State awards $8 6M in grants to startups – BizWest bizwest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizwest.com Daily Mail and Mail on Sunday newspapers.
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DENVER – May 20, 2021 – A Colorado company with an innovative container system technology to help eliminate the spread of varroa mites and create optimal conditions in the winter for honeybees was among 36 Colorado start-ups approved for funding as part of the Colorado Office of Economic Development and International Trade (OEDIT)’s Advanced Industries Accelerator Grant Program. A total of $8,567,756 was approved this grant cycle for Proof-of-Concept and Early Stage Capital and Retention Grants to support Colorado’s advanced industries.
“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 – Advanced Industries. “These projects expand the Colorado innovation ecosystem, creating jobs, expanding industries and driving investment into the state.