The State of Colorado’s Office of Economic Development and International Trade (OEDIT) announced that VitriVax is a recipient of one of its Advanced Industry Accelerator grants. The grants fund companies commercializing innovative technologies to create viable products that meet a market need and can be created or manufactured in Colorado and exported globally.
VitriVax will apply the grant funding to accelerate the development of its “Vaccine Formulation Foundry” in Colorado, partnering with vaccine developers around the globe to make their vaccines thermostable and single-shot. The benefits of the VitriVax platform to Colorado resonate even more today given its unique ability to help with the COVID-19 fight.
“The Advanced Industry grants expand Colorado’s vital innovation ecosystem where this very innovation drives economic growth,” said Katie Woslager, senior manager – Advanced Industries. “These cutting-edge companies create jobs and leverage additional investment into the state, proving to be true economic engines contributing to Colorado’s economy.”
See the press release here:
https://choosecolorado.com/7-3-million-advanced-industries-awards-fuel-27-colorado-start-ups/