About Colorado NextCycle

 
What is it?
Colorado NextCycle is a business incubator designed to improve the end markets for recovered commodities and organic materials in Colorado.
  • DESIGN new technologies, products, and markets.
  • RENEW recycled materials into new products.
  • REVIVE local and regional circular economies.
Why do we need it?
Our newly adopted statewide waste diversion goals aim to more than double the state’s current recycling rate to 45 percent by 2036. Colorado’s geography and changes in international end markets pose significant challenges to meet that goal. Colorado will need strong regional infrastructure and robust end markets to form a more sustainable domestic recycling economy within the region. 
 
How does it work?
October  2019 – December 2019
  • Cross-sector teams form and develop solution ideas.
  • Jump-kit publicly available starting October 21, 2019. 
  • Teams submit letters of intent for acceptance into NextCycle by November 20, 2019.
  • Department representatives select teams to join NextCycle.
January  2020 – July-2020
  • Project teams announced. 
  • Each team selected for NextCycle receives consulting assistance in the research and development of their idea and business plan.
  • Each team is eligible for coaching from the Technical Advisory Committee to turn ideas into viable business plans. 
  • Teams participate in a multi-day business development bootcamp at Galvanize Boulder (all costs are covered by the program).
  • Teams present their business pitches to investors at the NextCycle Pitch Session (all costs are covered by the program).
Fall 2020 through end of 2021
  • Teams have the option of competing in the department’s future grant cycles.
  • Recipients of the infrastructure or end market grants will begin implementing their business plans and improving the end markets for recovered commodities and organic materials in Colorado. 
Who is funding it?
Funding for Colorado NextCycle is provided by our existing grant fund dollars through the Recycling Resources Economic Opportunity Program.
 
A free library of resources is available to all interested teams. The resources have been chosen to assist project teams in developing and strengthening their Letter of Intent and includes resources on: business plan development, financial resources, policy, material and diversion data, infrastructure, and industry and market resources. 
 
The virtual Data Room enables teams to quickly access and compare local economic and demographic data as well as recycling and solid waste facilities. It also enables the user to identify potentially available feedstock on a county by county basis.
 
Get Project Updates
Join the Colorado NextCycle mailing list and receive regular updates on the project, including opening and due dates for applications, information on forming a team and other important information. 
 
See NextCycle Teams in Action
Learn more about what a NextCycle project team looks like by watching last year’s pitch session. The five minute pitches can be viewed on the Colorado NextCycle YouTube channel.
 
Questions?
For more information, please email or call the NextCycle project team, Juri Freeman and Beth Coddington
303-953-2461