Advanced Industries Proof-of-Concept Grant Program
Advanced Industries (AI) Proof of Concept (POC) Program funding is provided to Colorado State University (CSU) through the Colorado Office of Economic Development and International Trade (OEDIT) and is intended to accelerate the commercialization of CSU innovations with high potential for creating economic impact in the State of Colorado. Funding is available from the State for POC projects related to the following industries: Aerospace, Advanced Manufacturing, Bioscience, Electronics, Energy and Natural Resources, Infrastructure Engineering, and Technology and Information.
The grant application period is now closed.
CSU STRATA typically requests letters of intent in late Summer for CSU’s allocated funding.
Additional AI POC funding is available to researchers at eligible Colorado research institutions directly through OEDIT, which will begin accepting applications in January 2024 for their March 2024 deadline. CSU researchers should contact CSU STRATA about applying for these funds.
Questions regarding the grant process? Contact firstname.lastname@example.org
The AI POC Program is funded by the Colorado Office of Economic Development and International Trade (OEDIT) to advance innovations developed at Colorado research institutions in the advanced industries towards commercialization, leading to economic impact in the State of Colorado. These industries include: Aerospace, Advanced Manufacturing, Bioscience, Electronics, Energy and Natural Resources, Infrastructure Engineering, and Technology and Information.
Since 2013, more than $5 million have been allocated to CSU under the AI POC Program, funding more than 60 projects. In FY2024, $782,000 was allocated under the program specifically to fund POC projects in the Colorado State University System (CSU). A 1:3 cash match is required.
CSU STRATA, in collaboration with the Offices of Sponsored Programs.
AI POC grant funding is available to any Colorado State University non-temporary, salaried, state classified or general faculty employee.
The FY25 application process will be announced closer to the funding cycle.
All questions regarding AI POC grants at CSU should be directed to Sarah Belford via email, email@example.com.
- OEDIT has set up the AI POC Program with a 1:3 cash matching requirement. This means that $1 of matching funding must be supplied by the applicant for every $3 provided by the State.
- For example, applicants requesting the full $120,000 from the State must provide a minimum of $40,000 in matching funds, for a potential total project budget of $160,000.
- CSU STRATA may provide a portion of the matching funds for a limited number of projects; however, applications that have matching funds identified will receive priority status in the review process.
- Matching funds must be cash (not in-kind) and cannot be other State of Colorado funds or funds from existing sponsored projects. Other internal funds, funds provided by industry sponsors or investors, and donor contributions can be used as match. Matches may come from multiple sources. Faculty effort is not allowed as a match.
More information may be found at https://choosecolorado.com/doing-business/advanced-industries/.