Learn more about the Proof of Concept Grant

About this funding opportunity

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Advanced Industries Proof of Concept Grant Program Summary

The Advanced Industries Proof of Concept Grant provides funding to help Colorado research institutions speed up applied research in advanced industries and commercialize products and services with the private sector. Projects can receive up to $150,000 in grant money. This grant award maximum can be lifted for joint proposals or projects that impact more than one advanced industry.

Projects must accelerate product or service commercialization through precommercial research and commercialization preparation. Funding cannot be used for basic research. Funding can be used to support these milestones: proof of principle intellectual property (IP) protection prototypes and technical validation market assessment start-up and corporate formation costs The application is closed and will open July 1, 2026

See all Advanced Industries Accelerator Programs Overview

Type: Grant

For: Research institutions

Amount: Up to $150,000 per project

Match: 1-to-3 (institution-to-state), cash

Industry-specific: Advanced industries

Application periods: January to February and July to August

OEDIT division: Global Business Development

Image description: Business testimonial highlighting how the Advanced Industries Proof of Concept Grant supported the business Aspero Medical. Mark Rentschler, Chief Executive Officer stands in a lab holding medical devices and next to the photo is a quote from Mark that says "The Advanced Industry Proof of Concept grants have been invaluable in helping Aspero Medical move technologies from bench to bedside as we grow our Colorado company. These funds have allowed Aspero to de-risk technology and secure outside capital. Without these funds, raising capital, recruiting talent, and building a successful medical device company would likely have not been possible."

Collapse All Grant award maximum

A project or technology with a particular application may receive grant…

Topic areas: General and Cross-cutting R&D.

Funding amount

This grant provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• Not specified by the program.

Eligibility

The program did not publish a separate eligibility statement. See the official opportunity page for the full eligibility criteria.

Agency

Learn more about the Proof of Concept Grant is administered by Colorado Office of Economic Development and International Trade (OEDIT), listed via Colorado Office of Economic Development and International Trade.