New Funding Program?

If the Advanced Industries Acceleration Act, HB 13-1001, being considered in the Colorado Legislature this year, is approved by Colorado lawmakers, it will create a program that provides cash grants for startup companies in industries such as aerospace, bioscience, cleantech and information technology. The bill would replace two existing state measures — the Bioscience Discovery Evaluation Grant Program and the Clean Technology Discovery Evaluation Grant Program.

“If HB 1001 goes through, it would essentially pull the bioscience program into the larger program and could make changes to our program,” said Sonya Guram, manager of the bioscience grant program.

HB 13-1001…