A cold-storage company for honeybees and smart-bed startup for children with autism were among 36 Colorado startups approved for funding under the state’s Advanced Industries Accelerator Grant Program.
The Colorado Office of Economic Development and International Trade, or OEDIT, handed out a total of $8,567,756 in grant funding to support Colorado’s advanced industries, which include work like advanced manufacturing, aerospace, bioscience and electronics.
“As Colorado begins its recovery from the economic impact of the Covid-19 pandemic, support of the economic engines that are the advanced industries is more important than ever,” said Katie Woslager, senior manager of Advanced Industries, in a statement. “These projects expand the Colorado innovation ecosystem, creating jobs, expanding industries and driving investment into the state.
The Advanced Industries Accelerator Programs were created in 2013 to help boost Colorado’s advanced industries. Last year, the program handed out $7.7 million in grants to 37 startups.
This time around, the program received 119 applications that were reviewed by business, technical and financial experts, as well as an industry-specific reviewer.
Listed below are the 36 Colorado companies that were approved to receive proof-of-concept and early stage capital grants:
FinGoal, Inc. – Lafayette, CO $250,000
Fulfilld – Denver, CO $250,000
Hippo Health – Boulder, CO $125,000
InScribe Education Denver, CO $250,000
Link to Learn – Denver, CO $247,195
Rank One Computing Corporation – Denver, CO $250,000
CardioScout Innovations, Inc. – Boulder, CO $250,000
Ceria Therapeutics, Inc. – Aurora, CO $250,000
EZaLife, LLC. – Cherry Hills Village, CO $250,000
Mosaic Biosciences, Inc. – Boulder, CO $242,257
New West Genetics – Fort Collins, CO $250,000
Rock Immune, LLC – Denver, CO $250,000
SunPath – Louisville, CO $250,000
REQYRD, Inc. – Wheat Ridge, CO $250,000
Ecologic Materials, Inc. – Lakewood, CO $500,000
Phase IV Engineering, Inc. – Boulder, CO $381,000
Boulder Sterilization – Boulder, CO $250,000
Contour Printworks, LLC. – Longmont, CO $250,000
Liberty Dynamic – Denver, CO $152,190
Cubby Beds- Denver, CO $250,000
HiveTech Solutions, LLC – Westminster, CO $500,000
Barn Owl Drone Services - Colorado Springs, CO $200,000
PlanIT Geo – Arvada, CO $250,000
Op-T, LLC. – Denver, CO $250,000
Orbit Genomics, Inc. – Boulder, CO $250,000
Vona Oncology, LLC. – Aurora, CO $250,000
Ageto, LLC. – Fort Collins, CO $250,000
AMPP Technologies – Lakewood, CO $250,000
University of Colorado Denver, researcher: Nicholas Jacobsen - Denver, CO $129,975
University of Colorado Denver, researcher: Srinivas Ramachandra- Denver, CO $300,000
University of Colorado Denver, researcher: Sheana Bull - Denver, CO $90,139
Colorado School of Mines, researcher: Mark Eberhart- Golden, CO $150,000
Colorado School of Mines researcher: Andy Herring- Golden, CO $150,000
Colorado School of Mines researcher: Jeff Squier- Golden, CO $150,000
In addition to the startups listed, two Colorado companies — Local News Network and Serenity App, Inc. — met performance milestones set out by the program and were approved for a second round of funding, for a total of $250,000.
