Advanced Industries Export Grant

Who can apply

• You make an advanced technology that affects one or more of Colorado's seven advanced industries.
• Your main office is in Colorado, or at least 50% of your staff work in Colorado.
• You have fewer than 200 staff worldwide and at least two years of U.S. sales.
• You have a product or service ready to sell abroad. Your business must be registered and in good standing with the Colorado Secretary of State.

What you need to fund

You pay the costs first. The grant then pays back up to half of approved costs, within the award cap. Staff pay and day-to-day running costs are excluded.

Your next step

Apply to OEDIT at least four to six weeks before your trip or planned work. Check which costs qualify before you spend. Send your claim within 30 days after your trip.

Prepare before you apply

• Describe your product and target market. Explain why you chose it. Include your company finances and a budget that lists each cost.
• Estimate export sales after the work and after six months. The company must apply itself. A consultant cannot apply for you.
• Allow time to activate the OEDIT portal account. New users are added manually, which can take several days.

What to watch

• OEDIT lists trade trips, export legal work, translation and marketing abroad among the costs it may fund. Check each cost before you commit.
• Staff pay, routine operating costs, flight upgrades and entertainment are excluded.
• Allow three to four weeks for a decision. The award letter sets out the work and costs OEDIT will fund.

Check business setup only if needed

A new LLC does not guarantee grant eligibility. Check the program rules before changing your business or paying for a service.