42 Colorado startups and researchers receive grants

Colorado Office of Economic Development and International Trade

The Global Business Development division of the Colorado Office of Economic Development and International Trade announced that 34 Colorado companies and eight researchers have been awarded Proof of Concept and Early-Stage Capital and Retention grants through OEDIT’s Advanced Industries Accelerator Program.

These grants, totaling nearly $9 million, will help promote the growth and sustainability of advanced industries in Colorado by driving innovation, commercialization and public-private partnerships that move this vital aspect of Colorado’s economy forward in communities across the state.

The grants announced will support the advancement of new technologies in life sciences, advanced manufacturing, the circular economy and resource management.

Companies like MyUTI, Proov and Lasa Health are improving the lives of women, while Colorado Earth, Pretred and RockyTech are turning waste materials into new functional products. Corriente Environmental Solutions and 3 Rocks Engineering are also ensuring that Colorado’s water resources are preserved and managed responsibly.