We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
Sponsor Generated Content
Grant applications are due Jan. 2.
Earlier this month, $2.9 million in first-round funding was awarded under the new program. Four out of the eight grant winners are from Northern Colorado.
The companies include Loveland-based Lightning Hybrids, which was awarded $500,000 for its work developing a hydraulic launch assist that converts traditional fuel vehicles to hybrids.
Fort Collins-based VetDC Inc. was awarded $250,000 to continue developing a drug for canine lymphoma. The drug, VDC-1101, is scheduled for regulatory review by the U.S. Food and Drug Administration in early 2014, according to the OEDIT.
Prieto Battery Inc., a Fort Collins-based spin-off from Colorado State University, was awarded $150,000 for work on a prototypical electrode to be used to improve the effectiveness of lithium batteries.
And Membrane Protective Technologies Inc., also of Fort Collins, was awarded $125,000 for its work on a protective technology inserted in semen to improve the rates of artificial insemination.
The early stage capital and retention grants are designed to help start-ups with viable products that can be created and or manufactured in Colorado. For more information on the accelerator grants program, visit www.advancecolorado.com.