Advanced Industries Proof of Concept Grant
Forecasted
Advanced Industries Proof of Concept Grant supports Colorado research institutions with precommercial research and commercialization preparation to bring disruptive technologies toward commercial development.
Funder: Colorado Office of Economic Development and International Trade
Due Dates (Anticipated): March 2027 (Spring deadline) | September 2027 (Fall deadline)
Funding Amounts: Up to $150,000 per project, with cap exceptions; up to 24 months (36 months for bioscience)
Summary: Supports Colorado research institutions in advancing disruptive technologies toward commercialization through precommercial research and preparation.
Key Information: Applicants must apply through a participating Colorado research institution and provide a 1-to-3 institution-to-state cash match.
Description
The Advanced Industries Proof of Concept Grant, administered by Colorado OEDIT’s Global Business Development division, helps Colorado research institutions accelerate applied research and commercialize products and services with the private sector. It supports precommercial research and commercialization preparation, not basic research. Supported milestones include proof of principle, intellectual property protection, prototypes and technical validation, market assessment, and start-up and corporate formation costs.
The program targets disruptive technologies representing a significant departure from currently available technology. Projects must directly impact at least one of Colorado’s seven advanced industries: advanced manufacturing, aerospace, bioscience, electronics, energy and natural resources (including cleantech), infrastructure engineering, or technology and information. Its broader intent is to license technologies to organizations pursuing commercial development with the majority of their operations in Colorado.
