Magellan Center seeking $3.5 million to fund winners

LONGMONT ? Magellan Center is seeking $3.5 million to fund emerging businesses in Colorado.

The Longmont-based think tank is writing grant proposals to secure funds for the 17 winners it chose as part of its Colorado Catalyst2 ? Exponential Potential for Entrepreneurship and Innovation program.

The proposals are for programs and initiatives designed to help emerging businesses with revenues of $1 million to $20 million.

Magellan Center hired Susan Malone-Back, president of Denver-based Research Consultants LLC, to write the grant proposals.

Colorado Enterprise Fund will handle the money as it comes in, said Magellan Center Chief Executive Officer Pamala Gibson. ?Our role is to organize, contract with the grant writer, and once we get funding, to manage the quarterly reports. At the end we will write the summation.?
Magellan also will facilitate quarterly meetings and write press releases for the group, Gibson said.

Gibson hopes to be able to begin receiving grant money early in 2006.

Malone-Back will target organizations that fund economic-development projects, including the Carnegie Corp., Rockefeller Foundation, Ford Foundation, Mellon Foundation, MacArthur Foundation and duPont Fund, along with Wells Fargo and JPMorgan Chase, Gibson said.

Winning proposals include:

? Springboard for Entrepreneurs Seminar Series ? Colorado State University, Center for Entrepreneurship.

? Collaborate to Compete in Manufacturing ? Colorado Springs Manufacturing Task Force, Colorado Association for Manufacturing and Technology.

? Road-Mapping Colorado Research ? Jack Flobeck, Aqua Prima Center, with authorization from Colorado University.

? Tech Transfer as High-Octane Fuel for High-Growth Regional Economic Development ? University of Denver, Technology Transfer with VentureQuest Ltd. LLC.

? Center for Innovative Support for Entrepreneurial Businesses ? Front Range Community College, Boulder Campus.

? Tech Transfer: Sector Management for Environmental Sustainability ? CSU Office of Economic Development, CSU Research Foundation, CSU Vice President for Research, Industry.

? Manufacturing Technology Business Portal ? Part I & II ? MAMTC, Innovation Economics, GV Labs.

? The Catalyst Fund/ Financing 2nd Stage Companies ? Part I & II ? Colorado Enterprise Fund, serving the State of Colorado.

? Developing an Auditable Business Plan Standard ? Entrepreneurial Standards Forum.
? Entrepreneurial Business Benchmarking ? Entrepreneurial Standards Forum.

? The Entrepreneur?s Challenge: Transforming Product Innovation to Fuel Success ? Charter TiE-Rockies Members with Silver Streak Partners LLC.

? Colorado Connections: Creating Power Partnerships ? Magellan Center, with pilot project participation of Longmont Area Chamber of Commerce.

? Fort Collins/Northern Colorado: What is the Entrepreneur/Innovation Connection? ? Colorado State University, Northern Colorado Economic Development Council, CSU Office of Economic Development.

? Fostering Innovation Dynamics ? Colorado Springs Manufacturing Task Force, Continuous Improvement Associates, Colorado Association for Manufacturing & Technology.

? Statewide Economic Gardening Feasibility ? CSU Office of Economic Development, CSU Center for Entrepreneurship.

? Inventors? Resource Guide ? C3D Corporation with Magellan Center.
? Aqua Bucks ? Aqua Prima Center.

Contact Caron Schwartz Ellis at (303) 440-4950 or csellis@bcbr.com.

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