CO Legislature Approves Grant Program for Advanced Industry Development

May 08, 2013

This week, Colorado legislators approved the launch of an advanced industries acceleration program that would provide grants for proof-of-concept, early stage capital and retention, and infrastructure. HB 13-1001 would create the program, which would make $150,000 to $500,000 awards to support commercialization in key industries. A separate bill, HB 1193, would launch a new five-year, $300,000 export program within the state's international trade office to help export products developed under the acceleration program. Gov. Hickenlooper proposed the programs in January (see the January 16, 2013 issue) and is expected to sign both bills. Learn more about the program...