The purpose of the Advanced Industry Infrastructure Funding program is to provide support to projects that develop the business infrastructure necessary to grow Colorado’s Advanced Industries. The Advanced Industries include aerospace, advanced manufacturing, bioscience, electronics, energy, infrastructure engineering, and technology and information. The Colorado Office of Economic Development and International Trade will administer the program with support of Colorado Advanced Industry trade associations and the state’s Economic Development Commission.
Advanced Industry Infrastructure Funding Grants provide state funding to collaborative projects that will have a broad industry‐wide impact across one or more of Colorado’s Advanced Industries. The range of possible projects is broad, but each project should have a well defined scope and objectives. Examples may include projects that provide workforce training, shared working space or equipment, or mentorship for Colorado companies.
In order to be eligible for funding projects must meet the following requirements:
- Significantly impact one or more of Colorado’s Advanced Industries
- Demonstrate the collaboration of multiple industry partners
- Demonstrate the availability of necessary matching funds. Matching fund requirements are $2:$1 (non‐state funding : state funding).
Projects meeting the eligibility requirements will be eligible for up to $500,000 in grant funding. The minimum size of grant awarded will be $50,000.
For more information about the Advanced Industry Infrastructure Program, including upcoming informational sessions, guidelines and grant cycles, please visit choosecolorado.com/doing-business/incentives-financing/advanced-industries/.