![]() “L2L is a godsend for my company,” said Lucas Loetcher, founder of Fluent Renewables, which uses CSU-developed anaerobic digester technology to serve a multi-billion-dollar opportunity to produce renewable natural gas from cattle waste. L2L is open to CSU faculty, staff and students across all technology areas, with high interest in Cleantech and sustainability startups. After, the plan calls for adding a permanent CEO and initial seed investment. Since the EDA grant was awarded, the L2L team has begun recruiting new team members.įor select technologies, the L2L team will work for up to two years to launch and build a new company. The L2L team consists of four executives in residence, who bring decades of experience with startups and have collectively raised over $150 million, as well as five entrepreneurs in training, who are top entrepreneurship students from CSU. CSU STRATA’s federal award is $746,117 with a match of $872,628 dedicated to the L2L program. It is part of the agency’s “ Build to Scale” program, which provides capital to accelerate startups. Economic Development Administration’s Office of Innovation and Entrepreneurship and is one of 51 awardees nationwide. ![]() Economic Development Administration grant is the first awarded to the organization since the unveiling of the new name this past August.ĬSU STRATA was chosen from among 180 applicants by the U.S. “Our goal in L2L is to get top CSU companies staffed and funded – and we’re the interim C-suite to get you there.” About CSU STRATAĬSU STRATA is the new company name representing the joined services of CSU Ventures and the Colorado State University Research Foundation the U.S. “Faculty inventors now have a new path to starting companies – they do the inventing, and we’ll do the legal, marketing, sales, websites, pitch decks and fundraising,” said Jim Poss, director of venture creation at STRATA, who leads the new companies enrolled in the program. The businesses provide sustainable manufacturing, treatment to reduce food spoilage, a method to safely convert manure into fuel, and a non-invasive diagnostic tool for inflammatory bowel disease in animals. Four companies spawned from three CSU colleges, including Agricultural Sciences, Engineering and Veterinary Medicine and Biomedical Sciences, are already in the program. The goal of the program is to launch 15 new companies in three years by providing startups leadership and infrastructure to scale. A federal grant and matching funds valued at $1.6 million to CSU STRATA open new opportunities to commercialize university-grown startup technology companies under a program called Lab to Life, or L2L.
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