"With $4.75M in hand, institute helps biotech startups"

"Local bioscience industry boosters have formed a state-supported nonprofit institute to fund biotechnology startups and provide them executive leadership at their earliest stages.

The Colorado Institute for Drug, Device and Diagnostic Development (CID4) is armed with $3.75 million from the Colorado Office of Economic Development and International Trade and $1 million from the Fitzsimons Redevelopment Authority in the next five years."

Link to the Denver Business Journal feature