b'INVESTING IN LEADING-EDGE STARTUPSAdvanced Industries Accelerator Grant ProgramPolicy + Advocacy Success: CBSA Celebrates Program RenewalCBSA proudly led the advocacy efforts to reauthorize state funding for the Advanced Industries Accelerator Grant Program, SB23-066, in the 2023 legislative session, working with our advanced industries partners and Colorado Office of Economic Development and International Trade (OEDIT).CBSA thanks bill sponsors: Sen. Cleave Simpson, Sen. Chris Hansen, Rep. Shannon Bird, and Rep. Mike Lynch. A special thank you to our partners at Colorado Cleantech Industries Association.About the Advanced Industries Accelerator Grant ProgramColorados advanced industries play a vital role in the states economic growth and stability. They are research and development (R&D) and engineering-intensive companies, contributing to the states thriving entrepreneurial ecosystem. They account for close to 30% of wage earnings, almost 30% of total sales revenue, and around 35% of the states total exports.The Advanced Industries Accelerator Grant Program is a critical source of non-dilutive funding for Colorado early-stage life sciences companies and organizations. It demonstrates a significant return on investment, delivering value back to the state through company creation and high-paying jobs.Program ROI: Success Metrics for All Advanced Industries Since 20167144527 AWARDS JOBS RETAINED$ 128 M124 AWARDED NEW COMPANIES CREATED $ 2.5 B 4423624FOLLOW-ON CAPITALNEW JOBS CREATED PATENTS FILED42 BIOSCIENCE COLORADO 2023-2024'