Colorado NextCycle is an incentivized 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.
Sign up to receive project updates
Join the Colorado NextCycle mailing list and receive regular updates on the projec, including opening and due dates for applications, information on forming a team and other important information.
What is it?
Colorado NextCycle is a phased-program that assists cross-sector teams in preparing their business concepts for the department's grant application/award cycle in 2019. Business concepts can include:
- Developing end markets for recovered commodities and/or organic materials.
- Secondary processing of recovered commodities and/or organic materials.
How is it different?
Unlike other grant cycles, Colorado NextCycle provides the following:
- Technical Advisory Committee (TAC): The committee is composed of subject matter experts covering materials processing, infrastructure, manufacturing, finance, risk assessment, partnerships, market development and more.
- Access to Jump-Kit: The jump-kit contains basic material recovery information and program participation instructions.
- Phase 2 Financial Support: Each team selected to advance to Phase 2 receives a modest grant to assist with research and development of their idea and business plan.
- Phase 2 Access to Data Room: The data room is an information resource containing data including local/regional population and waste data, supply chain modeling, commodity market pricing, regulatory and policy information, and more.
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?
Phase 1: September 2018 – January 2019
- Cross-sector teams form and develop solution ideas.
- Jump-kit publicly available.
- Teams submit letters of intent for acceptance into Phase 2.
- Department representatives select teams to advance to Phase 2.
Phase 2: February 2019 – Mid-2019
- Each team selected to advance to Phase 2 receives a modest grant to assist with research and development of their idea and business plan.
- Each team is eligible for coaching from the Technical Adivsory Committee to turn ideas into viable business plans.
- Data Room available to Phase 2 teams.
- Teams submit their refined business plans to compete in the department's 2019 open grant cycle for large-end market dedicated grants.
Phase 3: Mid-2019+
- Recipients of the end market grants will begin implementing their business plans and improving the end markets for recovered commodities and organic materials in Colorado.
How to apply?
Teams interested in Colorado NextCycle will submit letters of intent in mid-December 2018 for consideration of acceptance to Phase 2. It is anticipated that Phase 1 will open in mid-November 2018. Colorado NextCycle is looking for cross-sector teams including:
- Secondary material processors.
- Compost operators.
- Venture capitalists/incubators.
- And other creative thinkers.
Who is funding it?
Funding for Colorado NextCycle is provided by our existing grant fund dollars. In addition, external financial partners and investors are being sought to support and extend our investment in Colorado NextCycle.
For more information, please email firstname.lastname@example.org or call NextCycle project team, Juri Freeman and Beth Coddington, at 303-953-2461.