The Advanced Industries (AI) Export Grant is a Colorado financial assistance program for aspiring and current Colorado exporters administered by the Colorado Office of Economic Development and International Trade (OEDIT). The grant program supports small and medium-sized business through funds to offset international business development and marketing costs. The grant is funded by the Colorado Advanced Industries Acceleration Program.
Grants are capped at $15,000 per business to reimburse for costs associated with projects, activities or services. Because of limited funding, reductions will be made to awards after a majority of the funds have been awarded. Funding will be renewed in July 2020.
Approved applicants pay for the project up front, and then submit proof of payment to be reimbursed 50% of the approved expenses. Grant program applications will be accepted on a rolling basis until funding runs out.
Applicant Eligibility Checklist
Colorado company participant must meet the following qualifications to be eligible for the AI Export Grant the business must:
Eligible Export Projects, Activities or Services Covered by Program
Eligible international export development expenses include:
The Export Grant will NOT reimburse for certain activities, including but not limited to:
Financial assistance through the AI Export Grant is only applicable to expenses which have yet to be incurred by the applicant and which have specifically been deemed as eligible for reimbursement by OEDIT. Applications must be submitted a minimum of six weeks prior to planned activities.
Funding is available through June 2020