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CID4 Announces Spring ’12 Statewide Call for Proposals

CID4 is seeking its next Portfolio Company. A review date of Monday July 2nd has been selected as the cut-off for submitting material to CID4.com for consideration.

CID4 recently launched a new website where business plans are submitted online on a rolling basis. The new CID4 Innovation Database is proving to be a powerful tool, enabling industry partners and investors from all over world to reach into the technology-rich Colorado life science ecosystem. Providing an efficient, single point of entry, the database has been well received by investors and Colorado entrepreneurs. Business plans that had been uploaded to the CID4 Innovation Database have been presented at numerous premiere partnering and investor conferences such as C21 BioVentures, BIO, and BioPartnering North America.
Those who submit their content by July 2nd will be considered for review by management and the CID4 Technical and Business Advisory Committee (TBAC). A use-of-proceeds for up to $150,000 should be included with the submission packet. For details about the project selection process and where to submit materials visit CID4.com.
Rolling submissions received following the July 2nd cut-off will be considered in the next project evaluation session, to take place in 2013.
CID4 has committed over $1.4 million to its first five projects, which have created over 30 direct jobs and raised an additional $3 million of investment capital.  CID4 is delivering on its mission of Economic Development through Innovation Advancement.