Bioscience Discovery Evaluation Grant Program
The Bioscience Discovery Evaluation Grant Program (BDEGP) was created in 2006 by the Colorado General Assembly to grow the bioscience industry in the state. The goal was to stimulate jobs and create new bioscience companies based on promising discoveries made at the state’s major research institutions.
The $56 million program is appropriated through the Governor’s Office of Economic Development and International Trade (OEDIT). Since the first grants were made in mid-to-late 2007, the program has provided 116 grants to researchers at Colorado research institutions; 41 grants to help early stage companies further these technologies; and has formed four new bioscience commercialization organizations to identify, manage and support technologies and to bring together necessary expertise to advance novel Colorado biotechnologies to commercialization. A total of $19 million of the $56 million program has been granted through April 2011. Each grant is awarded following a rigorous review by scientists, bioscience executives, financiers, and OEDIT.
Within this funding year (FY 2010-2011) 41 grants have been awarded as of April 2011, in three program areas:
- 30 - Proof of Concept (POC) grants to research institutions to accelerate the development of new bioscience discoveries that may lead to the creation of new Colorado companies.
- 8 - Early Stage Company Grants (ESC) to Colorado companies that have licensed a bioscience technology from a Colorado research institution.
- 3 - Commercialization Infrastructure grants to develop essential resources for Colorado scientists and bioscience companies.
April 2011 Update
BDEGP 2010-2011 Magazine Update (465 KB)
Feb 2011 BDEGP Full Report
Colorado Office of Economic Development and International Trade (OEDIT)
Proof Of Concept Rules & Application
Early-Stage Company Rules & Application
Bioscience Infrastructure Rules & Application
For information contact:
Sonya Guram, Program Manager
Colorado Office of Economic Development & International Trade
1625 Broadway, Suite 2700
Denver, Colorado 80202
sonya.guram@state.co.us
(T) (303) 892-3840
(F) (303) 892-3848
1 (800) 659-2656 TDD
