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The Good News
2019 December/January
Pg 3 - The Sunshine Express
a safer place by becoming more efficient and effec-
tive. The SmartForce Agency Management System
is a one-stop shop for communicating and collabo-
rating important organizational information on a
mobile and secure CJIS compliant platform.
** Unmanned Experts, Inc. 每 Denver, CO $120,000
每 Unmanned Experts is a world-leader in the fusion
of robotics, unmanned aircraft and traffic manage-
ment systems (UAS/UTM), based on pioneering
work with UAS & UTM. Their air domain awareness
architecture is based on NASA tech, tracking UTM*s
transition to an FAA program of record in the Na-
tional Airspace System.
Their goal is to embed themselves in the fabric of
public safety aviation beginning with fire aviation.
They are committed to building UTM-powered air
asset management tools at scale
** Artimus Robotics, Inc. 每 Boulder, CO $250,000
每 Many everyday tasks are impossible to automate
because current robotics and physical automation
technologies, such as electric servo motors and
pneumatic actuators, are heavy, rigid, complex, and
not adaptable.
At Artimus Robotics, their innovative artificial
muscle technology provides lightweight, simple,
controllable, and versatile linear motion that can
replace traditional actuators and enable the next
generation of automation and robotics in industries
ranging from warehouses to healthcare
** Barn Owl Tech, Inc. 每 Colorado Springs, CO
$240,000 每 Barn Owl automates the monitoring
of remote and mobile assets with an AI-powered
surveillance platform.
** Brava Diagnostics, 每 Boulder, CO $250,000 每
Brava is developing a rapid, high-sensitivity tro-
ponin test for chest pain assessment. Emergency
physicians need precise lab results to guide treat-
ment or safe discharge. Results from the central lab
take more than an hour and current point-of-care
(POC) tests do not meet the new American College
of Cardiology guidelines.
Brava*s evanescent planar waveguide technology
enables lab-quality performance in 15 minutes
using a low-cost POC instrument and high-margin
consumable cartridges.
** Career Allies 每 Fort Collins, CO $53,750 每 The
Tilt Platform is revolutionizing parental leave in the
workplace. Through a web based solution, their
turnkey platform guides employees and companies
through a research based, customized approach to
retention, engagement and effective transitions.
** Earable , Inc. 每 Boulder, CO $250,000 每 Earable
is an exciting early stage company that is revo-
lutionizing cognitive healthcare by building smart
earphones that help improving human*s cognitive
functions and productivity. Their pioneering work is
at the intersection of breakthrough wearable sens-
ing, signal processing and machine learning.
Today they are commercializing their invention for
the world*s first and most advanced in-ear health
improvement interface system (continued pg 4>)
Colorado, leveraging Colorado Nobel-prize-
winning frequency comb laser technology
to help oil and gas companies comply with
stringent Colorado air regulations and ease
tensions at the urban/oil-and-gas interface
along the Front Range.
The technology, which has been proven under
stringent blind-testing protocols, offers one of
the only proven continuous monitoring solu-
tions in the industry.
** New Iridium, LLC 每 Boulder, CO $250,000
每 New Iridium accelerates pharma drug de-
velopment with powerful light-driven photo-
catalysis that offers unparalleled efficiency.
Long development time and high costs (10
years, $3B/drug) are motivating pharmas to
invest in this emerging technology.
By reducing drug synthesis steps, photoca-
talysis shortens R&D cycle-time, improves
time-to-market and reduces downstream
manufacturing costs. Our patent-pending
high-performance organic photocatalysts are
the key enabler of this transformative tech-
nology.
** Quorum Prosthetics 每 Windsor, CO
$248,000 每 Quorum brings state-of-the-art
technology and personalized service to any-
one in need of prosthetic or orthotic devices
to improve their mobility. With a wide range
of products tailored to individual needs and
an all-inclusive clinic, Quorum provides pa-
tients with the maximum and highest quality
mobility possible.
** RCAM Technologies 每 Boulder, CO
$250,000 每 The U.S. is planning to install ap-
proximately $17B worth of new fixed-bottom
offshore wind turbine foundations in the next
ten years. However, conventional support
structures have numerous cost, production
rate, installation, and environmental chal-
lenges. RCAM has developed a 3D Concrete
Printed (3DCP) foundation that reduces the
installed capital cost by up to 40% saving $4
M per foundation or $400 M per wind plant.
** Skyland Analytics, Inc. 每 Niwot, CO
$250,000 每 Skyland Analytics develops cloud-
based data management software for drug
manufacturers.
Drug companies are universally reliant on
paper records and spreadsheets for the man-
agement of critical data and on 3rd parties
for drug development and production. The
Skyland PIMS data collaboration platform en-
ables customers to cohere paper, spreadsheet
and digital data throughout the supply chain
while meeting FDA guidelines for data integ-
rity, and data visibility between drug owner
and their manufacturers.
** SmartForce Technologies, Inc. 每 Green-
wood Village, CO $175,000 每 SmartForce
helps public safety agencies make the world
$5.2 Million Advanced Industries Awards
Fuel 24 Colorado Start-Ups
November 21, 2019: A Colorado company with
the transformative technology behind a revolu-
tionary prosthetic socket design, that provides
easier application and release, was among 24
Colorado start-ups approved for funding as part
of the Colorado Office of Economic Development
and International Trade (OEDIT)*s Advanced In-
dustries Accelerator Grant Program.
A total of $5,214,528 Proof-of-Concept and Early
Stage Capital and Retention Grants that fuel the
growth of Colorado*s advanced industries were
awarded in this reporting cycle.
※Funding such a diverse cross-section of innova-
tive Colorado companies continues to advance
Colorado*s key industries and solidify our state*s
reputation as an innovation incubator,§ said Senior
Manager of Advanced Industries Katie Woslager,
※Innovation drives economic growth and these
grants directly support Colorado*s vital innovation
ecosystem.§
24 Colorado companies were approved to receive
Proof-of-Concept and Early Stage Capital and
Retention grants (see list below).
Proof-of-Concept grants are open to Colorado
research universities, federal labs located in Colo-
rado and other labs with valid technology transfer
offices for pre-commercialization research and
commercialization preparation.
Early Stage Capital and Retention grants fund
companies commercializing innovative technolo-
gies to create viable products that meet a mar-
ket need and can be created or manufactured in
Colorado and exported globally.
One Colorado company - Copper Labs - success-
fully met all of its performance milestones and
was approved for $100,000 of second round or
※transition§ funding.
Colorado State University funded four additional
projects for $258,964 and National Jewish Health
funded three projects for $59,274 as part of their
annual allocation given to approved Technology
Transfer Offices for Proof of Concept funding.
The AI Accelerator Grant program received 60
applications during the current application cycle.
Applications were reviewed by committees of
business, technical and financial experts, as well
as an industry-specific reviewer.
23 companies were invited to participate in a
November pitch session with the full AI commit-
tee. Final recommendations were approved by the
Economic Development Commission on November
21, 2019.
The next application cycle for Proof-of-Concept
and Early Stage Capital and Retention Grants will
open on January 2, 2020 with corresponding
applications due March 2, 2020.
The Advanced Industries Accelerator Programs
(AIA) were created in 2013 to promote growth
and sustainability in Colorado*s advanced indus-
tries by driving innovation, accelerating commer-
cialization, encouraging public-private partner-
ships, increasing access to early stage capital and
creating a strong infrastructure to increase the
state*s capacity to be globally competitive.
AIA encompasses three distinct grant programs:
Proof of Concept, Early Stage Capital & Retention
and Collaborative Infrastructure.
PROOF-OF-CONCEPT AND EARLY STAGE
CAPITAL AND RETENTION GRANTS:
** First Ascent Coffee Roasters, LLC 每 Crested
Butte, CO $250,000 每 Through a proprietary
process, First Ascent makes a specialty instant
coffee - from start to finish - in the mountains of
Crested Butte, Colorado.
Through conscious sourcing, skillful roasting and
precise brewing, First Ascent crafts a delicious,
lightweight and convenient coffee that is a per-
fect choice for backpacking, bike tours, climbing
expeditions, or any other outdoor adventure that
demands excellence in rough places.
** Impact CBS, Inc, - Durango, CO $250,000 每
Impact Fenders integrates a closed cell recycled
foam interior wrapped with a PVC coated polyes-
ter shell. This all encompasses a pliable interior to
mold to any hull design.
Their fastening system connects with polypropyl-
ene webbing through stainless steel grommets
and then finally to their custom cleat on your
boat. Everything is adjustable and form fitting to
the boats hull to deliver years of protection.
** LongPath Technologies - Boulder, CO $250,000
- LongPath is a spin out from the University of
CO Innovation Abounds