Startups  November 26, 2024

CO-WY Engine launches ‘digital twins’ accelerator program

The Innosphere incubator in Fort Collins.
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FORT COLLINS — The Colorado-Wyoming Climate Resilience Engine will launch its Digital Twins Accelerator program next spring.

The goal of the accelerator “is to help early-stage startups that are incorporating digital twinning as a key part of their solutions to accelerate their commercial pathway and company growth,” the CO-WY Engine said in a news release. 

A “digital twin” is essentially a computer simulation of a physical object or system that can be used to test the effect of inputs on that object. For example, a digital twin could be created for a wind turbine to test its efficiency under various weather conditions. 

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“The Digital Twins Accelerator program will focus on supporting ambitious and commercially-minded startups that align to one or more of the CO-WY Engine’s identified focus area use cases which include soil health and productivity, natural hazard preparedness and response, and water quality and availability,” the release said. 

The CO-WY Engine was designated a Regional Innovation Engine this year by the National Science Foundation, making the collaborative effort eligible for as much as $160 million in federal funding over the next 10 years. 

The CO-WY Engine initiative, led by Fort Collins-based accelerator program Innosphere, with participation from Colorado State University and the University of Colorado, will “create technologies and tools needed to combat global climate changes, and develop a new climate economy, locally and nationally, through: 1) identifying climate challenges, including needs in measurement, standardization, and barriers to equitable technology adoption and implementation; 2) funding and providing strategic partnering for the selected technologies, developed via use-inspired and translational research; and 3) implementing new programs that align the regional workforce,” according to CO-WY Engine documents.

“We believe the application of digital twins can transform approaches and power innovative pathways toward community resiliency by translating environmental monitoring technologies and predictive analytics into reliable and trustworthy decision support systems that enable key aspects of resilience,” CO-WY Engine CEO Mike Freeman said in a prepared statement. 

The accelerator program will run from next March to August. Applications are open through Jan. 24, 2025.For more information, visit the accelerator’s website.

The goal of the Digital Twins Accelerator “is to help early-stage startups that are incorporating digital twinning as a key part of their solutions to accelerate their commercial pathway and company growth."

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