WSOTT Workshops/Research Grants
The Bioscience Discovery Evaluation Grant Program was created by the Colorado legislature to foster development of the industry in Colorado, supporting both new business development and quality jobs for Coloradans. Grants to further develop technologies coming out of Colorado’s non-profit, research institutions toward commercialization were authorized in statute in 2006.
Now in fiscal year 2011-12, the program continues to support technology transfer and commercialization with grants to qualified research institutions, to early-stage companies, and to fund critical infrastructure to grow the industry via partnership efforts between the bioscience industry and research institutions.
The Program Report highlights accomplishments and identifies grants made under the program.
The Small Business Innovation Research (SBIR) program is a highly competitive program that encourages domestic small businesses to engage in Federal Research/Research and Development (R/R&D) that has the potential for commercialization. Through a competitive awards-based program, SBIR enables small businesses to explore their technological potential and provides the incentive to profit from its commercialization. By including qualified small businesses in the nation’s R&D arena, high-tech innovation is stimulated and the United States gains entrepreneurial spirit as it meets its specific research and development needs.