesses and communities by using a data-driven approach to recruit, support, and retain businesses that contribute to a robust and diversified economy.
Program Summary
The Advanced Industries Proof of Concept Grant provides funding to help Colorado research institutions speed up applied research in advanced industries and commercialize products and services with the private sector. Projects can receive up to $150,000 in grant money. This grant award maximum can be lifted for joint proposals or projects that impact more than one advanced industry.
Projects must accelerate product or service commercialization through precommercial research and commercialization preparation. Funding cannot be used for basic research. Funding can be used to support these milestones:

• proof of principle
• intellectual property (IP) protection
• prototypes and technical validation
• market assessment
• start-up and corporate formation costs
• Colorado research institutions and federal labs

Applicants must apply through one of the following Colorado research institutions.
University of Colorado Boulder - Office of Contracts and GrantsUniversity of Colorado Denver - Office of Grants and ContractsUniversity of Colorado, Colorado Springs - Office of Sponsored Programs and Research IntegrityUniversity of Denver - Office of Research and Sponsored ProgramsColorado State University - Office of Sponsored ProgramsColorado School of Mines - Office of Research AdministrationNational Jewish Health - Technology Transfer Office

Eligibility

To apply for the Advanced Industries Proof of Concept Grant, your project needs to: create a disruptive technology that directly impacts at least one Colorado advanced industryoriginate from an approved Colorado research institution or federal labaccelerate product or service commercialization through pre-commercial research and commercialization preparationprovide matching $1-to-$3 non-State funding to State funding If you are a past grant recipient interested in applying for a new grant, your new grant must be for a different technology/project. The technology must impact at least one of these advanced industries: Advanced manufacturingAerospaceBioscienceElectronicsEnergy and natural resources (including cleantech)Infrastructure engineeringTechnology and information

Ineligibility

Funding cannot be used for basic research.Continuation projects will not be supported.