Tech

To be eligible for BEN, a tech company must fulfill the following requirements: 

  1. Be beyond Series A.
  2. Have $5 million in top-line revenue or sales, or $10 million in capital raised.
  3. Have between 30% and 40% in top-line revenue or sales growth.
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BEN Colorado
Natural Products

To be eligible for BEN, a natural products company must fulfill the following requirements: 

  1. $2 million in top-line revenue
  2. Locations outside of Colorado or distribution at a national chain
  3. At least $15 million in sales or 50% revenue growth YOY
  4. Being a product leader or disruptor in a strong category
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BEN Colorado
Energy

To be eligible for BEN, an energy company must fulfill the following requirements: 

  1. At least $7 million in top-line revenue
  2. Significant capital funding (e.g. above $20 million if product-based, or $10 million if service-based) 
  3. Secured Department of Energy grants
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BEN Colorado
Biotech & Digital Health

To be eligible for BEN, a biotech or digital health company must fulfill the following requirements:

Device/Diagnostic: 

  1. Stage: beyond prototype with clinical outcome data for reimbursement strategy, validating corporate partnerships, and filed with FDA (or will within 6 months)
  2. Investment: $2 million – $5 million Revenue: $2- $5 million in revenue, sales, or licensing royalties

 Biotech/Pharma: 

  1. Stage: in clinical trials; and validating corporate partnership in place 
  2. Investment: $20 million in one to two rounds 

Mobile/Digital Health:

  1. Investment: $2 - 5 million Validation through testing in clinical/healthcare setting 
  2. Revenue: $2 - 5 million in revenue, sales, or licensing royalties
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BEN Colorado
Aerospace

To be eligible for BEN, an aerospace company must fulfill the following requirements:

  1. $3 million in top-line revenue

  2. Reinventing at least 8% of revenue into R&D

  3. At least 5 employees and demonstrated employment growth

  4. Past early-stage risk (as evidenced by feasibility studies, white papers, proposals, prototypes)

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BEN Colorado