This EDA investment supports the colorado coalition, led by innosphere venture, with their proposal to grow the colorado front range regions intensive r & d growth cluster in stem to rapidly scale the…

This $500,000 Economic Development Administration Project Grant supports the Colorado Coalition, led by Innosphere Ventures, to grow the Colorado Front Range regions intensive R&D growth cluster in STEM. The Coalition will develop six construction projects focused on biosciences and cleantech industries. It will grow cluster employment, particularly for Black and Latinx workers, and incubate STEM startups, especially those owned by people of color. The Department of Commerce Economic Development Administration awarded this grant under the Economic Adjustment Assistance program on December 15, 2021 for completion by December 14, 2023. The place of performance is Fort Collins, Colorado and Rocky Mountain Innovation Initiative Inc., doing business as Innosphere Ventures, is the awardee.

This EDA investment supports the colorado coalition, led by innosphere venture, with their proposal to grow the colorado front range regions intensive r & d growth cluster in stem to rapidly scale the local biosciences and cleantech industries. If provided an implementation grant, the coalition proposes to develop six construction projects; grow cluster employment, particularly focused on growing the region's black and latinx workforce; and incubate stem startup ventures, especially increasing those owned by people of color.