Advanced Industries Export Grants for Small-and Medium-sized Businesses in Colorado
Colorado Office of Economic Development and International Trade (OEDIT)
Status:
Active
Posted:
Deadline:
Funding
Program:
Award Floor:
Ceiling:
15000
Match Required?
Eligibility
Colorado
States:
Entity Types:
State governments
Contact
Email:
Phone:
Source Type:
State
The Advanced Industries Export Grant helps Colorado-based advanced industries technology businesses who want to export or are currently exporting.
Donor Name: Colorado Office of Economic Development and International Trade (OEDIT)
State: Colorado
County: All Counties
Type of Grant: Grant
Deadline: Ongoing
Size of the Grant: Up to $15,000
Details:
This grant is for small- and medium-sized businesses. It reimburses for international business development and marketing costs.
The Global Consultant Network is also funded through this program. Colorado-based businesses can receive consulting support to help them expand into other countries. Consulting services typically last between three and eight months. Consultants offer these services:
market entry services
in-country partner meetings
other services (cost dependent on service)
Advanced industries technology
An advanced industries technology is defined by law as a technology or product that is innovative and disruptive to one of these seven advanced industries:
advanced manufacturing
aerospace
bioscience
electronics
energy and natural resources (including cleantech)
infrastructure engineering
technology and information
Funding Information
Businesses can apply for up to $15,000 and up to 50% of the approved expenses.
Eligible expenses
Before you spend money on your project, make sure your expenses are eligible. Eligible expenses include:
up to 2 company employees going on an overseas trade mission, international or domestic trade show, or international market sales trip
conducting due diligence or credit reviews on potential buyers or distributors
legal fees related to a contract, intellectual property protection, or other issues related to exporting goods or services
design and producing international marketing materials
compliance with international requirements for labeling, packaging, or shipping
translation for a contract, official document, marketing materials, or website
quality or environmental certifications
preparing product documents, product registration, or assembly or maintenance instructions
Eligibility Criteria
To be eligible, your business needs to:
manufacture an advanced technology and influence one or more of Colorado’s advanced industries
have headquarters in Colorado or have at least 50% of your employees based in Colorado
employ fewer than 200 employees globally
show a profit during the last fiscal year
be new to export or expanding to a new export market
have at least two years of sales experience in the United States
be registered with the Colorado Secretary of State and in Good Standing
have a commercialized product or service to export
be export-ready
This grant will not reimburse for certain activities, including but not limited to:
any expenses that state law forbids a state agency from reimbursing a state employee
airfare upgrades to Economy Plus, Business, or First Class for domestic or international flights
entertainment, receptions, or social events
staff pay
routine business operation expenses
infrastructure related expenses
For more information, visit OEDIT.